Stonebridge National Investment Sales is pleased to present to the market Puma Parkhurst For Sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Secure 10 year net lease to 2026 + options to 2041
- Chevron (Puma to be rebranded as Caltex) - Blue chip fuel & convenience retailer listed on NYSE with $317 billion market cap. and 320+ sites nationally
- Strategic 1,362 sqm site with direct access off the Bruce Highway linking Brisbane to Cairns and part of the Australian National Highway network and 1 km* north of the soon to be constructed Rockhampton Ring Road
- Strong performing 'pad site' adjoining Woolworths anchored Parkhurst Town Centre featuring 20+ specialty tenants including BWS, Priceline and Brumby's, servicing a rapidly expanding residential catchment
- KFC Drive-Thru under construction on adjacent pad site due for completion in November 2022
- Rockhampton - Strong Queensland City known for its agricultural excellence and as the 'Beef Capital of Australia' - regional population forecast to exceed 95,000* by 2036
- Net lease Tenant pays all outgoings including Land Tax
- CPI annual rent increases with market review for each further term
- Net income $290,766 pa + GST
*Approximate
The Investment is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.
Property Code: 487