381 Chapman Road, Bluff Point, WA 6530 | Commercial for sale | OnTheHouse
 
FOR SALE
$2.6 million - Ono

381 Chapman Road
Bluff Point WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 170m2
Land area: 2727m2
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Fully Refurbished Service Station Investment - Geraldton WA

Description
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381-385 Chapman Road, Bluff Point presents an exceptional investment opportunity in the heart of Geraldton.
Recently refurbished with a $2 million upgrade, this high-performing service station is secured by a 12-year lease to Petro Fuels, a proven multi-site operator with 15+ WA locations.
Featuring brand new double-skinned tanks with 30-year warranties and plans to expand the storage capacity to 130,000 litres, the site is trading strongly with growing volumes since reopening.
Surrounded by schools and positioned on a major arterial road, the property offers long-term security, minimal capex exposure, and significant depreciation benefits.
Key Features
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• Secure Long-Term Lease - 12 years + 6 x 5-year options to established operator Petro Fuels.
• High-Quality Infrastructure - $2m refurbishment, brand new tanks, PVC lines, and forecourt works.
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Property Details for 381 Chapman Rd, Bluff Point

Building Type
Commercial
Floor Size
170m2
Land Size
2727m2
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About Bluff Point 6530

The size of Bluff Point is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.8% of total area. The population of Bluff Point in 2016 was 1346 people. By 2021 the population was 1381 showing a population growth of 2.6% in the area during that time. The predominant age group in Bluff Point is 60-69 years. Households in Bluff Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bluff Point work in a professional occupation.In 2021, 63.60% of the homes in Bluff Point were owner-occupied compared with 57.50% in 2016.

Bluff Point has 779 properties. Over the last 5 years, Houses in Bluff Point have seen a 145.24% increase in median value, while Units have seen a 112.45% increase. As at 31 October 2025:

  • The median value for Houses in Bluff Point is $559,586 while the median value for Units is $364,728.
  • Houses have a median rent of $548 while Units have a median rent of $450.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Bluff point on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Bluff point.

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Elliot Kidd
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Stephen Kidd
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Ray White Metro North
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