Service Station News & Market Trends

With a secure income stream, long-term leases and well-located sites, petrol stations have become the hot ticket for investors as they capitalise on new players in the market and growth in the sector.

The humble petrol station is set to be transformed as the number of electric cars on Australian roads climbs to an estimated 1.7 million by 2030.

Private and institutional investors alike continue to be wooed by the alternative income streams offered by commercial property. This interest has translated into record enquiry numbers for Burgess Rawson’s 150th portfolio auction.

The service station site has been tightly held for years and will be hotly contested by investors looking for a safe haven for their cash.

The hunger investors have for ‘safe harbour’ assets has been evident throughout 2021 and is expected to be on show again in Burgess Rawson’s December portfolio auctions, which include 15 fuel and convenience assets and 13 childcare investments across metropolitan and regional Australia.

Investors looking for certainty and good returns as the country emerges from extended COVID lockdowns are turning their attention to essential services in the suburbs.

As states emerge from lockdowns and Australia prepares to open its borders, bullish investors are clambering for prized assets. Burgess Rawson expects this sentiment to drive its November portfolio auction skywards.

COVID-busting businesses including small retail sites, childcare centres, medical facilities and service stations have powered almost $190 million in auction sales across Australia’s three largest cities.

Investors have shrugged off COVID lockdowns at a $76 million auction, with a pub, Hungry Jack’s and Bridgestone tyre outlet setting records.