CBRE from CBRE, in conjunction with CBRE, are pleased to offer to market the Bean Squeeze at Shop 1/771 – 789 Barwon Heads Road, Armstrong Creek VIC to be sold by Private Treaty.

This property has the following key investment highlights:

+ New Ten (10) Year lease to July 2033 plus Three (3) further Ten (10) Year options to July 2063
+ Bean Squeeze: a Geelong success story est. 2006 now with 16 locations and growing (1)
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings excluding single holding land tax as per the lease
+ As new construction 2023, providing significant tax saving depreciation benefits
+ Fixed, annual compounding 3% rent reviews ensuring continued income growth
+ High exposure 60sqm* corner position fronting Barwon Head Road with single lane drive thru facility and 4 on-title car spaces
+ Barwon Heads Road currently being upgraded to a 4-lane arterial connecting Geelong with Ocean Grove and Barwon Heads – with 35,000 vehicles passing daily (2)
+ Position perfect directly opposite to McDonald’s, ALDI and The Village Warralily Shopping Centre anchored by Woolworth’s and BWS, supported by 11 specialty stores (3)
+ Strategic epicentre location amongst the Harriott Estate (634 homes), Future residential site (78 homes), Nostra Homes Townhomes at Harriot, Future Childcare development and in between major connectivity links to Geelong and the Surf Coast with Surf Coast Highway and Barwon Heads Road within 1.5km* (4)
+ Surrounded by important social infrastructure including Armstrong Creek East Community Hub, Armstrong Creek Football Netball Club and 4 schools servicing 2,388 full time students (5)
+ Armstrong Creek: high-growth suburb central to Geelong, the Bellarine and the Surf Coast, with population forecast to surge over 70% to 28,315 by 2046 (6)
+ 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 (6)
+ Potential 50% Stamp Duty savings
+ Net Income: $83,897 pa* + GST

For Sale by Private Treaty.

*Approx
1 Bean Squeeze
2 Vic Big Build
3 APD Projects
4 Open Lot
5 Gapmaps
6 .id