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The Reject Shop, 6-10 Activity Drive
Ocean Grove VIC 3226
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The Reject Shop, 6-10 Activity Drive Ocean Grove VIC 3226

  • Shop & Retail
  • 652 m²
  • Commercial Auction

Land Tax Recoverable Investment Leased to ASX Listed Tenant

  • Recently Built in 2025
  • Strong Depreciation Benefits
  • 50% Stamp Duty Concessions

Stonebridge Property Group and CRS Commercial are pleased to present 'The Reject Shop Ocean Grove' for sale via National Portfolio Auction on Wednesday 21st May 2025 at 10am (AEST).

The key highlights of the opportunity include:

- Brand new 6.25 year net lease plus one further 5 year option to 2036 with 3% fixed annual increases

- The Reject Shop an ASX-listed retailer operating since 1981, with 390+ locations nationally

- 652 sqm* freestanding building completed in 2025 offering generous open floor retail spaces and major depreciation benefits

- Strategically located adjacent Kingston Village Shopping Centre home to Woolworths, Aldi, Dan Murphy's and McDonald's

- City of Greater Geelong Victoria's fastest growing regional city with forecasted 47.46% population growth by 2046

- Net Lease - Tenant pays all usual outgoings including Rates, Insurance and Land Tax

- Net Income $187,000 pa* + GST

'The Reject Shop Ocean Grove' is offered for sale via National Portfolio Auction on Wednesday 21st May 2025 at 10am (AEST).

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

Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818

Max Sinclair
0458 269 293

CRS Commercial:

Myles Snow
0418 314 109

Lou Montalti
0488 553 455

Property Code: 1268

Auction date and time21/05/2025 10:00
Auction locationThe Reject Shop, 6-10 Activity Drive, Ocean Grove VIC
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Floor Area652 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019949723
Category
Last updated  24 Apr 2025
Map for The Reject Shop, 6-10 Activity Drive Ocean Grove VIC 3226

Nearest transport* to The Reject Shop, 6-10 Activity Drive Ocean Grove VIC 3226

Bus
Train
Tram
Ferry
Kingston Village Square Shopping Centre/Grubb Rd (Ocean Grove)134 m
Kingston Village Square Shopping Centre/Grubb Rd (Ocean Grove)190 m
Empress Bvd/Grubb Rd (Wallington)857 m
Empress Bvd/Grubb Rd (Wallington)946 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Floor Area652 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019949723
Category
Last updated  24 Apr 2025

Co-Agents

Kevin Tong 汤聪瑜
Stonebridge Property Group VIC
Call
+61 422 848 818
Max Sinclair
Stonebridge Property Group VIC
Call
0458 269 293

More about The Reject Shop, 6-10 Activity Drive Ocean Grove VIC 3226

The Reject Shop, 6-10 Activity Drive Ocean Grove VIC 3226 is categorized as Shop & Retail Property. It has a floor area of 652 m². The listing ID for this property is 2019949723.

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