Investors re-fuel with Queensland petrol stations

first_imgFuel isn’t the only commodity with prices on the rise in Queensland, with a lack of supply putting petrol stations in investors’ sights.More than 60 investors showed interest in a Freedom Fuels petrol station at Redbank Plains, a suburb in Brisbane’s south west, which sold under the the hammer at a Colliers International auction for $3.95 million to a Newcastle-based private investor.Colliers International’s Richard Blanch and Hunter Higgins say the property at 181 Kruger Parade, which was sold on behalf of syndicator OzProp, attracted interest from both local and interstate groups.Read the full story on Commercial NewsMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agolast_img read more