17-25 Kiernan Drive, Roseneath, QLD 4811 | Property Value & History | OnTheHouse
OFF MARKET

17-25 Kiernan Drive
Roseneath QLD 4811

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13500m2
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Property Details for 17-25 Kiernan Dr, Roseneath

Building Type
Commercial
Land Size
13500m2
Local Government
Townsville City
Lot/Plan
1/SP268100

Last Listing description (December 2022)

+ Secure 18-year net lease 2035 plus options 4 x 10 year options to 2075
+ Chevron Corporation (NYSE: CVX): Major global energy company, with a market cap of $439 Billion USD and over 360 sites nationally**
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings including rates, insurance and multiple holding Land Tax

+ Tenant is also responsible for all maintenance, repairs and replacement of fuel tanks and equipment plus site remediation
+ Strong and certain rental growth with annual, fixed compounding 3% increases
+ Landmark 13,501 sqm depot and unmanned truck stop servicing the Western Corridor and far North Queensland, ideally positioned within Townsville's road train access industrial precinct TPD (Townsville Distribution Precinct)
+ Incredible 263 metres* of dual frontage to Kiernan Drive and Curley Circuit with direct access to Flinders Highway, a main arterial road that links commuters to the Port of Townsville
+ Townsville: economic capital of North Queensland undergoing explosive growth over $27 billion in infrastructure projects currently underway***
+ Townsville: a major Queensland city with a population forecast to reach 300,000 by 2036***
+ Townsville: Home to Townsville Airport, the gateway to North Queensland, welcoming 1.25 million passengers to the region in FY20****
+ Estimated net rent: $591,230 pa* (as of 1 January 2023)

To be sold by Expressions of Interest (EOI) closing 4pm Wednesday 9 November
To be sold individually or in-one-line with 13 other freehold convenience retail investments also available

Contact Burgess Rawson sales team for more details

For Asian Investment services, please contact Zomart He on 0488 220 830 or zhe@burgessrawson.com.au

**Chevron
***Townsville QLD GOV
****QLD Airports

*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents

Property History for 17-25 Kiernan Dr, Roseneath, QLD 4811

A timeline of how this property has performed in the market
Last Sold
$8,200,000
02 Dec 2022
  • 02 Dec 2022
    Sold for $8,200,000
  • 07 Oct 2022
    Listed for Sale Price on Request
  • 02 Aug 2017
    Sold for $18,940,000
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About Roseneath 4811

The size of Roseneath is approximately 10.7 square kilometres. The population of Roseneath in 2016 was 154 people. By 2021 the population was 127 showing a population decline of 17.5% in the area during that time. The predominant age group in Roseneath is 60-69 years. Households in Roseneath are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Roseneath work in a community and personal service occupation.In 2021, 78.10% of the homes in Roseneath were owner-occupied compared with 79.70% in 2016.

Roseneath has 175 properties. Over the last 5 years, Houses in Roseneath have seen a 92.61% increase in median value. As at 31 March 2026:

  • The median value for Houses in Roseneath is $543,920.
There are currently 2 properties listed for sale, and 1 property listed for rent in Roseneath on OnTheHouse. According to Cotality's data, 6 properties were sold in the past 12 months in Roseneath.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.