Stonebridge Property Group has successfully negotiated the sale of Ampol Burleigh Heads for $10,000,000, reflecting a 5.24% yield, following a national expressions of interest campaign that generated more than 95 enquiries and seven competitive offers.
Positioned on a substantial 10,400 sqm freehold landholding with direct access to the southbound Pacific Motorway on-ramp, the asset occupies one of the most strategically significant positions on the corridor linking Brisbane to the Gold Coast, carrying over 110,000 vehicles daily. Situated within Burleigh Heads, one of the Gold Coast’s most tightly held coastal markets, commercial freeholds of this scale and motorway exposure are rarely offered to the national market.
Underpinned by a net lease to ASX-listed Ampol, delivering $523,502 per annum with options extending to 2045, the investment offered the income security and passive nature that private investors continue to prioritise, attracting an interstate private investor following a highly competitive national campaign.
Michael Collins, Partner at Stonebridge, commented: “Despite broader market noise, this result highlights the enduring appeal of well-located fuel and convenience investments. Ampol Burleigh Heads attracted strong national interest, particularly from southern investors seeking exposure to South East Queensland, with seven competitive offers received at the close of the campaign.”
Harry Curtain, Executive at Stonebridge, added: “The campaign showed that private investors remain highly active for assets where the investment fundamentals are clear. The strongest groups were not just underwriting the current income, they were also placing significant value on the scale of the landholding, the scarcity of the location and the long-term flexibility of the site. That depth of competition ultimately translated into a very strong result for our client.”
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