21 Ingham RoadWest End QLD 4810
Property Details for 21 Ingham Rd, West End
Last Listing description (December 2022)
+ Secure 18-year net lease 2035 plus 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
+ Strong and certain rental growth with annual, fixed compounding 3% increases
+ Pending major tenant funded rebrand to Caltex Australia scheduled for 2023
+ High profile 2,705 sqm* site with rare dual access from Ingham Road and Sturt Street, the main arterial roads in Townsville CBD linking Townsville's Airport and Airforce base
+ Opposite $60.5 million Weststate Private Hospital (under construction) to be completed by mid-2023, the new hospital will create 180 new full-time jobs***
+ Strategically located within the thriving Townsville retail precinct, with Castletown Shopping World, City Arcade Shopping Mall, and national retailers such as Woolworths, Officeworks, Supercheap Auto and KFC all within 2km*
+ Surrounded by important social infrastructure, including 11 schools within 3km servicing 6,094 full-time students****
+ 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: $405,746 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
***Weststate
****GapMaps
*****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 21 Ingham Rd, West End, QLD 4810
- 07 Oct 2022Listed for Sale Price on Request
- 02 Aug 2017Sold for $5,380,000
- 22 Feb 2016Listed for Sale For Sale by EOI closing 4pm 15 March 2016
Recent sales nearby
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0About West End 4810
The size of West End is approximately 3.1 square kilometres. It has 13 parks covering nearly 17.0% of total area. The population of West End in 2016 was 4064 people. By 2021 the population was 3891 showing a population decline of 4.3% in the area during that time. The predominant age group in West End is 30-39 years. Households in West End are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West End work in a professional occupation.In 2021, 46.00% of the homes in West End were owner-occupied compared with 45.60% in 2016.
West End has 2,617 properties. Over the last 5 years, Houses in West End have seen a 116.67% increase in median value, while Units have seen a 105.16% increase. As at 31 March 2026:
- The median value for Houses in West End is $652,119 while the median value for Units is $449,455.
- Houses have a median rent of $550 while Units have a median rent of $420.
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