Blue-Chip Convenience Retail Investment | New 12-Year Net Lease to 2037 plus options

Description

CBRE is pleased to offer to the market 7-Eleven at 3 Enterprise Way (Princes Highway), Waurn Ponds (Geelong) VIC for sale via Private Treaty.

This investment has the following key highlights:

+ Twelve (12) Year lease to April 2037 plus Four (4) further Five (5) Year options to April 2057
+ 7-Eleven: Australia’s #1 convenience retailer with 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC, operating 48,000+ sites globally**
+ Seven & I Holdings: Tokyo-based global retail giant, parent company of 7-Eleven, 87,000 stores worldwide, market cap of $46.45 billion AUD (4.54 tn JPY)**
+ Evie Network: Australia’s leading provider of DC fast charging infrastructure for EV’s, with 300 charging stations nationwide***
+ Evie Network: Brand new Fifteen (15) year lease to April 2040 plus One (1) further Five (5) Year option to April 2045
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ 2025 Build, offering maximum depreciation saving benefits
+ High Profile 1,767 sqm* site, with frontage and exposure to Princes Highway, servicing 238,000 vehicles weekly****
+ The site also benefits from close proximity to Geelong Ring Road (M1), a critical arterial which connects the iconic Surf Coast to metropolitan Melbourne services an additional 322,000 vehicles passing weekly****
+ Purpose-built 235 sqm* convenience retail store with major tenant funded fit out to 7-Eleven’s latest corporate design and layout
+ Situated in a brand-new convenience retail precinct, Waurn Ponds Village, surrounded by global and national leading retailers, KFC, 7-Eleven and GYG and supported by a health club and childcare centre
+ Waurn Ponds Shopping Centre: a major sub-regional centre anchored by Coles, Kmart, Target, Woolworths and Reading Cinemas, supported by 133 speciality retailers and 1,955 car parking spaces*****
+ Geelong Homemakers Centre is Waurn Ponds’ premier large-format retail hub, home to national brands like Chemist Warehouse, Fantastic Furniture, BCF, Pets Domain, Freedom, Red Rooster, and Domino’s The centre offers 403 convenient on-site parking bays for shoppers
+ Geelong: Booming growth location contributing over $15.1 billion in annual economic output, total over 31% for the region******
+ City of Greater Geelong: booming high-growth LGA, connecting Melbourne CBD to the Surf Coast, with population forecast to surge 47% to 441,984 people by 2046*******
+ Potential 50% Stamp Duty Savings
+ Estimated Net Income: $448,686 pa* + GST (as at March & April 2026)

For Sale via Private Treaty.

*Approx
**7-Eleven
***Evie Network
****Gapmaps
*****ISPT
******REMPlan
*******.id

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Contact agents
Jamie Perlinger Senior Director
0413 860 315
David Napoleone Associate Director
0417 308 067
Zomart He 何梓轩
0488 220 830
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Waurn Ponds, VIC

3 Enterprise Way

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 183

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