Chevron - Caltex, 127 Kingston Road, Woodridge, Qld 4114

Burgess Rawson from CBRE are pleased to offer to market the Caltex Australia at 127 Kingston Road, Woodridge QLD, to be sold via National Portfolio Auction 179.

This property has the following key investment highlights:

+ Sixteen (16) Year lease to August 2033 plus Four (4) further Ten (10) Year options to August 2073
+ Expansive 5,000 sqm* main road site with strong future development potential (STCA)
+ Caltex Australia: an Australian household name subsidiary of Chevron Corporation with over 360+ convenience retail sites nationally and growing (1)
+ Chevron Australia a subsidiary of Chevron Corporation (NYSE: CVX): the 32nd largest company in the world with a market cap of $475 billion (AUD) (7)
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including multiple holding land tax, rates and insurance
+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ Recent major tenant funded rebrand to Caltex Australia
+ 77m* of frontage and exposure to Kingston Road, a 4-lane arterial servicing over 32,000 vehicles daily (2)
+ Conveniently situated within 1km* of Underwood’s large format and convenience retail corridor, home to Bunnings Warehouse, Officeworks, Sydney Tools and BCF
+ Located 1.5km* from Logan Central Plaza, a single supermarket and DDS shopping centre anchored by Coles and Kmart, complemented by 56 specialty retailers and 1,017 car park spaces – 3.21 million annual customer visits (3)
+ Woodridge: booming Metro Brisbane growth suburb within the City of Logan, with median house prices increasing by over 18% in the last 12 months (4)
+ Logan City: one of the fastest growing LGA's in Queensland, with the projected population to exceed 500,000 by 2036 (5) and $1.2 billion committed in future capital works in FY25/26 (6)
+ Net Income: $405,366 pa* + GST

For Sale via Investment Portfolio Auction 179
10:30am AEST Thursday 18 September 2025
The Westin, Brisbane

*Approx
1 Chevron
2 Gapmaps
3 Logan Central Plaza
4 Realestate.com.au
5 Loed.com.au
6 Logan.qld.gov.au
7 Companiesmarketcap.com.au