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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

2. Property Highlights

Brand New NSW Highway Service Centre Featuring 15 Year Net Lease
  • Brand New BP Service Centre
  • 15-Year Lease, Plus Options
  • High Diesel Demand Location

Colliers are excited to offer for sale BP Highway Service Centre Parkes, which upon completion, will be strategically located along a major national transport corridor in Parkes, set to become Australia’s largest inland port and key intermodal location, with high diesel demand.

Upon completion, BP Highway Service Centre Parkes will be situated on a strategic 24,200m² site occupying a prominent corner position along the Newell Highway (Parkes Bypass) and Henry Parkes Way, capturing traffic in all directions via a four-way intersection.

The projected $31.4 billion Australian Government funded Inland Rail Project¹ will make Parkes one of the most important transport and logistics hubs in regional NSW. Upon completion, the brand-new Highway Service Centre will be underpinned by a 15-year net lease plus options to BP Australia, providing long-term security.

• Brand new 15-year net lease plus options secured by BP Australia

• Significant potential depreciation benefits, with BP subject to annual 3% fixed reviews

• Strategic location along the Newell Highway (Parkes Bypass) and Henry Parkes Way

• Intermodal location with high forecasted diesel demand in Parkes, soon to be Australia’s largest inland port

• This exciting opportunity, due to be completed in Q2 2025, is being offered for sale via pre-sale or fund-through structure

This exciting opportunity is being offered for sale via pre-sale or fund-through structure. Expressions of Interest closing 2.00pm (AEST) on Tuesday, 18 June 2024.

¹ Australian Financial Review

*approx.

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4. Property Location

BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870

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5. Due Diligence

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BP Highway Service Centre Parkes Corner of Newell Highway (Parkes Bypass) and Henry Parkes Way, Parkes, NSW, 2870 Parkes
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