3201 Old Cleveland Road Chandler QLD 4155
- Shop & Retail
- 2,034 m²
SUPER-TRADING BRISBANE SERVICE CENTRE - 40,000* CARS/TRUCKS & TOURISTS DAILY
- 10.96 years* WALE
- 59% income PUMA/CHEVRON
- Chevron ranked in top 30 fortune 500 com
PUMA CHANDLER SERVICE STATION
Securely anchored by Chevron Corporation (Puma) on a brand-new 15-year lease.
Prime position along Old Cleveland Road, which carries 40,000 cars* daily past the centre.
Premium location just 14 km* from the Brisbane CBD, situated within a major retail precinct.
Exceptionally strongly-trading, outpacing its closest competing service station by 600%.
Excellent income growth with all tenants on net leases paying rent reviews of 3.0%.
Numerous major arterial feeder roads funnel traffic to the centre, travelling from Capalaba, Alexandra Hills, Cleveland, and Redland Bay.
Long WALE of 10.96 years* by income with all tenants on lease terms of 10 years or more.
Key strategic position at the gateway to Brisbane's eastern suburbs.
Near-new service station completed in late 2019 with excellent depreciation benefits.
Net Income $658,956 p.a.
^ Puma/Chevron to be rebranded Caltex
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 2 SEPTEMBER 2021 AT 4.00PM (AEST)