Sold
Caltex Chevron Wishart (Brisbane)
557 Mount Gravatt-Capalaba Road, Wishart (Brisbane) QLD
Stonebridge is pleased to present ‘Caltex Chevron Wishart (Brisbane)' for sale via Immediate Offers to Purchase.
The asset has the following key investment features:
- Renewed 12 year net lease to 2034 + options to 2049 with fixed 3% annual rent increases
- Head company lease to Chevron – Blue chip fuel & convenience retailer listed on NYSE, $288Bn* market cap
- High profile 3,062 sqm* site on major arterial Mount Gravatt-Capalaba Road (40,663+ vehicles daily)
- Prime fuel & convenience retail offering strategically located 1 km* from Gateway Motorway and 2.5 km* to Pacific Motorway
- Modern finishes including recently refurbished & rebranded improvements providing favourable depreciation benefits
- Wishart – Established suburb 10 km* to Brisbane in booming retail & logistics corridor home to Westfield Garden City
- Net Lease - Tenant pays usual outgoings including Land Tax, Insurance and Repairs and Maintenance
- Net Income $312,220 pa* + GST
*Approximately
‘Caltex Chevron Wishart (Brisbane) is for sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Stonebridge property professionals for more information.