Service Station News & Market Trends

Service station news, insights & industry trends.

Caltex to sell $1bn share in 250 service station sites
News
Caltex to sell $1bn share in 250 service station sites
Caltex plans to embark on a $1 billion property float made up of a half-stake in 250 of its retail sites as it seeks to tap investors chasing yield against the backdrop of low global interest rates.
Western Sydney servo to buck development trend
News
Western Sydney servo to buck development trend
Plumpton’s 7-Eleven petrol station is up for auction with a price expectation of between $6.5 million and $7 million.
Auction lights up as 28 properties change hands
News
Auction lights up as 28 properties change hands
Burgess Rawson has celebrated one of the most successful Portfolio Auctions in the agency’s history, selling $135.28 million worth of commercial property in one day.
Fifteen 7-Eleven stores sold in $78m auction bonanza
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Fifteen 7-Eleven stores sold in $78m auction bonanza
One of the year’s most significant retail property offerings has achieved a stunning result, with a huge portfolio of 7-Eleven fuel convenience outlets selling at a Burgess Rawson auction event.
Two Gladesville servos to make way for apartments
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Two Gladesville servos to make way for apartments
Two popular petrol stations on Victoria Road at Gladesville are set to be transformed into residential developments as part of a major sell-off by leading fuel supplier Caltex.
Thirteen servos and convenience stores snapped up in $75m spree
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Thirteen servos and convenience stores snapped up in $75m spree
Listed property investors have endorsed the mantra of “convenience retail” that is being hailed as one path for the under-pressure industry.
Fifteen 7-Elevens among ‘best ever’ Portfolio Auction
News
Fifteen 7-Elevens among ‘best ever’ Portfolio Auction
Could this be commercial property agency Burgess Rawson’s most impressive Portfolio Auction lineup ever? With more than 30 properties to be auctioned in Melbourne and Sydney on Wednesday, October 30, including a string of 15 …
Sydney petrol pumps making way for apartments
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Sydney petrol pumps making way for apartments
Forget pumping petrol, a raft of service station owners are pumping up the profits by selling their land to developers.
Caltex to sell three inner-Sydney sites in huge portfolio
News
Caltex to sell three inner-Sydney sites in huge portfolio
Caltex intends to sell three inner west service stations as part of a plan to offload 50 properties across Australia.
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