1500 Pascoe Vale Road, Coolaroo, VIC 3048

Offices | Retail | Hotel/Leisure

For Sale or Lease $145,000 - $894,000

  • Property ID: 299543
  • Floor Area: 26m² - 968m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
  • Cafes: 20+ nearby
Components

Name Naber's Floor Land Price Rental (p.a.)
Office - Ground Suite 1 N/A 188m2 N/A $752,400 $54,000
Office - Ground Suite 2 N/A 197m2 N/A $789,600 $56,500
Office - Ground Suite 4 N/A 223m2 N/A $894,000 $64,000
Office - Lvl 1 Suite 101 N/A 63m2 N/A $260,000 $18,500
Office - Lvl 1 Suite 107 N/A 27m2 N/A $145,000 $10,500
Office - Lvl 1 Suite 109 N/A 47m2 N/A $208,000 $15,000
Office - Lvl 1 Suite 110 N/A 55m2 N/A $235,000 $16,500
Office - Lvl 1 Suite 111 N/A 88m2 N/A $350,000 $24,500
Office - Lvl 1 Suite 112 N/A 40m2 N/A $185,000 $13,000
Office - Lvl 1 Suite 113 N/A 40m2 N/A $185,000 $13,000
Office - Lvl 1 Suite 115 N/A 45m2 N/A $207,500 $14,500
Office - Lvl 1 Suite 116 N/A 48m2 N/A $210,000 $15,000
Office - Lvl 1 Suite 117 N/A 48m2 N/A $210,000 $15,000
Office - Lvl 2 Suite 201 N/A 63m2 N/A $265,000 $19,000
Office - Lvl 2 Suite 202 N/A 55m2 N/A $240,000 $17,000
Office - Lvl 2 Suite 206 N/A 72m2 N/A $295,000 $21,000
Office - Lvl 2 Suite 208 N/A 27m2 N/A $150,000 $10,500
Office - Lvl 2 Suite 210 N/A 47m2 N/A $213,000 $15,000
Office - Lvl 2 Suite 211 N/A 55m2 N/A $240,000 $17,000
Office - Lvl 2 Suite 212 N/A 88m2 N/A $355,000 $25,000
Office - Lvl 2 Suite 213 N/A 40m2 N/A $190,000 $13,500
Office - Lvl 2 Suite 214 N/A 40m2 N/A $190,000 $13,500
Office - Lvl 2 Suite 216 N/A 45m2 N/A $212,500 $15,000
Office - Lvl 2 Suite 217 N/A 48m2 N/A $215,000 $15,500
Office - Lvl 2 Suite 218 N/A 48m2 N/A $215,000 $15,500
Office - Lvl 2 Suite 219 N/A 54m2 N/A $231,800 $16,500
Office - Lvl 3 Half Floor N/A 430m2 N/A N/A $116,100
Office - Lvl 3 Qtr Floor N/A 215m2 N/A N/A $64,500
Office - Lvl 3 Suite 301 N/A 100m2 N/A N/A $28,500
Office - Lvl 3 Suite 302 N/A 201m2 N/A N/A $57,285
Office - Lvl 3 Suite 303 N/A 222m2 N/A N/A $64,000
Office - Lvl 3 Suite 304 N/A 267m2 N/A N/A $75,600
Office - Lvl 3 Suite 305 N/A 178m2 N/A N/A $50,730
Office - Lvl 3 Whole Floor N/A 968m2 N/A N/A $237,160
Office - Lvl 4 Half Floor N/A 430m2 N/A N/A $116,100
Office - Lvl 4 Qtr Floor N/A 215m2 N/A N/A $64,500
Office - Lvl 4 Suite 401 N/A 100m2 N/A N/A $28,500
Office - Lvl 4 Suite 402 N/A 201m2 N/A N/A $57,285
Office - Lvl 4 Suite 403 N/A 222m2 N/A N/A $64,000
Office - Lvl 4 Suite 404 N/A 267m2 N/A N/A $76,950
Office - Lvl 4 Suite 405 N/A 178m2 N/A N/A $50,730
Office - Lvl 4 Whole Floor N/A 968m2 N/A N/A $237,160
Restricted Retail - Showroom 1 N/A 847m2 N/A N/A $144,000
Restricted Retail - Showroom 2 N/A 830m2 N/A N/A $141,000
Restricted Retail - Showroom 3 N/A 813m2 N/A N/A $139,000
Restricted Retail - Showroom 4 N/A 788m2 N/A N/A $134,000
Restricted Retail - Showroom 5 N/A 750m2 N/A N/A $128,000
Restricted Retail - Showroom 6 N/A 692m2 N/A N/A $118,000
Retail - Cafe 1 N/A 214m2 N/A N/A $74,900
Retail - Cafe 2 N/A 220m2 N/A N/A $77,000
Retail - Cafe Combined N/A 410m2 N/A N/A $143,500
Tenancy 1 N/A 70m2 N/A N/A $29,400
Tenancy 10 N/A 130m2 N/A N/A $53,300
Tenancy 2 N/A 63m2 N/A N/A $26,460
Tenancy 3 N/A 58m2 N/A N/A $24,360
Tenancy 4 N/A 145m2 N/A N/A $58,000
Tenancy 5 N/A 82m2 N/A N/A $28,700
Tenancy 6 N/A 82m2 N/A N/A $28,700
Tenancy 7 N/A 82m2 N/A N/A $28,700
Tenancy 8 N/A 330m2 N/A N/A $99,000
Tenancy 9 N/A 110m2 N/A N/A $45,100
Sold / Leased Results

Name Result Date Floor Land Result Price
Office - Lvl 2 Suite 204 Sold 12/03/2019 26m2 N/A $137,500
Office - Lvl 2 Suite 209 Sold 20/02/2019 33m2 N/A $160,000
Office - Lvl 1 Suite 108 Sold 11/12/2018 33m2 N/A $150,000
Office - Lvl 1 Suite 105 Sold 20/08/2018 72m2 N/A $285,000
Office - Lvl 2 Suite 203 Sold 20/08/2018 34m2 N/A $160,000
The Complete Commercial & Retail Hub

Construction has now commenced with completion expected in December 2019 for the newest commercial complex in Coolaroo.

CVA Property Consultants are pleased to present 1500 Pascoe Vale Road, an exciting brand new development that will offer a versatile and diverse range of accommodation for specialised retail, restricted showroom, offices, child care and medical uses.

Stage 1 of the development has attracted national retailers in BP, Bridgestone, Burger Edge and Oporto who have already commenced trading.

Featured Spaces

5 Level Office Building
- Ground floor to Level 2 - suites available from 26m2* - 223m2*
- Lease price range from $10,300.00 p.a. - $64,000.00 p.a.
- Sale price range from $142,500.00 - $894,000.00

- Level 3 - Level 4
- Spaces ranging from 100m2* - 968m2*

Retail & Medical Suites
- 10 tenancies ranging from 58m2* - 330m2*
- Lease price range from $24,360.00 p.a. - $99,000.00 p.a.
- 2 cafes (can be leased as one space) from 214m2* - 434m2*
- Retail cafe spaces from $74,900.00 - $151,900.00

Restricted Retail/Showroom
- 6 retail spaces available that can be leased individually or combined
- Individual spaces ranging from 692m2* - 847m2*
- Lease price range from $118,000.00 p.a. - $144,000.00 p.a.

Boasting unprecedented exposure with frontage of 500m* to Pascoe Vale Road, this highly accessible location carries 38,000* vehicles daily. Bordering Campbellfield’s established industrial precinct and the highly populated residential catchment areas of Meadow Heights and Roxburgh Park, 1500 Pascoe Vale Road is located centrally to major freeways, transport services and shopping and retail precincts;

Proximity to Freeways & Highways;
- Less than 3km* from Hume Highway
- Less than 8.5km* from the Metropolitan Ring Road and associated arterials
- Less than 6.5km* to the Hume Freeway
- Less than 5.5km* to the Western Ring Road

Proximity to Transport Services
- 1km* from Roxburgh Train Station
- 1.5km* from Coolaroo Train Station
- 541 and 901 bus route at doorstep of development
- 13.5km* to Melbourne Airport

Proximity to Shopping & Retail Centres;
- 1km* from Roxburgh Park Village
- 4.5km* from Broadmeadows Central
- 1.1km* from Roxburgh Park Hotel

Major occupiers within the immediate vicinity include;
- Aldi and Coles
- McDonalds, Red Rooster and KFC
- K-Mart, Big W and Spotlight
- JB-Hi-Fi, Price Line, My Chemist, Hairhouse Warehouse and Hoyts
- Visy Industries and Australia Post Somerton Business Hub
- Coles Distribution Centre

Additional Information
Features
  • Availability: Early 2020
  • Zoning: Commercial 2
  • Lease Term: Long Term leases preferred
  • Rent Review: Neg
  • Car Spaces: Over 450 common car spaces onsite
  • Condition: Excellent
  • Air Conditioning: Yes in offices
  • Roller Doors: Yes to rear of showrooms
  • Floors: Carpet/Tiles/Concrete
  • Lifts: Access in office and child care
  • Height: 2.7-3.0 metres offices, 5.5-8 metres in showrooms
  • Age: New
  • Car Parking Fees: No
Outgoings
  • Water Rates: TBA
  • Land Tax: TBA
  • Council Rates: TBA
  • Owners Corp. / Insurance: TBA
  • Other Charges: TBA
Coolaroo Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4440 $304 6.85%
Industrial $1088 $152 13.95%
Offices $4440 $304 6.85%
This is the average advertised price, rent and yield for Coolaroo, VIC 3048*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

CVA Property Consultants

18-20 Russell Street, Melbourne, VIC 3000

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 1500 Pascoe Vale Road, Coolaroo, VIC 3048. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • Disclaimer - We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
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