Red Rooster 1855-1875 Ferntree Gully Road,
Ferntree Gully, VIC 3156
Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Red Rooster 1855-1875 Ferntree Gully Road
Ferntree Gully, VIC 3156
Map
FREEHOLD FAST FOOD DRIVE-THRU INVESTMENT
- Renewed 10 year net lease to 2035
- Craveable Brands 580 Restaurants
- Attractive CPI Annual Reviews
CBRE is offering for sale an outstanding opportunity to acquire a metropolitan freestanding fast food investment, leased to one of Australia’s most recognised and longstanding businesses.
Freestanding fast food assets are highly sought after and seldom found, with the unique opportunity comprising a 1,880sqm* landholding in the area’s main retail catchment.
Red Rooster Ferntree Gully provides investors with the opportunity to break into the tightly held metropolitan fast food investment class and we highlight several key attributes below:
+ Recently renewed 10 year net lease extension to 2035 plus options
+ 100% leased to Red Rooster: an established fast food retailer forming part of the Craveable Brands network with over 580 restaurants across Australia
+ Desirable net lease structure and annual CPI rent increases
+ Long history of on-site tenure with Red Rooster trading for over 29 years
+ High exposure 1,880sqm* C1Z freehold landholding with drive-thru + ample on-site parking
+ Multiple points of access via Ferntree Gully Road and Burwood Highway, plus pylon signs on both arterials and traffic lights located at the Ferntree Gully Road entrance, ensuring easy access from customers in all directions
+ Excellent visibility to 30,000*^ vehicles passing daily via key east-west arterial
+ Thriving area endorsed by national retailers nearby such as Coles, Woolworths, AMPOL, 7-Eleven, Officeworks, Petbarn, Snooze, McDonald’s, Ford, Jeep, Nissan and Autobarn
+ Located in the established municipality of Knox, 27km* from the Melbourne CBD and servicing a catchment over 160,000 residents**
Red Rooster Ferntree Gully is available for sale via on-site public auction Thursday 14th November at 12:30pm (AEDT).
Please contact CBRE for more information and to organise an inspection of the property.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
* Denotes Approx.
^ VIC Roads
** Location ID
Freestanding fast food assets are highly sought after and seldom found, with the unique opportunity comprising a 1,880sqm* landholding in the area’s main retail catchment.
Red Rooster Ferntree Gully provides investors with the opportunity to break into the tightly held metropolitan fast food investment class and we highlight several key attributes below:
+ Recently renewed 10 year net lease extension to 2035 plus options
+ 100% leased to Red Rooster: an established fast food retailer forming part of the Craveable Brands network with over 580 restaurants across Australia
+ Desirable net lease structure and annual CPI rent increases
+ Long history of on-site tenure with Red Rooster trading for over 29 years
+ High exposure 1,880sqm* C1Z freehold landholding with drive-thru + ample on-site parking
+ Multiple points of access via Ferntree Gully Road and Burwood Highway, plus pylon signs on both arterials and traffic lights located at the Ferntree Gully Road entrance, ensuring easy access from customers in all directions
+ Excellent visibility to 30,000*^ vehicles passing daily via key east-west arterial
+ Thriving area endorsed by national retailers nearby such as Coles, Woolworths, AMPOL, 7-Eleven, Officeworks, Petbarn, Snooze, McDonald’s, Ford, Jeep, Nissan and Autobarn
+ Located in the established municipality of Knox, 27km* from the Melbourne CBD and servicing a catchment over 160,000 residents**
Red Rooster Ferntree Gully is available for sale via on-site public auction Thursday 14th November at 12:30pm (AEDT).
Please contact CBRE for more information and to organise an inspection of the property.
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
* Denotes Approx.
^ VIC Roads
** Location ID
Property ID: 504710580Last Updated: 21 Nov 2024
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from CBRE - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
1021 Burwood Highway,Ferntree Gully, VIC 3156 550 m²Shops & Retail • Development Sites & Land
Contact Agent
Cash Converters 321 Lonsdale Street (Cnr Scott Street),Dandenong, VIC 3175 700 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
Coles & Kmart Boronia Cnr Floriston Rd & Chandler Rd,Boronia, VIC 3155 10124 m²Shops & Retail