Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048

LATEST
Retail
EOI closing Friday 27th June at 3pm
EOI closing Friday 27th June at 3pm
Published on: 30 May 2025
Last updated on: 30 May 2025
Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
+12
Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
  • 12
Property ID: 504873280
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Key property information

Zoning
General Residential Zone (GRZ)
Floor Area
265.00 m2
Tenure Type
vacant

High Profile Fast Food Investment - Leased to Global Tenant.

Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
CRS Property is pleased to present this exceptional investment opportunity via Expression of Interest, closing Friday, 27th June at 3:00pm.

Strategically positioned in one of Melbourne's fastest-growing municipalities-Hume City-this rare, trophy asset offers secure income underpinned by two globally recognised brands: Starbucks and 7-Eleven.

The Key highlights of the opportunity include:

•	Modern, freestanding drive-thru restaurant with premium fit-out and on-site carparking spaces.
•	Fully leased to Starbucks - the world's largest coffee chain with 32,000+ stores across 80+ countries and 2024 global revenue of $36.2 billion
•	10 + 5 + 5 + 5 + 5 year lease commencing May 2018
•	Estimated net annual income of $240,196 per annum + GST + statutory outgoings
•	Anchored by adjoining 7-Eleven petrol station and convenience store
•	High-profile corner location at Barry Rd & Pascoe Vale Rd, approx. 17 km from Melbourne CBD
•	Prime location surrounded by major retail hubs including Roxburgh Village, Broadmeadows Central  and Campbellfield Plaza
•	Strong exposure to high traffic volumes and close proximity to Melbourne Airport
•	Hume City Council, this is the fifth largest and seventh fastest growth area across Victoria, with forecasted population by 2046 to grow by almost 150,000 people.

This is a premium retail freehold investment offering long-term income security and strong tenant covenant, ideally suited to institutional and private investors alike.

Expressions of Interest closing Friday, 27th June at 3:00pm

For further information or to arrange an inspection, please contact the exclusive selling agents:
Lou Montalti 
0488 553 455
[email protected]

Ross Mercorillo
0418 227 354
[email protected]

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Address
Unit 3, 1350 Pascoe Vale Road, Coolaroo, Vic 3048
Lou Montalti
Lou Montalti
Ross Mercorillo
Ross Mercorillo
Level 4, 256 Queen Street, Melbourne, Vic 3000
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Lou Montalti
Lou Montalti
Ross Mercorillo
Ross Mercorillo
Level 4, 256 Queen Street, Melbourne, Vic 3000
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      Property ID: 504873280

      Original Property ID: 504873280
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