Share this property

realcommercial.com.au
Burgess Rawson Townsville - TOWNSVILLE CITY

77-79 Bowen Road Rosslea, QLD 4812

Directions

77-79 Bowen Road,
Rosslea, QLD 4812

Shops & Retail • Warehouse, Factory & Industrial • Development Sites & Land
Added 3 days ago

Price information

Sale - Auction Thu 8 Aug

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$209,079
Number of Tenants
1 Tenant
Tenants / Type
Caltex

Auction

Add to calendar

Private inspections

to arrange a private inspection.
Burgess Rawson Townsville - TOWNSVILLE CITY
Neville Smith

Burgess Rawson Townsville - TOWNSVILLE CITY

Ground Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
Burgess Rawson Townsville - TOWNSVILLE CITY
77-79 Bowen Road
Rosslea, QLD 4812

Map of 77-79 Bowen Road

Directions
  • Train stations within 5 km of 77-79 Bowen Road, Rosslea, QLD 4812Distance
    Townsville Railway Station3.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 77-79 Bowen Road, Rosslea, QLD 4812Distance
    Bowen Rd at Benson Street177 m
    Bowen Rd at Touch Street279 m
    Bowen Rd at Sweet Street373 m
    Bowen Rd at Viles Street538 m
    Bowen Rd at Rising Sun702 m
    POWERED BY HERE ©
POWERED BY HERE ©

Strategic Townsville Freehold Investment to Global Energy Giant Chevron Corp - Circa 7% Yield Anticipated

  • 16 year net lease to 2032
  • Fixed 3% annual rent increases
  • Land tax recoverable
Burgess Rawson are pleased to offer to the market the Caltex Australia Convenience Retail Investment at 77-79 Bowen Street, Rosslea (Townsville) for sale via Auction Investment Portfolio 170.

+ Long 16 year net lease to 2032 plus four (4) further ten (10) year options to 2072
+ 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 land tax
+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Strong and certain rental growth with annual, fixed compounding 3% increases
+ Rosslea: booming metro location with 35,572 residents and 22,413 motor vehicles within a 3km* radius, further highlighting the strength of the trade catchment and tenant security***
+ High profile 2,474sqm* corner site located 4.5km* from the CBD with dual frontage to Bowen Road and Love Lane
+ Desirable ‘Mixed Use’ zoned freehold site with dual street access and low site coverage, allowing for future value-add, upside or development potential (STCA)
+ Bowen Road: an important 4 lane arterial road connecting the southern suburbs to the Townsville CBD with approximately 19,423 vehicles daily***
+ Less than 2.5km* from the new Fairfield Central Shopping Centre, anchored by Coles & Woolworths Supermarkets, with 900 car parking spaces and 52 speciality stores, Bunnings Warehouse & McDonald's
+ Positioned among 246* motel rooms across nine separate motels
+ Just 1km* from the Murray Sporting Complex, home to the WNBL’s JCL Townsville Fire, featuring 310 on-site car spaces and stadium capacity of over 2,000 people
+ The surrounding area benefits from essential social infrastructure including 28 schools servicing 10,612+ full-time students***
+ City of Townsville: largest city in Northern Australia, with population forecast to grow 52% to 306,053 residents by 2046*** with $27 billion in infrastructure projects underway****
+ Townsville: the commercial hub of Northern Australia, home to the largest military base with 15,000* personal and the internationally recognised James Cook University
+ Minimum management, essential service investment
+ Estimated New Rent: $209,079 pa* ($215,315 pa* as at December 2024)

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 8 August 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.
**Chevron
***Gapmaps
****Queensland Government
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property ID: 504636016Last Updated: 12 Jul 2024

Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Burgess Rawson Townsville - TOWNSVILLE CITY

Other properties you might be interested in based on the location and property type you are looking at.