Starbucks Waurn Ponds (Geelong), 1 Enterprise Way, Grovedale, Vic 3216

Stonebridge Property Group is pleased to present for sale Starbucks Waurn Ponds (Geelong).

The key highlights of the opportunity include:

   -  Brand new 12 year net lease to 2037 plus options to 2057 with fixed 3% annual rent increases

   -  Starbucks - The world’s largest and most recognisable coffee chain with 32,000+ stores located across 80+ countries

   -  Key 1,314 sqm* corner site forming part of the high profile Waurn Ponds Village adjacent a 7-Eleven Service Centre, KFC and Guzman y Gomez restaurants and Viva Leisure Centre

   -  State-of-the-art drive thru outlet recently developed in 2025 offering highly favourable depreciation benefits

   -  Valuable, high-exposure position fronting major arterials - the Princes Highway and Geelong Ring Road off-ramp - with a combined 60,000 vehicles passing daily*

   -  Prime retail location surrounded by the Waurn Ponds Shopping Centre, Waurn Ponds Plaza, Geelong Homemaker Centre, Bunnings Warehouse & Deakin University

   -  City of Greater Geelong – the second largest Victorian city and fastest growing Victorian regional city with forecasted 47.46% growth by 2046^

   -  Estimated Net income $236,000 pa* + GST

 To obtain further information, or arrange an inspection please contact the exclusive selling agents, Stonebridge Property Group.

*Approximately
^Location ID

Property Code: 1263