Description

JLL Retail Investments & CRS Property are pleased to present an exceptional opportunity to acquire Ocean Grove Lifestyle Centre, a brand-new Showroom Centre of impeccable quality underpinned by some of Australia's leading lifestyle brands including Supercheap Auto, BCF, I Love This Shop, and Anytime Fitness.

Strategically located next to Kingston Village Shopping Centre, and in one of Victoria's fastest growing municipalities – The City of Greater Geelong, the property is exposed to significant nearby retail trade on the corner of Prosperity Drive, Activity Drive and Hartwell Street.

Key Investment Highlights:

+ Anchored by ASX-listed Super Retail Group (ASX: SUL) with 100% of income derived from national and chain retailers - Supercheap Auto, BCF, I Love This Shop, and Anytime Fitness

+ Brand new lifestyle centre – 3,586sqm across four premium showrooms providing substantial tax saving depreciation benefits and minimal ongoing capex

+ Guaranteed annual income growth with 100% of tenants under fixed annual rental increases ranging from 3.00% to 3.50% each year

+ Providing strong income security, with a highly attractive 9-year WALE (by income)^

+ Ultra-high exposure 8,335sqm site with almost 262m of triple street frontage

+ Highly convenient design with direct access to 77 at-grade car parking spaces

+ Positioned within a premier retail precinct strategically located opposite Kingston Village Shopping Centre, and home to major national retailers including Woolworths, ALDI, Dan Murphy's, McDonald's and more

+ Situated in the City of Greater Geelong with population forecast to grow 47% by 2046

+ Potential for Victoria's highly favourable 50% regional stamp duty concessions

*Approx

^ As at 1 June 2026

To obtain further information or to arrange an inspection, please contact the selling agents.

JLL Agents:

Tom Noonan | 0402 319 698

Stuart Taylor | 0428 000 000

CRS Agents:

Myles Snow | 0418 314 109

Lou Montalti | 0488 553 455

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