540A Torquay Road, Armstrong Creek, VIC 3217 sold on 29 April 2026 | OnTheHouse
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Sold on 29 Apr 2026 - Price Unavailable

540A Torquay Road
Armstrong Creek VIC 3217

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3417m2
Sold By
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JLL - Melbourne
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Property Details for 540a Torquay Rd, Armstrong Creek

Building Type
Commercial
Land Size
3417m2
Local Government
Greater Geelong
Lot/Plan
RES1/PS837887

Last Listing description (June 2026)

JLL Retail Investments in conjunction with CBRE are pleased to present for sale 7-Eleven & Red Rooster Armstrong Creek. A newly constructed, blue-chip convenience retail centre, positioned at the entrance to the Armstrong Creek Town Centre precinct and key gateway location to the Great Ocean Road and Geelong, Victoria's 2 nd largest city.This expansive 3,417sqm landholding fronts the Surf Coast Highway with 39,000+ daily passing vehicles. The property offers long-term net lease structures to two leading Australian retail tenants providing unrivalled income security and fixed rental growth.Key details of the investment include:+ 14-year lease to 7-Eleven: Australia's #1 convenience, 760+ stores, recently purchased for $1.71B by 7-Eleven International LLC with 48,000+ sites globally.+ 10-year lease to Red Rooster with 360+ stores and part of the Craveable Brands network with over 600 restaurants across Australia.+ Expansive 3,417 sqm triple-fronted landholding in the heart of the Armstrong Creek Town Centre Precinct.+ Surrounded by the Coles anchored HomeCo Shopping Centre, HMC Capitals new $45m Woolworths, McDonald's, KFC, Dan Murphy's, and future LFR and QSR projects under planning and/or in construction.+ Directly fronting Torquay Road (Surf Coast Highway) with over 39,000 vehicles passing daily.+ Strong fixed 3% annual rent increases and rare fixed $10,000 pa rent increases (years 2-5) with 3.5% annually thereafter.+ Armstrong Creek: a rapidly expanding residential and commercial location only 8.5km from Geelong CBD, with population surging 60% since 2021 and forecast to grow an additional 56%+ by 2046.+ Near-new build providing strong tax saving depreciation benefits+ Potential 50% Stamp Duty savings+ Dual net income: $516,839 pa + GST (as at 30 June 2026).To obtain further information or to arrange an inspection, please contact the selling agents.JLL:Romanor Falconer | 0400 757 171Dominic McGrath | 0416 440 525Tom Noonan | 0402 319 698Stuart Taylor | 0428 000 000Long leases to 7-Eleven & Red RoosterTriple-fronted 3,417sqm site exposed to 39,000 VPDStrong Rental Increases & 50% Stamp Duty Savings

Property History for 540a Torquay Rd, Armstrong Creek, VIC 3217

A timeline of how this property has performed in the market
Last Sold
29 Apr 2026
  • 29 Apr 2026
    Sold
  • 19 Mar 2026
    Listed for Sale Not Disclosed
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About Armstrong Creek 3217

The size of Armstrong Creek is approximately 18.7 square kilometres. There are 2 parks, covering nearly 6.0% of the total area. The population of Armstrong Creek in 2016 was 4247 people. By 2021 the population was 11247 showing a population growth of 164.8% in the area during that time. The predominant age group in Armstrong Creek is 30-39 years. Households in Armstrong Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Armstrong Creek work in a professional occupation.In 2021, 64.10% of the homes in Armstrong Creek were owner-occupied compared with 73.10% in 2016.

Armstrong Creek has 11,311 properties. Over the last 5 years, Houses in Armstrong Creek have seen a 9.20% increase in median value, while Units have seen a -8.65% decrease. As at 31 May 2026:

  • The median value for Houses in Armstrong Creek is $739,672 while the median value for Units is $650,053.
  • Houses have a median rent of $545 while Units have a median rent of $530.
There are currently 130 properties listed for sale, and 31 properties listed for rent in Armstrong creek on OnTheHouse. According to Cotality's data, 984 properties were sold in the past 12 months in Armstrong creek.

Suburb Insights for Armstrong Creek 3217

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.