High Yielding Investment – International Tenant
High Yielding Investment – International Tenant
Description
15 Year Lease + Options to 2040
Fully refurbished in 2023
Net Income: $421,820* p.a + GST
- Caltex Chevron: International NYSE listed tenant
- Built new in 2015 and fully refurbished and rebranded in 2023
- Latest design format with Star Mart convenience store
- Caltex 15 year lease to 2030 + 2 x 5 year options to 2040
- Elite Real Estate – 6 year lease with guarantees
- Over 93% of income secured by Chevron Caltex
- Prime main road with estimated 20,000 vehicles passing daily
- Situated less then 1 kilometre from the Rockhampton CBD
- High profile 1,733sqm site with 12 on-site car spaces
- Tenants pay all outgoings including land tax and management fees
- Attractive CPI and CPI + 1% rent reviews
- Surrounded by high profile occupiers including Woolworths, Target, JB-Hi-Fi, McDonald’s, KFC, Hungry Jack’s and Red Rooster
- Rockhampton: A diverse and thriving $5.12 billion* economy with a population of 85,000 people and globally recognised as the ‘Beef Capital of Australia’
For sale via ‘Offers to Purchase’
*Approximate.
Address
Open on Google Maps-
Address: 43 Queen Elizabeth Drive, ROCKHAMPTON (BERSERKER) QLD
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State/county: Queensland
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Zip/Postal Code: 4701
Details
Updated on August 21, 2025 at 2:25 am-
Property ID CECI-3768
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Property Type Retail, Service Station
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Property Status Sold
Contact Information
Neither the Vendor nor its representatives or agents, Commercial East Coast Investments give any warranty or representation as to the lease summary items included above or of the current net income. Purchasers are recommended to review the lease in its entirety and to seek their own legal advice.
