Added 2 days ago
Red Rooster Pascoe Vale, 504 Pascoe Vale Road,
Strathmore, VIC 3041
Shops & Retail
Added 2 days ago
Price information
Sale
via EOI closing 2pm (AEST), Wednesday 31 July 2024
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
Red Rooster Pascoe Vale, 504 Pascoe Vale Road
Strathmore, VIC 3041
Map of Red Rooster Pascoe Vale, 504 Pascoe Vale Road
Train stations within 5 km of Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041 Distance Pascoe Vale Station 383 m Oak Park Station 1.3 km Strathmore Station 1.6 km Glenbervie Station 2 km Glenroy Station 2.8 km POWERED BY HERE ©Tram stops within 5 km of Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041 Distance 46-Lincoln Rd/Mt Alexander Rd (Essendon) 2.1 km 48-Service St/Keilor Rd (Essendon North) 2.2 km 45-Glass St/Mt Alexander Rd (Essendon) 2.2 km 45-Bell St/Melville Rd (Pascoe Vale South) 2.2 km 44-Thorn St/Mt Alexander Rd (Essendon) 2.3 km POWERED BY HERE ©Bus stops within 5 km of Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041 Distance Pascoe Vale Station/Railway Pde (Pascoe Vale) 392 m Loch CresNapier St 507 m Lebanon StFenacre St 577 m Northumberland Rd/Gaffney St (Pascoe Vale) 660 m Loch CresFenacre St 666 m POWERED BY HERE ©
POWERED BY HERE ©
Rarely Offered Fast-food Investment on Substantial Landholding
- Expansive site of 4,161sq m*
- Highly desirable Mixed-use Zone
- Securely leased to Red Rooster H/O
Savills Retail Investments are excited to offer for sale Red Rooster Pascoe Vale, an outstanding fast-food investment on substantial landholding offered for the first time in 40 years.
Key investment highlights:
- Drive-thru & dine-in Red Rooster restaurant with onsite car parking for 33 vehicles
- Exceptional value-add potential with confirmed interest from multiple national retailers to co-locate
- Head Office lease, expiring 31 December 2026 plus 1 x 5-year option
- Important Mixed-Use zoning providing significant scope for higher density development
- Excellent transport amenity with Immediate access to M2 Freeway and Pascoe Vale Station
- High exposure corner site with 19,000* vehicles passing daily and combined frontage of 150 metres*
- Rent: $188,359pa* plus GST & outgoings
*Approx.
For Sale by Expressions of Interest (EOI) closing 2:00pm (AEST) Wednesday 31 July 2024.
Key investment highlights:
- Drive-thru & dine-in Red Rooster restaurant with onsite car parking for 33 vehicles
- Exceptional value-add potential with confirmed interest from multiple national retailers to co-locate
- Head Office lease, expiring 31 December 2026 plus 1 x 5-year option
- Important Mixed-Use zoning providing significant scope for higher density development
- Excellent transport amenity with Immediate access to M2 Freeway and Pascoe Vale Station
- High exposure corner site with 19,000* vehicles passing daily and combined frontage of 150 metres*
- Rent: $188,359pa* plus GST & outgoings
*Approx.
For Sale by Expressions of Interest (EOI) closing 2:00pm (AEST) Wednesday 31 July 2024.
Property ID: 504628048Last Updated: 1 Jul 2024
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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