12-Year Net Lease to ASX Listed Viva Energy | 3,629sqm Site with Upside
Description
CBRE is pleased to present to market Viva Gladstone, located at 3 Dawson Highway, West Gladstone Qld 4680 for sale via Investment Portfolio Auction 183.
+ Twelve (12) year head office net lease to Viva Energy Australia to May 2031, plus four (4) further five (5) year options to 2051
+ Viva Energy Limited (ASX:VEA): blue-chip $2.88 billion ASX200 company, with over 1,500 retail sites nationwide and recently completing acquisitions of Coles Express and OTR Group (1)
+ Additional income provided by POA Signboard 10-year license agreement
+ Landlord favourable, net lease terms with Viva paying water rates, council rates, and land tax
+ Large 3,629sqm* landholding with previous DA approval for drive thru-QSR and another freestanding building
+ High-profile Dawson Highway site with remarkable 167m* of signalised main road frontage
+ Dawson Highway: major 405km arterial throughout South-East Queensland, with exposure to 225,000+ vehicles passing weekly (2)
+ Perfect retail location, adjoining Supercheap Auto, Eureka Furniture and within 1km* of Gladstone Centre Shopping Centre, Stockland Shopping Centre and Gladstone Central Shopping Centre, anchored by Coles, Woolworths, Big W, Kmart, Target, Spotlight, Repco, McDonalds and MyCar
+ 35,086 motor vehicles and $41 million spending on fuel per annum within a 5km* radius (2)
+ Constructed in 2019, providing the incoming purchaser with significant tax saving depreciation benefits ($2.9m over the life of asset) (3)
+ Landlord favourable, recession proof CPI annual reviews
+ Importantly, the tenant is responsible for the remediation of the site for the ongoing use of a service station
+ Gladstone: rapid growth area, with median house price increase of 74.3% from 2021 to 2025 (4)
+ Net Income: $388,571 pa* + GST (as at May 2026)^
For Sale via Investment Portfolio Auction 183
10.30am AEST Thursday 2 April 2026
Level 3, Waterfront Place, Brisbane City
Please contact the exclusively appointed sales team for more information.
^ Assuming 3% CPI increase
*Approx
1 Viva Energy
2 Gapmaps
3 PEP Solutions
4 Realestate.com
Enquire
Contact agents
Tony Isaac Negotiator
0484 051 748
Matt Smith Junior Sales Associate
0400 366 096Enquiry Form
West Gladstone, QLD
3 Dawson Highway
For Sale by Portfolio Auction
This property is part of Portfolio 183
Price: Contact Agent
Contact agents
-
Tony Isaac Negotiator
0484 051 748 -
Matt Smith Junior Sales Associate
0400 366 096