Mobil Gracemere (Rockhampton)
16-18 Lawrie Street, Gracemere (Rockhampton) QLD

Stonebridge National Investment Sales is pleased to present to the market Mobil (Pearl Energy) For Sale via Expressions of Interest.

The asset has the following key investment features:

  • Brand new 15 year lease to 2037 + options to 2067
  • Mobil (Pearl Energy) – Established, premium national fuel & convenience retailer projected to rapidly grow to 100+ locations by 2023
  • Prominent 2,513 sqm* site boasting 68m* frontage to Lawrie Street (19,667+ vehicles daily), being a key commuter road linking to The Capricorn Highway which leads directly to the Rockhampton CBD
  • Under construction, modern fit out in line with Pearl Energy’s latest corporate branding providing significant depreciation benefits
  • Near major national retailers including Woolworths, BWS, Best & Less, McDonald’s, Subway, Red Rooster & Hungry Jack’s
  • Well configured fuel & convenience retail site – 6 car parks with two dedicated B-Double truck refueling lanes alongside favourable hydrogen conversion opportunity
  • 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
  • Lawrie Street Upgrade – Commencing in 2021, the $44 million state and federal government funded project is being delivered to minimise impacts of traffic flow by upgrading the street from two to four lanes  
  • Net Lease – Tenant pays all usual outgoings including repairs & maintenance and land tax
  • Lease secured by 3 month Bank & Directors Personal Guarantees
  • CPI annual rent increases (Min. 2% and Max. 4%)
  • Net Income $340,000 pa* + GST

*Approximate

The Investment is For Sale via Expressions of Interest Closing 8 September at 1pm. 

Please contact the exclusively appointed Stonebridge property professionals for more information.

Listing Map
Listing Map

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