10 Takalvan Street,
Bundaberg West, QLD 4670
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
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CBRE - QLD
Level 3, 1 Eagle StreetBRISBANE CITY, QLD 4000
10 Takalvan Street
Bundaberg West, QLD 4670
Map of 10 Takalvan Street
Secure 18 Year Net Lease to Market Leading Fuel Operator – 3% Rent Increases
- Secure 18-year net lease to 2034
- Annual 3% Rent Increases
- Land Tax Recoverable
+ Secure 18-year net lease to 2034 plus options to 2074.
+ Chevron Corporation (NYSE: CVX): Major global energy company, with a market cap of $257 Billion and over 360 sites nationally. *
+ 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.
+ Prime corner CBD site with direct frontage and exposure to Takalvan Street.
+ Takalvan Street, a main road arterial linking Bundaberg CBD with the regional airport, Bunnings and Sugarland shopping centre – servicing over 27,000 vehicles daily.**
+ Positioned opposite the Bundaberg Base Hospital, the largest hospital in the Bundaberg Region, offering a wide range of medical services to a population of approximately 94,000.
+ Strategically located within close proximity to various high-profile national tenants, with Coles, Woolworths, ALDI, Bunnings Warehouse, Officeworks, Dan Murphy’s, McDonald’s, KFC & Hungry Jacks all within 2.5km.
+ Surrounded by important social infrastructure including 13 schools within a 3km radius servicing 6,767 full-time students.**
+ Bundaberg Region: $4.2 billion of capital projects currently under planning or in construction. ***
+ Bundaberg Region: By 2041, population is forecast to grow by 42% to over 134,000. ****
+ Minimum management, essential service investment.
+ Estimated net rent: $139,113 pa*
To be sold by Investment Portfolio Auction:
10:30am AEST Thursday 31 March 2022
The Hilton, Brisbane
*Chevron
**Gapmaps
***Bundaberg Regional Council
****Bundaberg Tourism Plan
*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.
+ Chevron Corporation (NYSE: CVX): Major global energy company, with a market cap of $257 Billion and over 360 sites nationally. *
+ 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.
+ Prime corner CBD site with direct frontage and exposure to Takalvan Street.
+ Takalvan Street, a main road arterial linking Bundaberg CBD with the regional airport, Bunnings and Sugarland shopping centre – servicing over 27,000 vehicles daily.**
+ Positioned opposite the Bundaberg Base Hospital, the largest hospital in the Bundaberg Region, offering a wide range of medical services to a population of approximately 94,000.
+ Strategically located within close proximity to various high-profile national tenants, with Coles, Woolworths, ALDI, Bunnings Warehouse, Officeworks, Dan Murphy’s, McDonald’s, KFC & Hungry Jacks all within 2.5km.
+ Surrounded by important social infrastructure including 13 schools within a 3km radius servicing 6,767 full-time students.**
+ Bundaberg Region: $4.2 billion of capital projects currently under planning or in construction. ***
+ Bundaberg Region: By 2041, population is forecast to grow by 42% to over 134,000. ****
+ Minimum management, essential service investment.
+ Estimated net rent: $139,113 pa*
To be sold by Investment Portfolio Auction:
10:30am AEST Thursday 31 March 2022
The Hilton, Brisbane
*Chevron
**Gapmaps
***Bundaberg Regional Council
****Bundaberg Tourism Plan
*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.
Bundaberg West, 4670 demographic data
The median household income for Bundaberg West is $966, 36% lower than Regional Queensland's household income of $1,507. Bundaberg West has a younger age profile compared to the rest of Regional Queensland (median age 39 vs 41). Property ownership data shows 41% of property owners in Bundaberg West have a mortgage.
2,596
Population
$966 per week
Median household income
39 years
Median age
Renters
Most residents
Singles
Most households
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