![\"\"](\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/06\/OceanGroveLifesty_32002.jpg\")
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“Brand-new large format retail investments of this quality are rarely offered to the market and we expect strong interest from high-net-worth investors and syndicators alike.”<\/p>\n
Positioned opposite the Kingston Village Shopping Centre, the property occupies a high-exposure corner of Prosperity Drive, Activity Drive and Hartwell Street within what is described as Ocean Grove’s premier retail precinct.<\/p>\n
JLL’s Stuart Taylor said the centre’s location offered substantial long-term growth potential.<\/p>\n
“Greater Geelong boasts the fastest population growth in Victoria and the second fastest in Australia, with the population forecast to grow 47 per cent to more than 441,000 by 2046,” he said.<\/p>\n
“Ocean Grove combines a thriving coastal lifestyle with deep trade catchment fundamentals \u2013 exactly the profile that drives enduring tenant and investor demand.”<\/p>\n
The development is Leading Edge Property Group’s seventh retail project in the Kingston Village precinct.<\/p>\n
“Being one of Melbourne’s strongest growing growth corridors over recent years has bolstered the appetite of national brands to not only Ocean Grove but also to the Bellarine Peninsula, which is now recognised as a true retail destination location,” Leading Edge Property Group chief executive Travis Snow said.<\/p>\n
Expressions of interest close on 9 July at 3pm.<\/p>\n","protected":false},"excerpt":{"rendered":"
A just-finished big box development in Ocean Grove has hit the market and agents are describing it as a rare opportunity with long-term potential. JLL and CRS are running the expression of interest campaign for the Ocean Grove Lifestyle Centre at 11\u201317 Prosperity Drive. The large format retail centre was completed earlier this year and […]<\/p>\n