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

Stonebridge Property Group is pleased to present Starbucks Waurn Ponds (Geelong) for sale via National Portfolio Auction on Wednesday 21 May 2025 at 10am (AEST).

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