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CBRE - VIC

Red Rooster 231-233 Ferntree Gully Road (Cnr Stephensons Road) Mount Waverley, VIC 3149

Red Rooster 231-233 Ferntree Gully Road (Cnr Stephensons Road),
Mount Waverley, VIC 3149

Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land

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CBRE - VIC
Nathan Mufale
Jing Jun Heng 王敬君
Scott Hawthorne

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
Red Rooster 231-233 Ferntree Gully Road (Cnr Stephensons Road)
Mount Waverley, VIC 3149

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FREEHOLD FAST FOOD INVESTMENT ON DOMINANT CORNER LANDHOLDING

  • Expansive site of 2,473sqm*
  • 154m* of triple street frontage
  • Exposure to over 40,000*^ cars daily
CBRE is offering for sale Red Rooster Mount Waverley, representing an opportunity to acquire a substantial corner landholding in one of metropolitan Melbourne’s most highly trafficked thoroughfares.

+ Occupied by longstanding tenant Red Rooster for over 40 years

+ No further options in the lease, providing flexibility to capitalise on the exposure and prominence of the site

+ The upcoming lease expiry with no further options provides complete control to the incoming purchaser, providing the flexibility to re-lease, occupy or develop (STCA)

+ Corner landholding of 2,473sqm* and ample on-site parking

+ 154m* of triple street frontage and multiple points of ingress and egress

+ Excellent visibility to over 40,000*^ vehicles passing daily on Ferntree Gully and Stephensons Roads

+ Located in the established City of Monash one of the most populous municipalities in Victoria with a population of 203,560** residents and just 17km* from the Melbourne CBD

+ Only 2 minutes from the Monash Freeway (900 m*)

+ Within the Monash Employment and Innovation Cluster, surrounded by multiple national and international employers including CSIRO, Monash University and Monash Health

Red Rooster Mt Waverley is for sale via expressions of interest. Please contact CBRE for more information and to organise an inspection of the property.

Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 1... (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

* Denotes Approx.
^ VIC Roads
** Location ID

Mount Waverley, 3149 demographic data

The median household income for Mount Waverley is $2,066, 9% higher than Greater Melbourne's household income of $1,901. Mount Waverley has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 42% of property owners in Mount Waverley have a mortgage.

35,340
Population
$2,066 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

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