Burgess Rawson in conjunction with Leedwell Property are pleased to offer Caltex (Chevron) located at 606 Marion Road, Park Holme (Adelaide) SA for sale via National Portfolio Auction 177.
The property has the following key investment highlights:
+ New Ten (10) Year lease to 2035 plus Two further (5) Year options to 2045.
+ Chevron Australia a subsidiary of Chevron Corporation (NYSE: CVX): the 52nd largest company in the world with a market cap of $364 billion. (1)
+ Caltex Australia: an Australian household name subsidiary of Chevron Corporation with over 360+ convenience retail sites nationally and growing.
+ Landlord favourable, set-and-forget lease structure with tenant responsible for usual outgoings including rates and land tax.
+ Tenant pays full year annual rent in advance, a significant upside to the Landlord
+ Fixed, compounding 3% annual rent increases ensuring continued income growth.
+ Prime 2,015 sqm* freehold corner site featuring 87m* frontage and exposure to 43,400* passing cars daily via major Adelaide arterial, Marion Road. (5)
+ Park Holme: booming inner metro suburb located 6.5km* from the Adelaide CBD with median house prices up 14% this year to $916,500. (2)
+ City of Marion: city south-west of Adelaide CBD with a population of 99,821 and annual economic output of $9.34B*. (3)
+ South Australia: #1 performing economy in Australia, leading the country in 4 of the key economic indicators. (4)
+ Stamp duty free investment.
+ Net Income: $338,900 pa* + GST
To be sold via Investment Portfolio Auction 177
10:30am AEST Wednesday 26 June 2025
River Room, Crown Casino, Melbourne
Burgess Rawson & Associates Victoria Pty Ltd - RLA 327401
Raoul Holderhead - 0413 860 304
David Napoleone - 0417 308 067
Jamie Perlinger - 0413 860 315
Leedwell Property | RLA 222531
Mitch Curnow - 0415 494 056
Andrew Zammit - 0417 814 398
* Approx
(1) Companiesmarketcap.com
(2) ***
(3) Profile.id
(4) Commsec State of States Report
(5) Gap Maps