BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Metro Perth Convenience Retail Investment Adjoining Centuria G welup Shopping Centre\nCBRE is pleased to offer to market Caltex (Chevron )\, located at 1 Wishart Street (Cnr North Beach Road)\, Gwelup WA for sa le via National Investment Portfolio Auction 184.\n\nThe property has the following key investment highlights:\n\n+ Sixteen (16) Year net lease to July 2033 plus Four (4) further (10) Year options to July 2073\, includi ng a concurrent/sublease to Auto Masters.\n+ IMPORTANT: Chevron is respon sible for all maintenance\, repairs and replacement of fuel tanks and equ ipment plus site remediation.\n+ Chevron Australia: a subsidiary of Chevr on Corporation (NYSE: CVX): the 29th largest company in the world by reve nue with a market cap of $375 billion USD.(2)\n+ Caltex Australia: an Aus tralian household name subsidiary of Chevron Corporation with over 360+ c onvenience retail sites nationally and growing.(2)\n+ Landlord-favourable \, set-and-forget net lease structure with tenant responsible for all usu al outgoings including rates\, insurance and multiple holding Land Tax.\n + Fixed\, compounding 3% annual rent increases ensuring continued income growth.\n+ Key 1\,089 sqm* corner site integrated with Centuria Gwelup Sh opping Centre\, with over 18 retail shops including Farmer Jacks Supermar ket and 324* car spaces.\n+ 37\,311 registered vehicles and total $57.27 million spending on fuel per annum within 3 kilometre radius.(3)\n+ 64 me tres* of dual frontage to North Beach Road and Wishart Street\, a promine nt intersection in the suburb with over 84\,000* vehicles passing per wee k.(3)\n+ Surrounded by important social infrastructure including 14 schoo ls within 3km* servicing 6\,358 full-time students(3).\n+ Gwelup: Metro P erth growth suburb just 12km* from the Perth CBD\, with median house pric es surging 20.7% in the past 2 years to $1\,650\,000.(4)\n+ City of Sterl ing: the largest LGA in Western Australia by population (249\,872*)\, the municipality supports over 88\,000* jobs and generates an annual economi c output of $40.63 billion.(5)\n+ Net Income: $326\,193 pa* + GST (As at July 2026)\n\nTo be sold by Investment Portfolio Auction 184\n10:30am (AE ST) Wednesday 13 May 2026\nGarden Room\, Crown Casino\, Melbourne \n\nPle ase contact the exclusively appointed sales team for more information.\n\ n*Approx\n(2)Chevron\n(3)GapMaps\n(4)***\n(5)Remplan DTEND:20260513T113000 DTSTAMP:20260416T052510Z DTSTART:20260513T103000 LOCATION:Crown Casino - Garden Room - Melbourne SEQUENCE:0 SUMMARY:Auction: 1 Wishart Street (cnr North Beach Road)\, Gwelup WA UID:CRE-2020766493-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Metro Perth Convenience Retail Inve stment Adjoining Centuria Gwelup Shopping Centre
CBRE is pleased to offer to market Caltex (Chevron)\, located at 1 Wishart Street (Cnr Nort h Beach Road)\, Gwelup WA for sale via National Investment Portfolio Auct ion 184.

The property has the following key investment highl ights:

+ Sixteen (16) Year net lease to July 2033 plus Four (4) further (10) Year options to July 2073\, including a concurrent/suble ase to Auto Masters.
+ IMPORTANT: Chevron is responsible for all ma intenance\, repairs and replacement of fuel tanks and equipment plus site remediation.
+ Chevron Australia: a subsidiary of Chevron Corporat ion (NYSE: CVX): the 29th largest company in the world by revenue with a market cap of $375 billion USD.(2)
+ Caltex Australia: an Australia n household name subsidiary of Chevron Corporation with over 360+ conveni ence retail sites nationally and growing.(2)
+ Landlord-favourable\ , set-and-forget net lease structure with tenant responsible for all usua l outgoings including rates\, insurance and multiple holding Land Tax. + Fixed\, compounding 3% annual rent increases ensuring continued inc ome growth.
+ Key 1\,089 sqm* corner site integrated with Centuria Gwelup Shopping Centre\, with over 18 retail shops including Farmer Jacks Supermarket and 324* car spaces.
+ 37\,311 registered vehicles and total $57.27 million spending on fuel per annum within 3 kilometre radiu s.(3)
+ 64 metres* of dual frontage to North Beach Road and Wishart Street\, a prominent intersection in the suburb with over 84\,000* vehic les passing per week.(3)
+ Surrounded by important social infrastru cture including 14 schools within 3km* servicing 6\,358 full-time student s(3).
+ Gwelup: Metro Perth growth suburb just 12km* from the Perth CBD\, with median house prices surging 20.7% in the past 2 years to $1\, 650\,000.(4)
+ City of Sterling: the largest LGA in Western Austral ia by population (249\,872*)\, the municipality supports over 88\,000* jo bs and generates an annual economic output of $40.63 billion.(5)
+ Net Income: $326\,193 pa* + GST (As at July 2026)

To be sold by Investment Portfolio Auction 184
10:30am (AEST) Wednesday 13 Ma y 2026
Garden Room\, Crown Casino\, Melbourne

Please contact the exclusively appointed sales team for more information.

*Approx
(2)Chevron
(3)GapMaps
(4)***
(5)Re mplan

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