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Savills Retail Investments, as exclusive agents, are pleased to present for sale Red Rooster Gladstone Park, offered to market for the first time in 31 years.
This minimal management, standalone investment, occupies a high-profile position along busy Mickleham Road and represents a rare opportunity underpinned by strong investment fundamentals and immediate value-add potential.
Key investment highlights include:
• Secured by a Head Office ‘net’ lease to Red Rooster Foods Pty Ltd
• Significant rental reversion potential, with current rent well below market (no cap and collar)
• Longstanding Red Rooster drive-through restaurant with on-site parking for 18 vehicles
• Lease expiry and market review: 3 October 2026, with 3 further 5-year options
• Excellent exposure to approximately 25,000 cars passing daily and surrounded by complementary retail and fast-food operators
• Net Income: $112,073 p.a. (Oct 25’)
*Approximate
For Sale by Expressions of Interest closing Thursday 11 September at 4pm.
For further information please contact:
Rick Silberman - 0432 831 511
Stephen Bolton - 0419 323 997
Remember to mention you found this property on CommercialReady
Savills Retail Investments, as exclusive agents, are pleased to present for sale Red Rooster Gladstone Park, offered to market for the first time in 31 years.
This minimal management, standalone investment, occupies a high-profile position along busy Mickleham Road and represents a rare opportunity underpinned by strong investment fundamentals and immediate value-add potential.
Key investment highlights include:
• Secured by a Head Office ‘net’ lease to Red Rooster Foods Pty Ltd
• Significant rental reversion potential, with current rent well below market (no cap and collar)
• Longstanding Red Rooster drive-through restaurant with on-site parking for 18 vehicles
• Lease expiry and market review: 3 October 2026, with 3 further 5-year options
• Excellent exposure to approximately 25,000 cars passing daily and surrounded by complementary retail and fast-food operators
• Net Income: $112,073 p.a. (Oct 25’)
*Approximate
For Sale by Expressions of Interest closing Thursday 11 September at 4pm.
For further information please contact:
Rick Silberman - 0432 831 511
Stephen Bolton - 0419 323 997
Remember to mention you found this property on CommercialReady
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