Burgess Rawson is pleased to offer to the market Starbucks at 4 Enterprise Way (Princes Highway), Waurn Ponds (Geelong) VIC for sale via our Investment Portfolio Auction 181.

This investment has the following key highlights:

+ Twelve (12) Year lease to April 2037 plus Four (4) further Five (5) Year options to April 2057
+ Starbucks: The world’s largest coffee chain with over 38,000 stores across 80 countries with 402,000 employees globally**
+ Landlord-favourable, set-and-forget net lease structure with tenant responsible for all usual outgoings (excluding land tax) as per the lease (capped at $20,000 and indexed by 3% from Year 1 to Year 5, then cap is removed)
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ 2025 Build, offering maximum depreciation saving benefits
+ Strategically positioned 1,314 sqm* site, with frontage and exposure to Princes Highway, servicing 238,000 vehicles weekly***
+ The site also benefits from close proximity to Geelong Ring Road (M1), a critical arterial which connects the iconic Surf Coast to metropolitan Melbourne services an additional 322,000 vehicles passing weekly***
+ Immaculate brand-new 180 sqm* fast food restaurant with major tenant funded fit out to Starbucks’ latest corporate design and layout
+ Important single lane wrap-around drive-thru with 7 on-title car spaces
+ Situated in a brand-new convenience retail precinct, Waurn Ponds Village, surrounded by global and national leading retailers, KFC, 7-Eleven and GYG and supported by a health club and childcare centre
+ Waurn Ponds Shopping Centre: a major sub-regional centre anchored by Coles, Kmart, Target, Woolworths and Reading Cinemas, supported by 133 speciality retailers and 1,955 car parking spaces****
+ Geelong Homemakers Centre is Waurn Ponds’ premier large-format retail hub, home to national brands like Chemist Warehouse, Fantastic Furniture, BCF, Pets Domain, Freedom, Red Rooster, and Domino’s The centre offers 403 convenient on-site parking bays for shoppers
+ Geelong: Booming growth location contributing over $15.1 billion in annual economic output, total over 31% for the region*****
+ City of Greater Geelong: booming high-growth LGA, connecting Melbourne CBD to the Surf Coast, with population forecast to surge 47% to 441,984 people by 2046******
+ Potential 50% Stamp Duty Savings
+ Estimated Net Income: $245,465 pa* + GST (as at April 2026)

For Sale via Investment Portfolio Auction 181
10:30am AEDT Wednesday 10 December 2025
The River Room, Crown Casino, Melbourne

*Approx
**Starbucks
***Gapmaps
****ISPT
*****REMPlan
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