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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

Strathmore

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

Strathmore

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

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

Properties / Sold / Victoria / Strathmore
Tenanted Investment
Selling Method
SOLD
Selling Details
Contact agents
Land Area
4,161 m² (*approx)
Floor Area
4161 m² (*approx)
Property Type
Retail
Sub-type
Cafe/Restaurant
Terms
expiring 31 December 2026 plus 1 x 5-year option
Est. Income
$188,359 p/a
Fully Leased
Red Rooster
Car Spaces
33
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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.

 

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

504 Pascoe Vale Road Investment Summary

Property Type
Retail
Sub-type
Cafe/Restaurant
Est. Income
$188,359 p/a
Tenant
Red Rooster
Terms
expiring 31 December 2026 plus 1 x 5-year option
Land Area
4,161 m² (*approx)
Floor Area
4161 m² (*approx)
Car Spaces
33
Selling Method
SOLD
Selling Details
Contact agents

Investment 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.

 

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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

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Property Location of 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 Strathmore
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