Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, Vic 3041
LATEST
33|Retail
via EOI closing 2pm (AEST), Wednesday 31 July 2024
via EOI closing 2pm (AEST), Wednesday 31 July 2024
Published on: 01 Jul 2024
Last updated on: 01 Jul 2024
Property ID: 504628048
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Key property information
Land Size
4,161.00 m2
Zoning
Mixed Use Zone (MUZ)
Floor Area
4,161.00 m2
Parking Spaces
33
Tenure Type
tenanted
Rarely Offered Fast-food Investment on Substantial Landholding
Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, Vic 3041
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.
Property Details
Basic Info
Basic Info
Property Type
Retail
Listing Status
On Market
Parking Spaces
33
Land Size
4,161.00 m2
Address
Red Rooster Pascoe Vale, 504 Pascoe Vale Road, Strathmore, Vic 3041
Rick Silberman
Stephen Bolton
Contact Agent
Email enquiry to Savills - Melbourne
Rick Silberman
Stephen Bolton
Level 29, South Tower, 80 Collins Street, Melbourne, Vic 3000
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Property ID: 504628048
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