Back to previous step
Description
______________
381-385 Chapman Road, Bluff Point presents an exceptional investment opportunity in the heart of Geraldton. Recently refurbished with a $2 million upgrade, this high-performing service station is secured by a 12-year lease to Petro Fuels, a proven multi-site operator with 15+ WA locations. Featuring brand new double-skinned tanks with 30-year warranties and plans to expand the storage capacity to 130,000 litres, the site is trading strongly with growing volumes since reopening. Surrounded by schools and positioned on a major arterial road, the property offers long-term security, minimal capex exposure, and significant depreciation benefits.
Expressions of Interest close 10th October 2025 at 3:00 pm.
Key Features
______________
• Secure Long-Term Lease - 12 years + 6 x 5-year options to established operator Petro Fuels.
• High-Quality Infrastructure - $2m refurbishment, brand new tanks, PVC lines, and forecourt works.
• Massive Storage Capacity - 60,000L underground tank - Plans to add a further above ground 70,000 L tank - being installed by tenant at tenant cost.
• Prime Location - Prominent Geraldton arterial with 11,300 vehicles daily and strong catchment demographics.
• Future Upside - Additional adjoining lot provides scope for future residential or commercial development.
• Tenant Strength - Backed by 15+ operating sites, personal guarantees, and a security bond.
• Strong Net Income - $164,600 p.a. net with 3% annual increases + market reviews at option.
Please contact Stephen Kidd for further information on 0413 550 474.
Search Keywords (SEO)
______________
WA fuel investment, Geraldton commercial property, regional WA service station, retail fuel investment, high yield commercial asset WA, coastal WA property investment, long term leasehold WA, Petro Fuels tenant property, Geraldton service station sale, investment property WA
Remember to mention you found this property on CommercialReady
Description
______________
381-385 Chapman Road, Bluff Point presents an exceptional investment opportunity in the heart of Geraldton. Recently refurbished with a $2 million upgrade, this high-performing service station is secured by a 12-year lease to Petro Fuels, a proven multi-site operator with 15+ WA locations. Featuring brand new double-skinned tanks with 30-year warranties and plans to expand the storage capacity to 130,000 litres, the site is trading strongly with growing volumes since reopening. Surrounded by schools and positioned on a major arterial road, the property offers long-term security, minimal capex exposure, and significant depreciation benefits.
Expressions of Interest close 10th October 2025 at 3:00 pm.
Key Features
______________
• Secure Long-Term Lease - 12 years + 6 x 5-year options to established operator Petro Fuels.
• High-Quality Infrastructure - $2m refurbishment, brand new tanks, PVC lines, and forecourt works.
• Massive Storage Capacity - 60,000L underground tank - Plans to add a further above ground 70,000 L tank - being installed by tenant at tenant cost.
• Prime Location - Prominent Geraldton arterial with 11,300 vehicles daily and strong catchment demographics.
• Future Upside - Additional adjoining lot provides scope for future residential or commercial development.
• Tenant Strength - Backed by 15+ operating sites, personal guarantees, and a security bond.
• Strong Net Income - $164,600 p.a. net with 3% annual increases + market reviews at option.
Please contact Stephen Kidd for further information on 0413 550 474.
Search Keywords (SEO)
______________
WA fuel investment, Geraldton commercial property, regional WA service station, retail fuel investment, high yield commercial asset WA, coastal WA property investment, long term leasehold WA, Petro Fuels tenant property, Geraldton service station sale, investment property WA
Remember to mention you found this property on CommercialReady
Yield Calculator
Yield Calculator
