Chevron/Caltex Australia - Trophy Convenience Retail Investment on the Sunshine Coast


+Secure 17-year Net Lease to 2033 plus options to 2073
+Chevron Corporation (NYSE: CVX) Caltex Australia: Major global energy company, with a market cap of $317 Billion and over 360 sites nationally**
+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
+Strong and certain rental growth with annual, fixed compounding 3% increases
+High profile 1,016sqm* gateway site with direct frontage and exposure to David Low Way
+David Low Way: An important 4 lane arterial road linking Noosa to the Sunshine Coast, servicing approximately 17,000 vehicles daily***
+Less than 2km from the Peregian Shopping Centre, a Coles-anchored shopping district boasting 307* car parking spaces and 16 speciality stores including BWS, LiveLife Pharmacy and Jets Fitness****
+The surrounding area benefits from social infrastructure including 4 schools servicing over 3,900+ full-time students***
+Significant tourism region, attracting 1.9 million visitors who generate $1bn each year*****
+Noosa Shire Council: by 2041, population is forecast to grow by 14.84% to 65,000 residents******
+Minimum management, petrol station investment
+Estimated New Rent: $260,837 pa*

To be sold by Investment Portfolio Auction: 
10:30am AEST Thursday 4 August 2022
Hilton Hotel, Brisbane

****Peregian Beach SC
*****Visit Noosa Annual Report
******Economic Development Strategy

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents. 

Do you own a similar property?


Contact agents
Neville Smith Partner
0400 068 205
Enquiry Form

Peregian Beach, QLD

2215-2217 David Low Way

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 154

Contact agents