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

  • Shop & Retail
  • 265 m²
  • For Sale, EOI closing Friday 27th June at 3pm

High Profile Fast Food Investment - Leased to Global Tenant.

    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
    lou@crsproperty.com.au

    Ross Mercorillo
    0418 227 354
    ross@crsproperty.com.au

    CRS Property
    CRS Property
    Level 4, 256 Queen Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area265 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020029217
    Category
    Last updated  4 Jun 2025
    Map for Unit 3, 1350 Pascoe Vale Road Coolaroo VIC 3048

    Nearest transport* to Unit 3, 1350 Pascoe Vale Road Coolaroo VIC 3048

    Bus
    Train
    Barry Rd/Pascoe Vale Rd (Coolaroo)120 m
    Pascoe Vale Rd/Taggerty Cres (Meadow Heights)132 m
    Pascoe Vale Rd/Taggerty Cres (Coolaroo)139 m
    Coolaroo Station/Pascoe Vale Rd (Coolaroo)238 m
    This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
    *Within a 4km radius
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    CRS Property
    CRS Property
    Level 4, 256 Queen Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area265 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Property ID2020029217
    Category
    Last updated  4 Jun 2025

    More about Unit 3, 1350 Pascoe Vale Road Coolaroo VIC 3048

    Unit 3, 1350 Pascoe Vale Road Coolaroo VIC 3048 is categorized as Shop & Retail Property. It has a floor area of 265 m². The listing ID for this property is 2020029217.

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