3 Dawson HighwayWest Gladstone QLD 4680
Property Details for 3 Dawson Hwy, West Gladstone
Last Listing description (April 2023)
Dewe Doyle Commercial, are pleased to present a fantastic investment opportunity to acquire the Viva Energy Service Station in Gladstone, for sale via Expressions of Interest closing at 1pm on Thursday 29th September 2022
The property has the following key features:
High profile fuel and convenience freehold investment with important tax depreciation benefits + development upside through surplus land and Drive Thru Restaurant provisions already in place
Viva Energy, blue chip $4.68 billion ASX 200 Company and Shell's Australian Licensee, 1,350 retail sites
Viva Energy: Long Term 12 year lease to 2031 plus options to 2051
Tenant pays outgoings as per the lease
Favourable CPI annual rent reviews (most recent annual review was a rental increase of 5.1%)
Near new construction provided significant tax saving depreciation benefits
Additional income from Paradise Outdoor Advertising 10 year licence agreement to 2030 + option
Development Upside - Huge land holding of 3,629sqm, including undeveloped surplus land of 952sqm
Substantial 160m frontage to the Dawson Highway one of Gladstone's arterial roads connecting the CBD to Gladstone Airport & Retail Hub including Stockland Shopping Centre
Gladstone Region, Major City in north Queensland with population of over 64,000 and forecast to grow to 75,327 by 2041. Home to Queensland's largest multicommodity port. Gross Regional Product of $5.35 Billion
Net income: $336,220 pa + GST
*All figures approximate
The Investment is For Sale via Expressions of Interest closing 1pm on Thursday 29th September 2022.
Please contact the exclusively appointed Dewe Doyle Commercial property professionals for more information.
Property History for 3 Dawson Hwy, West Gladstone, QLD 4680
- 02 Apr 2026Sold for $5,940,000
- 31 Aug 2022Listed for Sale FOR SALE VIA EXPRESSIONS OF INTEREST
- 21 Feb 2020Sold for $5,000,000
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0About West Gladstone 4680
The size of West Gladstone is approximately 7.1 square kilometres. There are 16 parks, covering nearly 14.1% of the total area. The population of West Gladstone in 2016 was 4728 people. By 2021 the population was 4844 showing a population growth of 2.4% in the area during that time. The predominant age group in West Gladstone is 50-59 years. Households in West Gladstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Gladstone work in a trades occupation.In 2021, 53.10% of the homes in West Gladstone were owner-occupied compared with 55.40% in 2016.
West Gladstone has 2,848 properties. Over the last 5 years, Houses in West Gladstone have seen a 102.47% increase in median value, while Units have seen a 113.86% increase. As at 31 July 2026:
- The median value for Houses in West Gladstone is $532,005 while the median value for Units is $355,527.
- Houses have a median rent of $500 while Units have a median rent of $400.
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