11-17 Prosperity DriveOcean Grove VIC 3226
Property Details for 11-17 Prosperity Dr, Ocean Grove
Last Listing description (July 2026)
JLL Retail Investments & CRS Property are pleased to present an exceptional opportunity to acquire Ocean Grove Lifestyle Centre, a brand-new Showroom Centre of impeccable quality underpinned by some of Australia's leading lifestyle brands including Supercheap Auto, BCF, I Love This Shop, and Anytime Fitness. Strategically located next to Kingston Village Shopping Centre, and in one of Victoria's fastest growing municipalities The City of Greater Geelong, the property is exposed to significant nearby retail trade on the corner of Prosperity Drive, Activity Drive and Hartwell Street. Key Investment Highlights: + Anchored by ASX-listed Super Retail Group (ASX: SUL) with 100% of income derived from national and chain retailers - Supercheap Auto, BCF, I Love This Shop, and Anytime Fitness + Brand new lifestyle centre 3,586sqm across four premium showrooms providing substantial tax saving depreciation benefits and minimal ongoing capex + Guaranteed annual income growth with 100% of tenants under fixed annual rental increases ranging from 3.00% to 3.50% each year + Providing strong income security, with a highly attractive 9-year WALE (by income)^ + Ultra-high exposure 8,335sqm site with almost 262m of triple street frontage + Highly convenient design with direct access to 77 at-grade car parking spaces + Positioned within a premier retail precinct strategically located opposite Kingston Village Shopping Centre, and home to major national retailers including Woolworths, ALDI, Dan Murphy's, McDonald's and more + Situated in the City of Greater Geelong with population forecast to grow 47% by 2046 + Potential for Victoria's highly favourable 50% regional stamp duty concessions *Approx ^ As at 1 June 2026 To obtain further information or to arrange an inspection, please contact the selling agents. JLL Agents: Tom Noonan | 0402 319 698 Stuart Taylor | 0428 000 000 CRS Agents: Myles Snow | 0418 314 109 Lou Montalti | 0488 553 455 Anchored by ASX listed Super Retail Group Prime 8 , 335sqm landholding Highly attractive 9-year WALE (by income)
Property History for 11-17 Prosperity Dr, Ocean Grove, VIC 3226
- 10 Jun 2026Listed for Sale Not Disclosed
- 07 Apr 2022Sold for $3,850,770
Recent sales nearby
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About Ocean Grove 3226
The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.
Ocean Grove has 11,903 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
- The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
- Houses have a median rent of $650 while Units have a median rent of $560.
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