BP Bowen – High-Yield Freehold Service Station Investment | Long-Term Lease

Address: 81-83 Herbert Street, Bowen, QLD
Price: $2,500,000 | Net Income: $166,203.69 + GST | Yield: 6.64%

Investment Overview

An exceptional opportunity to secure a high-exposure regional freehold property leased to an established BP-branded service station operator on a long-term head lease.  Located in the heart of Bowen’s commercial precinct, the property benefits from main road frontage, strong tenant covenants, and consistent customer traffic from locals, tourists, and transport operators.

Key Investment Highlights

• BP-branded service station – with an experienced operator

• 10-year head lease to April 2032 with 2 x 10-year options

• Annual increases: 2.5% or CPI (whichever is greater)

• Net rental income: $172,703.69 p.a. (ex GST)

• Outgoings: 100% paid by tenant (excluding building insurance)

• Freehold site: 2,024m² – Commercial Centre zoning (Whitsunday Regional Council)

• Modern infrastructure: updated tanks, new pipework, risers, automatic tank gauges, and recent site refurbishment

• Additional dwelling: substantial 7-bedroom residence – ideal for staff housing or short-term accommodation (subject to council approval)

 Strategic Location

Positioned on Bowen’s main arterial road, opposite the State Primary School, and close to retail, residential, and industrial zones, this property enjoys prime visibility and steady passing trade.

Bowen is the northern gateway to the Whitsundays, approximately 200 km south of Townsville and 1,100 km north of Brisbane — a region supported by strong agriculture, logistics, mining, and tourism industries.

Why Invest in Bowen

• A growing regional economy underpinned by agriculture, mining, and tourism

• Steady population growth supporting retail and fuel demand

• Ongoing infrastructure investment in the Whitsunday region

• Attractive regional yield compared to metropolitan assets

Summary

This freehold BP investment combines secure long-term income, national brand strength, and regional growth potential — an ideal addition to any property investment portfolio seeking stability and strong returns.