CBRE is pleased to offer to the market the Caltex Truck Stop and Convenience Centre at 2 Mulgrave Street, Gin Gin (Bundaberg) QLD 4671 for sale via Investment Portfolio Auction 183.

The opportunity has the following investment highlights:

+ Fifteen (15) year net lease to Chevron to 2032 plus four (4) further ten (10) year options to 2072
+ Chevron Corporation (NYSE: CVX): NYSE listed blue-chip fuel and convenience retailer with 19,550 sites globally and a market cap of $438 billion AUD
+ Caltex Australia: a subsidiary of Chevron Corp with over 360 convenience retail sites nationally*
+ Strong history of performance and long on-site tenure operating 24/7
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance, and land tax
+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Fixed 3% annual rent increases ensuring consistent and compounding income growth
+ Substantial 15,780sqm* landholding comprising fuel & convenience truck stop paired with an established non-operational caravan park, complete with 6 self-contained 3-bedroom cabins, 30 non-powered caravan sites and additional external guest amenities
+ Dominant 160m* of direct frontage to Mulgrave Street (A1 Bruce Highway) and exposure to 40,000 vehicles passing weekly* (30% heavy vehicles)
+ Low site cover providing redevelopment & sub-division opportunities (STCA)
+ Strategically located directly opposite major truck washdown pad, and positioned within 1km of the Gin Gin Hospital and State School
+ Gin Gin: Major agricultural hub located 40km Southwest of Bundaberg CBD, median house price increased 18.8% in last 12 months
+ Bundaberg: booming region with a gross regional product of $5.62 billion and population forecast to increase 45% to 148,000 by 2041
+ Net Income: $368,608 pa + GST

For Sale via Investment Portfolio Auction 183
10:30am (AEST) Thursday 2 April 2026
Level 3, Waterfront Place, Brisbane

*Approx.