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39 Douglass Street
Clermont QLD 4721
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Sold on 1 Nov 2024

39 Douglass Street Clermont QLD 4721

  • Shop & Retail
  • 1 m²
  • Sold

High Yielding Convenience Retail Investment | 15 Year Lease To Chevron Corporation Plus Option to 2031

    Burgess Rawson is pleased to offer to the market the Caltex located at 39 Douglass Street, Clermont QLD for sale via our Investment Auction Portfolio 172.

    This opportunity has the following key investment highlights:

    + Fifteen (15) year lease to 2026 plus one (1) five (5) year option to 2031
    + Chevron Corporation (NYSE: CVX): major international energy company, with a market cap of $430 billion
    + Caltex Australia: a subsidiary of Chevron Corporation with over 360 convenience retail sites nationally and growing
    + Landlord favourable set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance and management fees
    + Desirable annual CPI reviews
    + Strategically positioned 2,023sqm* corner site in the centre of Clermont and one of only two service stations in town
    + Favourable centre zoning allowing for a variety of future development options
    + Recently underwent total rebrand to Caltex Australia as well as $160,000 new tank-in a tank reline refurbishment completed in 2019
    + Located within 1km* of national retailers IGA and Mitre 10 and within 100m* of Leo Hotel Motel, Smart Stays Inn and Clermont Country Motor Inn
    + Surrounded by important social infrastructure, including the Clermont Hospital & 3 schools within 2km* servicing 500+ students
    + Clermont: an important rural service centre driven economically by coal mining and cattle and sheep grazing
    + Isaac Region: a thriving region known for fertile plains, rich soils and coal mines - producing $32.23billion in economic output
    + Net Income: $134,030 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 31 October 2024
    The Hilton, Brisbane

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.

    AUCTION

    Auction date and time31/10/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold1 Nov 2024
    Floor Area1 m²
    Land Area2,023 m²
    ParkingAsk Agent
    Property ID2019538329
    Category
    Last updated  1 Nov 2024
    Map for 39 Douglass Street Clermont QLD 4721
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold1 Nov 2024
    Floor Area1 m²
    Land Area2,023 m²
    ParkingAsk Agent
    Property ID2019538329
    Category
    Last updated  1 Nov 2024

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Tom Lawrence
    Tom Lawrence
    Burgess Rawson Queensland
    Call
    0428 626 117

    More about 39 Douglass Street Clermont QLD 4721

    39 Douglass Street Clermont QLD 4721 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,023 m². The listing ID for this property is 2019538329.

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