CBRE are pleased to offer to market Pizza Fellas, Armstrong Creek (Geelong) VIC for sale via Investment Portfolio Auction 185.

This opportunity has the following key investment highlights:

+ Ten (10) year net lease to Pizza Fellas to February 2035.
+ Two (2) further Five (5) year options to 2045.
+ Pizzafellas: Growing Victorian pizza & takeaway operator with 6 locations across Melbourne. (1)
+ Annual fixed compounding 3.5% rent increases, ensuring income growth.
+ Landlord favourable net lease terms with the tenant responsible for usual outgoings including rates & insurance premiums.
+ As new 153sqm* retail premises with a diverse food & beverage offering spanning pizza, pasta and acai.
+ As new construction offering modern infrastructure and tax depreciation benefits.
+ 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 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: $54,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 24 June 2026
Garden Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

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