Sold

381 Chapman Road,
Bluff Point 6530, Western Australia

6 car spaces
2,727m² land size
170m² building size
Retail

$2,450,000


Property details

Fully Refurbished Service Station Investment - Geraldton WA

Description
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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.


Key Features
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• 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.


Please contact Stephen Kidd for further information on 0413 550 474.



Search Keywords (SEO)
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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

Explore the area


School catchments

  • Bluff Point Primary School Primary K-6 Government 0.20km
  • St Lawrence's Primary School Primary PP-6 Catholic 0.33km
  • Meekatharra School Of The Air Primary K-6 Government 0.40km
  • Geraldton Grammar School Combined PP-12 Independent 2.5km
  • Allendale Primary School Primary K-6 Government 2.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


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