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Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041

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Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041
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Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041

Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041

Properties / Buy / Victoria / Strathmore
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Retail/Shopping Centre
Land Area
4,161 m² (*approx)
Zoning
Mixed Use Zone (MUZ)
Selling Method
Private Sale: EOI closed - please contact agents
DOCUMENTS AVAILABLE
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2. Property Highlights

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.

EOI closed - please contact agents for further information.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom

1. Property Summary

Property Type
Commercial
Sub-type
Retail/Shopping Centre
Land Area
4,161 m² (*approx)
Zoning
Mixed Use Zone (MUZ)
Selling method
Private Sale: EOI closed - please contact agents
DOCUMENTS AVAILABLE
Gain Access

2. Property Highlights

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.

EOI closed - please contact agents for further information.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
Stephen Bolton
Stephen Bolton
+61 *** *** *** show +61 419 323 997
Message Message
+61 419 323 997 stephen.bolton@savills.com.au Message
Rick Silberman
Rick Silberman
+61 *** *** *** show +61 432 831 511
Message Message
+61 432 831 511 rsilberman@savills.com.au Message
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4. Property Location

Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041

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5. Market Intelligence Report

Developments and amenities within a 5km radius of the asset.

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Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, VIC 3041 Strathmore
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Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
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Stephen Bolton
Stephen Bolton
+61 *** *** *** show +61 419 323 997
Rick Silberman
Rick Silberman
+61 *** *** *** show +61 432 831 511
Enquire