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181 O'herns Road
Epping VIC 3076
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Sold on 23 Apr 2025

181 O'herns Road Epping VIC 3076

  • Shop & Retail
  • 578 m²
  • Sold

PRIME BLUE-CHIP METRO SERVICE CENTRE, NET-LEASED TO PARENT COMPANIES

    Jones Real Estate and Stonebridge Property Group are pleased to present '7-Eleven Epping Service Centre' for sale via Expressions of Interest closing on Thursday 10th April at 3pm (AEST).

    Located at the heart of Melbourne's northern growth corridor, the property is a high-profile fuel and convenience retail offering located at the intersection of key major arterials, O'Herns & Edgars Road. Underpinned by long term leases to globally recognised tenants, 7-Eleven, Oporto and Starbucks, the property offers long term fixed rental growth via fixed 3% increases.

    Key features of this investment include:

    - Long term 12 and 13-year net leases to trophy covenants 7-Eleven, Starbucks & Oporto.

    - Boasting a net income of $737,618 per annum + GST.

    - 11.7 year WALE with vendor favoured 3% fixed annual rental increases across all three tenancies.

    - High profile 5,624 sqm* landholding boasting strong corner frontage to both O'Herns and Edgars Road and is supported by Comprehensive Development Zoning.

    - The 7-Eleven component to the build features 4 pump islands and 8 fuel terminals under a high freestanding canopy, as well as state of the art underground infrastructure fuel delivery system.

    - Modern convenience retail and fast food with drive thru capabilities, built in 2024, providing significant depreciation benefits.

    - Located in one of Australia's fastest growing municipalities, the City of Whittlesea population forecast has an expected 56.27% growth by 2041.

    *Approx.

    For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

    Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

    EXPRESSION OF INTEREST

    Closing date and time10/04/2025 12:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent
    Jones Real Estate
    Jones Real Estate
    Level 13, 520 Collins Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold23 Apr 2025
    Floor Area578 m²
    Land Area5,624 m²
    ParkingAsk Agent
    Property ID2019859304
    Category
    Last updated  23 Apr 2025
    Map for 181 O'herns Road Epping VIC 3076

    Nearest transport* to 181 O'herns Road Epping VIC 3076

    Bus
    Train
    Tram
    Ferry
    Rockfield St/Edgars Rd (Epping)678 m
    Edgars Rd/Rockfield St (Epping)682 m
    O'Herns Rd/Manor House Dr (Epping)894 m
    Wuchatsch Ave/Manor House Dr (Epping)898 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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    Jones Real Estate
    Jones Real Estate
    Level 13, 520 Collins Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold23 Apr 2025
    Floor Area578 m²
    Land Area5,624 m²
    ParkingAsk Agent
    Property ID2019859304
    Category
    Last updated  23 Apr 2025

    Co-Agents

    Rorey James
    Stonebridge Property Group VIC
    Call
    +61 439 400 081
    Kevin Tong 汤聪瑜
    Stonebridge Property Group VIC
    Call
    +61 422 848 818

    More about 181 O'herns Road Epping VIC 3076

    181 O'herns Road Epping VIC 3076 is categorized as Shop & Retail Property. It has a floor area of 578 m² and a land area of 5,624 m². The listing ID for this property is 2019859304.

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