CBRE is pleased to offer to the market Viva Energy (Caltex), located at 74 Connor Street, Zilzie (Yeppoon) QLD 4710 for sale via Investment Portfolio Auction 184.

The opportunity has the following investment highlights:
+ Sixteen (16) year net lease to Viva Energy to December 2032, plus four (4) further ten (10) year options to 2072.
+ 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)
+ 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.
+ 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)
+ High profile 1,300sqm* corner freehold with 74.3m* of dual street frontage and three (3) convenient access points on Connor Street and Hartley Street.
+ Fixed 3% annual rent increases, ensuring consistent and compounding income growth.
+ Located 1km* from the Palm Lake Zilzie priority development area, expected to deliver 300+ homes and increase Zilzie’s population by 20-30%.
+ Zilzie: a well established Capricorn Coast tourist destination, the property benefits from year round visitation driven by its pristine beachfront, fishing and boating lifestyle.
+ Livingstone Shire Council: one of Central Queensland’s fastest growing coastal regions, the area is forecast to increase 48% in population by 2046. (4)
+ Located 30km* East of Rockhampton, the capital of Central Queensland with a population forecasted to increase beyond 98,000* by 2041. (5)
+ Net Income: $139,097 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) Livingstone Shire Council
(5) QLD GOV