Red Rooster 1855-1875 Ferntree Gully Road Ferntree Gully VIC 3156

CBRE is offering for sale an outstanding opportunity to acquire a metropolitan freestanding fast food investment, leased to one of Australia's most recognised and longstanding businesses.

Freestanding fast food assets are highly sought after and seldom found, with the unique opportunity comprising a 1,880sqm* landholding in the area's main retail catchment.

Red Rooster Ferntree Gully provides investors with the opportunity to break into the tightly held metropolitan fast food investment class and we highlight several key attributes below:

+ Recently renewed 10 year net lease extension to 2035 plus options

+ 100% leased to Red Rooster: an established fast food retailer forming part of the Craveable Brands network with over 580 restaurants across Australia

+ Desirable net lease structure and annual CPI rent increases

+ Long history of on-site tenure with Red Rooster trading for over 29 years

+ High exposure 1,880sqm* C1Z freehold landholding with drive-thru + ample on-site parking

+ Multiple points of access via Ferntree Gully Road and Burwood Highway, plus pylon signs on both arterials and traffic lights located at the Ferntree Gully Road entrance, ensuring easy access from customers in all directions

+ Excellent visibility to 30,000*^ vehicles passing daily via key east-west arterial

+ Thriving area endorsed by national retailers nearby such as Coles, Woolworths, AMPOL, 7-Eleven, Officeworks, Petbarn, Snooze, McDonald's, Ford, Jeep, Nissan and Autobarn

+ Located in the established municipality of Knox, 27km* from the Melbourne CBD and servicing a catchment over 160,000 residents**

Red Rooster Ferntree Gully is available for sale via on-site public auction Thursday 14th November at 12:30pm (AEDT).

Please contact CBRE for more information and to organise an inspection of the property.

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng ()
+61 411 059 116 ()
jj.heng@cbre.com ()
jheng1206 ()

* Denotes Approx.
^ VIC Roads
** Location ID