Petrol service stations are a sought-after inbestment in Australia this year, as oil sales reach $171 million as of November. This sector has traditionally been popular for local owners/investors, but bigger investment groups have become more interested due to an appealing cash flow. Examples of recent sales include the South Nowra Service Center, which was sold by hte APN group to a private investor from Sydney, with a record net yield of 5.09 per cent. Other service stations, such a newly developed one leased to chains 7-Eleven and KFC, will be auctioned off at prices above $10 million. This will become a common occurence, as larger investors plan to develop food and convenience locations around these stations.

Investors are pumped to buy service stations

    Leave a Reply

    Your email address will not be published. Required fields are marked *

Fuel Equipment Specialists © 2020 - PO Box 1020, Bungalow, 4870, Queensland, Australia | Ph: 1300 651 391 | Privacy Policy | Sitemap | WRITE FOR US