381 Chapman Road, Bluff Point, WA 6530 sold on 13 December 2025 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 13 Dec 2025 for $2,450,000

381 Chapman Road
Bluff Point WA 6530

Bedrooms: -
Bathrooms: -
Car spaces: 6
Floor area: 122m2
Land area: 2727m2
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Property Details for 381 Chapman Rd, Bluff Point

Building Type
Commercial
Year Built
1960
Floor Size
122m2
Land Size
2727m2
Local Government
Greater Geraldton
Lot/Plan
1/D041712

Last Listing description (May 2026)

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.
• Massive Storage Capacity - 60,000L underground tank - Plans to add a further above ground 70,000 L tank - being installed by tenant at tenant cost.
• Prime Location - Prominent Geraldton arterial with 11,300 vehicles daily and strong catchment demographics.
• Future Upside - Additional adjoining lot provides scope for future residential or commercial development.
• Tenant Strength - Backed by 15+ operating sites, personal guarantees, and a security bond.


Please contact Stephen Kidd for further information on 0413 550 474.



Search Keywords (SEO)
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WA fuel investment, Geraldton commercial property, regional WA service station, retail fuel investment, high yield commercial asset WA, coastal WA property investment, long term leasehold WA, Petro Fuels tenant property, Geraldton service station sale, investment property WA

Property History for 381 Chapman Rd, Bluff Point, WA 6530

A timeline of how this property has performed in the market
Last Sold
$2,450,000
13 Dec 2025
  • 13 Dec 2025
    Sold for $2,450,000
  • 03 Sep 2025
    Listed for Sale UNDER CONTRACT
  • 12 Jun 2023
    Listed for Sale $790,000
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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 111.26% increase in median value, while Units have seen a 127.71% increase. As at 30 April 2026:

  • The median value for Houses in Bluff Point is $602,831 while the median value for Units is $389,713.
  • Houses have a median rent of $523 while Units have a median rent of $450.
There are currently 5 properties listed for sale, and 1 property 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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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.