Shell Coles Express, Rockhampton
84 Fitzroy Street, Rockhampton QLD
Closing Soon

Stonebridge National Investment Sales is pleased to present to the market 84 Fitzroy Street, Rockhampton for Immediate Sale via Offers to Purchase.
The asset has the follow key investment features:
• 11 year triple net lease to 2027 + 7 x 10 year options to 2097
• Viva Energy Australia – ASX listed tenant providing one quarter of Australia’s fuel requirements^, market capitalisation of ~ $4.0 Bn1
• Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^
• Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges
• Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure
• Highly exposed 2,027 sqm corner site with 61m* frontage to Fitzroy Street – busy dual lane carriageway (15,000+ vehicles daily)2
• Strategically situated 56m* to the Bruce Highway, with nearby retailers Officeworks, Repco, KFC, McDonald’s, HJ’s & Red Rooster
• Rockhampton – Strong Qld City known for its agricultural excellence and as the ‘Beef Capital of Australia’ – population forecast to exceed 95,000 by 2036
• Fixed 3% annual rent increases
• Net Income $262,275 pa* + GST (as at August 2022)
*Approx. ^Viva Energy Australia 1ASX 2Gapmaps 3Forecast ID
For further information, please contact the Stonebridge team.

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