7.50% Yield Anticipated | Entry Level Freehold Investment Leased to ASX Listed Giant

Description

CBRE is pleased to offer to the market Viva Energy (Caltex), located at 1-3 Flinders Street (Burnett Highway), Monto QLD 4630 for sale via Investment Portfolio Auction 184.

The opportunity has the following investment highlights:

+ Seventeen (17) year net lease to Viva Energy to December 2033 plus four (4) further ten (10) year options to 2073.
+ Viva Energy were recently assigned the lease as part of a strategic acquisition with Chevron Australia.
+ Viva Energy Australia (ASX: VEA): blue chip $4.29 billion* ASX200 company recently purchasing Coles Express & OTR making Viva Energy Australia’s leading convenience retail operator with over 1,500 sites nationally. (2)
+ With over 1,500 fuel and convenience retail sites nationwide, Viva Energy has completed acquisitions of Coles Express, and the South Australian-based OTR group, aiming to transform it into Australia’s leading convenience and mobility retailer. (2)
+ Viva Energy Australia recently acquired the site from Chevron Australia – the site will remain Caltex-branded – with the convenience store re-branded under Viva Energy Australia’s Store 24 concept. (3)
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including multiple holding land tax, rates and insurance.
+ IMPORTANT: Viva Energy is responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation.
+ Strategic positioning as the only fuel station within a 50km* radius, securing exclusive access to a wide regional catchment and ensuring the strong trade of the tenant.
+ Fixed 3% annual rent increases, ensuring consistent and compounding income growth.
+ Substantial 1,611sqm* corner freehold site with 42m* of dual street frontage to the Burnett Highway, connecting Rockhampton to South East Queensland.
+ Surrounded by complementary national retailers including IGA, Mitre 10, Jaycar, Foodworks, Tyrepower and Vinnies.
+ Monto: An essential township with a strong community presence, essential local services, and a role as a key service hub supporting the surrounding agricultural and rural catchment.
+ Located 95km* Southwest of Gladstone, and 110km* West of Bundaberg, two major North Queensland cities with a combining population of 160,000+. (4)
+ Net Income: $118,232 pa* + GST

To be sold by Investment Portfolio Auction 184
10:30am (AEST) Thursday 14 May 2026
Level 3, Waterfront Place, Brisbane

Please contact the exclusively appointed sales team for more information.

*Approx
(2) Viva Energy
(3) ACCC
(4) QLD GOV

Enquire

Contact agents
Jamie Perlinger Senior Director
0413 860 315
Tom Lawrence Senior Negotiator
+61 428 626 117
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Monto, QLD

1-3 Flinders Street (Burnett Highway)

For Sale by Portfolio Auction
Thursday 14th May 10:30AM Level 3, 1 Eagle St, Brisbane

This property is part of Portfolio 184

Price: Contact Agent

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