- 17 sites sprawled Across Australia have hit the market as Ampol Petroleum undergoes mass sales
- Properties can be purchsed in one line or individually
- Expressions of Interest close Wednesday 16th November 2022.
Australian petroleum company, Ampol, has announced that it will take to the market a number of sites across Australia in a portfolio comprising a total of over 100,000m2.
The portfolio, which will be marketed through an expression of interest campaign, consists of 17 sites. It comes following 14 fuel stations being operated by their competitors also recently went to market.
Located across the country, the collection of sites includes six landholdings in South Australia, four in New South Wales, three in Victoria, two in Queensland, and one in Western Australia and Tasmania.
Many sites in the portfolio are located in regional centres. The portfolio includes mixed-use or industrial zonings with sites ranging in size from 734m2 to 45,820m2.
The sale will be managed by Colliers. Portfolio managers, Matthew Meynell and Jordan McConnell have commented that historically these unique development opportunities have been well received by the market given their versatility and ability to acquire at scale.
“With a significant decentralisation having taken place across many traditional metropolitan markets post Covid-19, interest in prominent regional centres has become ever more sought-after as these economies continue to strengthen,” Mr Meynell said.
“We continue to witness increased levels of demand for defensive “set and forget” style investments which can be developed and even managed remotely.”
Jordan McConnell, Colliers Director
Key offerings include a 1,571m2 mixed-use site in Launceston and an 11,256m2 industrial depot in Shepparton.
The sites are available collectively in one line, individually or in tranches and will be offered to the market for sale via Expressions of Interest closing Wednesday 16th November 2022.
