Service Station News & Market Trends

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.

Investor demand for essential services properties remains at record levels despite the Greater Sydney coronavirus lockdown, with buyers snapping up more than $90 million in COVID-proof assets at auction.

Private investors are scrambling to secure essential services properties able to trade during COVID-19 lockdowns, ahead of a $65 million portfolio auction.