JLL is please to present 'Caltex' Grange, a recently rebranded service station located in a very tightly held, near city catchment with the following key benefits;
Net income of $197,860* per annum plus GST
Five (5) year lease extension to 'Caltex' through to 2028 with a further option thereafter
Parent company 'Chevron' (NYSE:CVX) ranks as top 3 oil/gas companies worldwide
Repositioning / value add opportunity with ancillary tenant on hold over
Prominent 1,353sqm* corner site along busy arterial Days Road
Tightly held, affluent near city suburb just 4.5km's* from Brisbane CBD
*Approximately
The size of Grange is approximately 1.8 square kilometres. It has 8 parks covering nearly 24.4% of total area. The population of Grange in 2011 was 4,163 people. By 2016 the population was 4,296 showing a population growth of 3.2% in the area during that time. The predominant age group in Grange is 40-49 years. Households in Grange are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grange work in a professional occupation. In 2011, 70.9% of the homes in Grange were owner-occupied compared with 74.1% in 2016.
Grange has 1,806 properties.
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