Stonebridge National Investment Sales is pleased to present to the market Shell Coles Express - 84 Fitzroy Street, Rockhampton for Immediate Sale via Offers to Purchase
The asset has the follow key investment features:
11 year triple net lease to 2027 + 7 x 10 year options to 2097
Viva Energy Australia - ASX listed tenant providing one quarter of Australia's fuel requirements^, market capitalisation of ~ $4.0 Bn1
Convenience retail giant, Viva Energy network of 1,350+ service stations across Australia; including 700+ Shell Coles Express outlets^
Favourable triple net lease structure, with tenant responsible for all outgoings including land tax and statutory charges
Further provisions ensure tenant is responsible for all structural repairs, maintenance and replacement, including all fuel infrastructure
Highly exposed 2,027 sqm corner site with 61m* frontage to Fitzroy Street - busy dual lane carriageway (15,000+ vehicles daily)2
Strategically situated 56m* to the Bruce Highway, with nearby retailers Officeworks, Repco, KFC, McDonald's, HJ's & Red Rooster
Rockhampton - Strong Qld City known for its agricultural excellence and as the 'Beef Capital of Australia' - population forecast to exceed 95,000 by 20363
Fixed 3% annual rent increases
Net Income $262,275 pa* + GST (as at August 2022)
*Approx. ^Viva Energy Australia 1ASX 2Gapmaps 3Forecast ID
Michael Collins
0404 023 204
Tom Moreland
0408 072 822
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Thomas Proberts
0439 588 019
Property Code: 417
The size of Rockhampton City is approximately 2.5 square kilometres. It has 8 parks covering nearly 5.6% of total area. The population of Rockhampton City in 2016 was 1953 people. By 2021 the population was 2059 showing a population growth of 5.4% in the area during that time. The predominant age group in Rockhampton City is 20-29 years. Households in Rockhampton City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rockhampton City work in a professional occupation.In 2021, 42.20% of the homes in Rockhampton City were owner-occupied compared with 41.10% in 2016.
Rockhampton City has 2,287 properties. Over the last 5 years, Houses in Rockhampton City have seen a 129.56% increase in median value, while Units have seen a 27.51% increase. As at 31 December 2025:
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