A securely leased petrol station and convenience store situated in Perth’s Northern growth corridor is expected to attract strong amounts of interest from local, national, and international buying groups when it formally hits the market this week. 

Located at 2 Abello Boulevard, Jindalee the BP leased property possesses a strong tenant covenant, long secure lease, fixed annual rental growth and significant street exposure to the busy Marmion Avenue with over 34,500* passing vehicles daily.

BP Jindalee represents the first ground lease service station to be marketed since early 2022. The property is leased to global giant BP who have over 1,400 stores nationwide.

Colliers State Chief Executive, Richard Cash and Executive of Investment Services, Aidan Austen have been exclusively appointed to sell the property. 

Mr Cash said “BP Jindalee is a rare opportunity for the retail investment market to purchase a blue chip tenant covenant by way of ground lease”

Mr Austen said “With 8 Service Stations transacting in 2024 combining for a total value over $46,160,000, we expect the strong demand to continue in the sales campaign of BP Jindalee.”   

The property is offered for sale via ‘Expressions of Interest” closing Thursday 6th March 2025 at 3:00pm (AWST) and launched to market this week. 

Related readings

Colliers facilitates landmark $35M+ sale in North Bendigo

Bendigo Healthcare 120 apartment Residential Village for sale - Colliers 

Exclusive freehold office building Adelaide for sale - Colliers