154 Main Street, Kawungan, QLD, 4655

Colliers are proud to present to market 154 Main Street, Kawungan (Hervey Bay) for sale.

The offering is an exceptional, modern service station investment underpinned by a strong national covenant and long-term income security.

Strategically positioned on one of Hervey Bay’s busiest arterial roads, this high-profile asset benefits from outstanding visibility, ease of access via separate ingress and egress points and is located less than 500 metres* from Stockland’s Hervey Bay Shopping centre and Bunnings.

Leased to Pearl Energy until 2034 with options extending until 2049, the property delivers a stable income stream providing strong annual growth and the ability to add value with an existing DA approval for an additional 148m²* of retail NLA.

Key Investment Highlights:

- Substantial 3,496m²* freehold site offering easy access to and from Main Street with secondary access via Richard Charles Drive

- Improved with a modern 8 bay service station plus 172m²* retail shop providing substantial depreciation benefits

- Net income of $373,619.01 p.a.*

- Long 8.5-year WALE

- Secure national tenant – Pearl Energy. A rapidly growing name in the retail fuel industry with an extensive network exceeding 170 locations

- Fixed 3% annual rent increases

- Prominent high-traffic location with excellent exposure and surrounded by major national retailers and key infrastructure.

The property is ideally located opposite “The Bay” LFR Centre and in close proximity to Stockland Hervey Bay, as well as leading brands including Bunnings, Dan Murphy’s, Anaconda, The Good Guys and Spotlight.

This is a rare opportunity to secure a premium service station investment offering both immediate income security and future development potential in a tightly held, high growth market.

For Sale by Public Auction In Rooms | AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney on Tuesday 16 June 2026 at 10.30am.

For further information or to arrange an inspection, please contact the exclusive agents Mark Wollin, Reff Sykes or Nick Dowling.

Remember to mention you found this property on CommercialReady