A strategically located Service Centre in Perth’s South, securely leased to national tenants, is set to attract significant interest from local, national, and international buyers as it formally enters the market this week.

Situated at 1602 Pinjarra Road, Pinjarra, the centre boasts high-profile tenants including United Petroleum, Chicken Treat, Anytime Fitness, and Croc’s Playcentre. These tenants benefit from long-term secure leases, fixed annual rental growth, and substantial street exposure to major arterial road network on Pinjarra Road, which sees over 16,500 vehicles passing daily.

The Pinjarra Service Centre spans an 18,066m2* site along Pinjarra Road, offering an impressive 11+ year WALE (by Area) and significant depreciation benefits.

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

Mr Cash said “For investors, the service station and convenience store sector in Western Australia continues to offer a strategic blend of an essential service with income security, reliable cashflow and an investment with a high underlying land value. The asset class is highly regarded for their reliability, given the robust tenancy mix, strong tenant covenants, long lease terms, and substantial depreciation allowances.”

“Our recent experience in Western Australia, has yielded strong investor enquiry for these assets when offered via a comprehensive and robust Expression of Interest marketing campaign. This strategic approach has enhanced the potential for achieving a superior outcome in the sale of this asset class,” Mr Cash added.

Mr Austen added, “The Pinjarra Service Centre presents an exceptional opportunity for investors to acquire a strategically positioned asset along a major arterial road, providing excellent convenience for the surrounding catchment and passing traffic.”

“Investors are attracted to long-term leases of 12-15 years with guaranteed fixed annual rental growth. Additionally, purchasing newly built developments such as Pinjarra Service Centre provides depreciation benefits, which can be advantageous during tax time to investors” Mr Austen concluded.

The property is being offered for sale via ‘Expressions of Interest,’ closing on Thursday, 3rd April 2025 at 3:00pm (AWST). 

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