Description

JLL Retail Investments are pleased to offer for sale ‘7-Eleven, Aspendale Gardens’, a premier convenience retail investment situated in metropolitan Melbourne’s affluent south-east Bayside corridor, only 25km* from the CBD.

Underpinned by a land-rich 5,126sqm landholding, the site comprises 145m of frontage to Wells and Springvale Roads, one of south-east Melbourne’s busiest intersections with 50,000+ vehicles passing daily.

Key Investment Highlights:

+ 10-year NET lease to June 2031 with 2 further 5-year options

+ Income secured by blue-chip global covenant - 7-Eleven: Australia’s #1 convenience retailer with a 760+ store network in Australia and operating 48,000+ sites globally.

+ Irreplaceable 5,126sqm corner freehold with 145m of prime frontage to Wells and Springvale Road’s, two important arterial road links acting as a key gateway to Melbourne, the south-east and renowned Mornington Peninsula.

+ Flagship 275sqm convenience store, with the fit-out designed to the latest 7-Elevens corporate standards.

+ Fixed 3% annual rent increases and the tenant responsible for all usual outgoings excl land tax.

+ Surrounded by Australia’s leading retailers, McDonald’s, KFC, GYG and directly opposite to the new Woolworths supermarket under construction

+ South-east suburbs set to benefit: $30B Government funded Suburban Rail Loop East will connect the south-east segment from Cheltenham to Box Hill.

+ The City of Kingston: $14.23B economy supporting 95,000 local jobs and serving as a major manufacturing and employment powerhouse with population forecast to grow 15% to 192,026 residents by 2046.

+ Aspendale Gardens: Bayside suburb, 25km from the Melbourne CBD anchored by elite educational institutions including Haileybury College nearby.

+ Estimated Net income:$398,931 pa + GST* (as at July 2026).

*Approx

To obtain further information, please contact the exclusive selling agents JLL below:

Romanor Falconer | 0400 757 171 | Romanor.Falconer@jll.com

MingXuan Li 李名轩 | 0498 688 998 | MingXuan.Li@jll.com

Dominic McGrath | 0416 440 525 | Dominic.McGrath@jll.com

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