Under instructions from Mr Frank O'Neill and Mr David Stimpson of SV Partners as Joint Receivers and Managers of The Property Fund Pty Ltd ATF TPF Industrial Fund No. 1.
THIS PROPERTY FORMS PART OF AN EXCEPTIONAL OPPORTUNITY TO PURCHASE A PORTFOLIO OF 14 OPERATING SERVICE STATION SITES, WITH TWO PROVIDING ADDITIONAL DEVELOPMENT LAND, AS A PURCHASE IN ONE LINE. THE SITES ARE UNDERPINNED BY ONE RENOWNED TENANT, CHEVRON, AND ARE STRATEGICALLY LOCATED WITHIN THE PRIMARY ROAD NETWORK LINKING THE COAST TO THE COAL FIELDS AND AGRICULTURAL SECTOR IN CENTRAL QUEENSLAND.
The size of Racecourse is approximately 8.4 square kilometres. It has 2 parks. The population of Racecourse in 2016 was 184 people. By 2021 the population was 181 showing a population decline of 1.6% in the area during that time. The predominant age group in Racecourse is 60-69 years. Households in Racecourse are primarily childless couples and are likely to be repaying not stated per month on mortgage repayments. In general, people in Racecourse work in a machinery operators and drivers occupation.In 2021, 66.70% of the homes in Racecourse were owner-occupied compared with 62.70% in 2016.
Racecourse has 85 properties. Over the last 5 years, Houses in Racecourse have seen a 69.51% increase in median value. As at 30 November 2025:
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