950 Bridge Inn RoadDoreen VIC 3754
Property Details for 950 Bridge Inn Rd, Doreen
Last Listing description (May 2026)
JLL Retail Investments are pleased to offer for sale United Convenience Centre Doreen, a strategically located convenience retail centre, within one of metropolitan Melbourne's fastest growing residential corridors. This investment comprises a flagship United Petroleum service station and convenience store, complemented by two established takeaway food tenancies - Doreen Noodle Bar and Lilydale Free Range Roast Chicken, providing investors with a diversified income stream. The property is set on a high-profile 2,820sqm* corner landholding, comprising a significant 130m total frontage to Bridge Inn and Yan Yean Road, currently being transformed by an $88M Gov funded expansion - set to materially increase traffic volumes and accessibility for the centre. Key Investment highlights: + Anchored by United Petroleum Australia's leading independent fuel and convenience operator with 500+ sites nationally+ Diversified income with leases to three tenants, providing strong resilience across convenience retail, and takeaway food categories + Landlord favourable NET lease structures with all tenants responsible for all outgoings, excluding land tax+ Strong guaranteed rental growth with 3.0%3.5% fixed annual increases, and United Petroleum delivering fixed reviews throughout all option periods+ Modern convenience retail centre across 2,820sqm Mixed Use Zoned corner with a significant 130m total frontage to major arterials Yan Yean and Bridge Inn roads. + Transformative $88M Yan Yean Road Upgrade Stage 2 currently under construction - part of the $3.14B Suburban Roads Program, including a new signalised intersection and 4 lane duplication at the assets frontage+ Prominent corner position on Bridge Inn Road the principal east-west arterial servicing the rapidly expanding Doreen/Mernda/Yarrambat catchment with 24,000+ daily passing vehicles+ Located in the City of Whittlesea one of Victoria's fastest growing municipalities, forecast to grow by 55.6% (+128,883 residents) by 2041+ Doreen: Only 27km from Melbourne CBD with 27,000+ population and +24% median house price growth since 2021+ Net Income: $463,571 pa + GST* (as at August 2026)*ApproxFor sale by Expressions of Interest closing Thursday 4th June 2026 at 4:00pm (AEST)To obtain further information or to arrange an inspection, please contact the selling agents:Romanor Falconer | 0400 757 171 | romanor.falconer@jll.com Dominic McGrath | 0416 440 525 | dominic.mcgrath@jll.com Leased to United Petroleum & 2 takeaway food retailersStrategic 2,820sqm corner site & 130m total frontageNET lease structures & fixed 3-3.5% annual rent increases
Property History for 950 Bridge Inn Rd, Doreen, VIC 3754
- 07 May 2026Listed for Sale Not Disclosed
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About Doreen 3754
The size of Doreen is approximately 32.4 square kilometres. It has 96 parks covering nearly 7.9% of total area. The population of Doreen in 2016 was 21298 people. By 2021 the population was 27122 showing a population growth of 27.4% in the area during that time. The predominant age group in Doreen is 0-9 years. Households in Doreen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Doreen work in a professional occupation.In 2021, 77.30% of the homes in Doreen were owner-occupied compared with 76.10% in 2016.
Doreen has 11,960 properties. Over the last 5 years, Houses in Doreen have seen a 22.27% increase in median value, while Units have seen a 30.90% increase. As at 30 April 2026:
- The median value for Houses in Doreen is $874,512 while the median value for Units is $597,072.
- Houses have a median rent of $570 while Units have a median rent of $483.
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