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2215-2217 David Low Way
Peregian Beach QLD 4573
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Sold on 3 Aug 2022

2215-2217 David Low Way Peregian Beach QLD 4573

  • Shop & Retail
  • 1,016 m²
  • Sold

Chevron/Caltex Australia - Trophy Convenience Retail Investment on the Sunshine Coast

    +Secure 17-year Net Lease to 2033 plus options to 2073
    +Chevron Corporation (NYSE: CVX) Caltex Australia: Major global energy company, with a market cap of $317 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
    +High profile 1,016sqm* gateway site with direct frontage and exposure to David Low Way
    +David Low Way: An important 4 lane arterial road linking Noosa to the Sunshine Coast, servicing approximately 17,000 vehicles daily***
    +Less than 2km from the Peregian Shopping Centre, a Coles-anchored shopping district boasting 307* car parking spaces and 16 speciality stores including BWS, LiveLife Pharmacy and Jets Fitness****
    +The surrounding area benefits from social infrastructure including 4 schools servicing over 3,900+ full-time students***
    +Significant tourism region, attracting 1.9 million visitors who generate $1bn each year*****
    +Noosa Shire Council: by 2041, population is forecast to grow by 14.84% to 65,000 residents******
    +Minimum management, petrol station investment
    +Estimated New Rent: $260,837 pa*

    To be sold by Investment Portfolio Auction:
    10:30am AEST Thursday 4 August 2022
    Hilton Hotel, Brisbane

    *approx.
    **Chevron
    ***Gapmaps
    ****Peregian Beach SC
    *****Visit Noosa Annual Report
    ******Economic Development Strategy

    *All areas and figuresapproxonly. 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.

    AUCTION

    Auction date and time04/08/2022 10:30
    Auction locationThe Hilton, Brisbane

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area1,016 m²
    Land Area1,016 m²
    ParkingAsk Agent
    Property ID2017909749
    Category
    Last updated  5 Aug 2022
    Map for 2215-2217 David Low Way Peregian Beach QLD 4573

    Property Highlights

    Date Sold3 Aug 2022
    Floor Area1,016 m²
    Land Area1,016 m²
    ParkingAsk Agent
    Property ID2017909749
    Category
    Last updated  5 Aug 2022
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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