175 Anzac AvenueHarristown QLD 4350
Property Details for 175 Anzac Ave, Harristown
Last Listing description (May 2023)
Dewe Doyle Commercial, as exclusive agents, are pleased to present an exceptional investment opportunity to acquire the Caltex Branded Chevron Corporation Service Station in Toowoomba, for sale via Immediate Offers to Purchase.
Priced to Sell immediately - Circa 6.5% Yield equating to $5,538,000 ONO.
The property has the following key features:
15 year lease to 2032 plus options to 2042
Chevron Corporation (NYSE: CVX): Major global energy company, with a market cap of $317 Billion and over 360 sites nationally
Chevron have rebranded the site to Caltex in early 2023, adding further confidence to their long term strategy in this location.
Guaranteed rental growth fixed 3% annual rent increases & market reviews
Net Lease - Tenant pays all usual outgoings as per the lease Including Land Tax
High profile 1,702 sqm corner site with 71m of combined frontage and high exposure to one of Toowoomba's major arterials Anzac Avenue
Constructed 2017 providing significant tax saving depreciation benefits
Ideally positioned on Anzac Avenue (formerly Gore Highway) heading into Toowoomba CBD and within close proximity to McDonalds, Clifford Gardens Shopping Centre (Anchored by Coles, Woolworths, Big W, BWS and more)
Growth location, the suburb of Harristown is experiencing strong population growth and significant residential and retail development, which is evident by the adjoining Hungry Jacks development
Toowoomba: Australia's second largest inland city after Canberra, a true gateway position at the junction of the Warrego, New England and Gore Highway's which allows direct connectivity to Melbourne, Sydney, Brisbane and Darwin. Total trade catchment of approximately 167,000 and conservatively set to increase to over 200,000 people by 2031
Net Income: $359,959 pa + GST (as at April 2023)
*All figures approximate
The Investment is For Sale via Immediate Offers to Purchase.
Please contact the exclusively appointed Dewe Doyle Commercial property professionals for more information.
Property History for 175 Anzac Ave, Harristown, QLD 4350
- 30 Aug 2022Listed for Sale $5,538,000 - 6.5% Yield
- 15 May 2020Sold for $5,070,000
- 13 Nov 2019Listed for Sale Price on Request
Recent sales nearby
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About Harristown 4350
The size of Harristown is approximately 7.2 square kilometres. There are 18 parks, covering nearly 2.8% of the total area. The population of Harristown in 2016 was 8555 people. By 2021 the population was 9081 showing a population growth of 6.2% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Harristown work in a community and personal service occupation.In 2021, 52.00% of the homes in Harristown were owner-occupied compared with 53.90% in 2016.
Harristown has 4,798 properties. Over the last 5 years, Houses in Harristown have seen a 128.58% increase in median value, while Units have seen a 130.33% increase. As at 30 April 2026:
- The median value for Houses in Harristown is $752,366 while the median value for Units is $540,454.
- Houses have a median rent of $550 while Units have a median rent of $440.
Suburb Insights for Harristown 4350
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