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Sold on 27 Oct 2021

3201 Old Cleveland Road Chandler QLD 4155

  • Shop & Retail
  • 2,034 m²
  • Sold

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.
*Approx.
^ Puma/Chevron to be rebranded Caltex

Video: https://cbre.qumucloud.com/view/JYlEiNMperFnqtayoqITY4#/

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING 2 SEPTEMBER 2021 AT 4.00PM (AEST)

Darren Collins
CBRE Brisbane
Darren Collins
CBRE Brisbane

Property Highlights

Property ID2017164772
Date Sold27 Oct 2021
Floor Area2,034 m²
Land Area2,034 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  14 Nov 2021
Map for 3201 Old Cleveland Road Chandler QLD 4155
Map for 3201 Old Cleveland Road Chandler QLD 41553201 Old Cleveland Road Chandler QLD 4155
Darren Collins
CBRE Brisbane
Darren Collins
CBRE Brisbane

Property Highlights

Property ID2017164772
Date Sold27 Oct 2021
Floor Area2,034 m²
Land Area2,034 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  14 Nov 2021
CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000
Darren Collins
CBRE Brisbane
Darren Collins
CBRE Brisbane
Darren Collins

Darren Collins

CBRE Brisbane

0404 *** ***
0404 781 787

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