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TOORMINA, NSW
Fully Leased Multi-Income Freehold Investment Coffs Coast
SAwtell Road, Toormina, NSW, 2452
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This property known as Boambee Service Station presents an established freehold investment opportunity positioned at 28 Sawtell Road, within the growing Coffs Coast region.Set on approximately 722m in a prominent corner position, the property combines an established service station and convenience store with a two-bedroom residence, office accommodation and external signage income, providing investors with multiple income streams from a single freehold asset.The investment is currently showing an approximate yield of 5.75%, supported by a secure lease structure with annual rental increases.The site has a remarkable history as a fuel and convenience destination, with a service station operating from the property for more than 40 years. The current business operates as Boambee Bay Service Station & General Store, continuing the property's strong connection with the surrounding community.Vendor information indicates fuel volumes of approximately 100,000 litres per month, with four pumps servicing unleaded, premium unleaded and diesel fuel. An UPSS integrity test has also been recorded as passed.Importantly for investors, this is more than a standalone service station investment. Additional residential, office and signage income provides diversification, while the underlying property sits within the established Sawtell-Boambee residential catchment and the wider high-growth Coffs Harbour region.With Coffs Harbour's population forecast to continue expanding substantially through to 2041, this represents an opportunity to acquire an established income-producing freehold property in one of NSW's key Mid North Coast regional markets.
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