Investment Property
For Sale
  • Retail

    • For Sale - Caltex Reid River

    4545 Flinders Highway, Reid River, Qld 4816 Australia
    Investment Property
    For Sale
  • Retail

    • For Sale - Caltex Reid River

    4545 Flinders Highway, Reid River, Qld 4816 Australia
    Lot Size
    21,900 SQM
    Lot Size
    21,900 SQM

    OVERVIEW

    Cushman & Wakefield National Investment Sales are delighted to present the Caltex in Reid River to the market for sale via Expression of Interest closing at 4pm on Wednesday the 31st of July 2024.


    Caltex Reid River offers the following key attributes:

    - Leased to Chevron (operates over 19,500 retail sites across 84 countries)

    - 17 Year Lease + Options to 2073

    - Lessee is liable for 100% of outgoings, including land tax though excluding management. Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment, plus site remediation

    - Attractive 3% annual increases

    - Located on Major North Queensland Highway

    - Huge 2.19Ha Land Holding 


    Net Annual Rent: $260,155pa


    For further information, to arrange an inspection or to access the due diligence data room, please contact Patrick Birchley, Daniel Cullinane, or Evi Meka of Cushman & Wakefield National Investment Sales.


    *Approximate

    - Queensland - Far North

    CONTACT

    Key Features
    • Leased to Chevron ($300b + market cap)
    • 17 Year Lease + options to 2073
    • Net Income: $260,155pa*

    Details

    Sale Price:
    Negotiable
    Lot Size:
    21,900 SQM

    CONTACT

    For Sale - Caltex Reid River

    AVAILABILITIES

    SORT: AVAILABLE SPACE

    LOCATION

    With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

    Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

    You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
    MORE OPTIONS
    AGREE AND CLOSE
    These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
    These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
    These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
    Cookie preferences
    Agree All
    Reject All
    SAVE SETTINGS
    Essential
    Non Essential
    Marketing