Red Rooster Pascoe Vale, 504 Pascoe Vale Rd, STRATHMORE | Property for sale | Savills
44,788.65 sq ft(4,161 sq m)
Price on application

Red Rooster Pascoe Vale504 Pascoe Vale Rd, STRATHMORE

  • New
Retail
44,788.65 sq ft (4,161 sq m)

Key features

  • Expansive site of 4,161sq m*
  • Highly desirable Mixed-use Zone
  • Securely leased to Red Rooster H/O

Rarely Offered Fast-food Investment on Substantial Landholding

About this property

  • 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.

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest4161.00sq mNew Listing