Service Station, Freehold and Business
Great opportunity to acquire corner service station site and business in one transaction.
Situated between Griffiths and Turton Road. This property is located in a busy thriving area close to hospital and university. The property has been renovated and approved with the workshop being converted to a larger convenience store. New petrol pumps along with new computer/cash regsiter network has been installed. This prominent corner location is ideal for use as existing service station or re-development. Property and business can be sold on a WIWO basis and vendor is negotiable.
The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2016 was 4491 people. By 2021 the population was 4927 showing a population growth of 9.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation.In 2021, 49.40% of the homes in Waratah were owner-occupied compared with 48.80% in 2016.
Waratah has 2,448 properties. Over the last 5 years, Houses in Waratah have seen a 67.53% increase in median value, while Units have seen a 49.88% increase. As at 31 December 2025:
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