Jones Real Estate and Stonebridge Property Group Bring Landmark Metro Service Centre to Market

Jones Real Estate and Stonebridge Property Group are pleased to present the 7-Eleven Epping Service Centre, a premium investment opportunity in Melbourne’s northern growth corridor. Strategically positioned at the high-profile intersection of O’Herns Road and Edgars Road, this prime asset is supported by long-term net leases to global tenants 7-Eleven, Starbucks, and Oporto.

The investment offers long-term security, with 12 and 13-year net leases in place for all three blue-chip tenants. The property generates an attractive net income of $762,000 per annum plus GST, underpinned by a weighted average lease expiry (WALE) of 11.7 years, providing strong financial returns for investors.

Located on a substantial 5,624 sqm corner site at a key arterial intersection, the asset benefits from a Comprehensive Development zoning, ensuring ongoing commercial appeal. The property features state-of-the-art infrastructure, having been constructed in 2024, and offers significant depreciation benefits. The 7-Eleven component includes four pump islands, eight fuel terminals, and an advanced underground fuel delivery system, enhancing its operational efficiency.

The service centre is positioned in the City of Whittlesea, one of Australia’s fastest-growing municipalities, which is projected to experience a 56.27% population increase by 2041. This strong demographic growth further reinforces the long-term viability of the asset.

Tim Spargo, Director at Jones, highlighted the strength of the opportunity in today’s market. “High-performing retail assets like the 7-Eleven Epping Service Centre continue to attract investor interest due to their resilience and secure income streams. Despite broader market challenges, assets with strong tenant covenants and prime locations remain highly sought after.”

Kevin Tong, Partner at Stonebridge, expects the listing to generate significant demand. “We anticipate strong interest from both onshore and offshore investors, given the asset’s prime location, established tenancy profile, and long-term income security. The combination of these factors makes this an exceptional opportunity in the current market.”

This landmark metro service centre presents an outstanding opportunity for investors seeking a secure, high-yielding asset in a thriving metropolitan precinct.

For more information, visit https://www.realcommercial.com.au/for-sale/property-7-eleven-service-centre-epping-181-o-herns-road-epping-vic-3076-504812808.