Pelligra is proud to announce that the Pascoe Business Centre will soon open its doors for residents living in or around neighbouring suburbs of the City of Moreland such as Coolaroo, Roxburgh Park, Campbellfield and Meadow Heights. The Pascoe Business Centre, located on 1500 Pascoe Vale Road, Coolaroo is the North’s newest business destination. Our developers at CitiNova helped with the multi-user precinct. With only 25 minutes to the heart of the CBD, the site is at arm’s reach of existing commercial retailer Bunnings Warehouse.
Stage 1: What’s in stall?
The construction phase is making excellent progress with Stage 1 already 40% leased. The site is conveniently located near the Tullamarine freeway and nearby arterials, making it easily accessible with just 15km to the Melbourne Airport, and commuters travelling the Craigieburn railway line. As of September 2016, our tenants BP Petrol Station and Oporto restaurant have officially moved in. A vehicle Repair workshop (Bob Jane T-Mart) and a Convenience restaurant is next on the agenda.
Stage 2: It gets better
Stage 2 of the development will include Medium-sized Bulky Goods tenancies, offices for medical and health related businesses. Individual features of these retail spaces consist of:
- Medical Suites including a chiropractor, physiotherapist, dental and pharmacy
- Food & Drink
- Restricted Retail
- Office Building
- Ample car parking with a prime location to Pascoe Vale Road
The project comes after the state governments $1.8 billion pledge to improve the living conditions of the western suburbs. This multi-billion-dollar package, aims to include upgrades to the northern suburb roads in a bid to minimise congestion and accidents in Melbourne’s west.
Minister of Roads Luke Donnellan says that due to the west experiencing a growth spurt, areas including Roxburgh Park and Pascoe Vale Road will see major changes and jobs opportunities for people.
The new BP Petrol Station is already up and running and is attracting more residents than ever before, with an ongoing customer base. The BP station measures at 694 m², a large canopy consisting of six columns and 24 fuel dispensers as opposed to the 7-Eleven nearby, which has four columns. The service station is situated in an idyllic location, sitting less than 2km away from the Meadow Heights Shopping Centre and giving residents more options to choose from. Having a Bob Jane T-Marts workshop is an exceptional item for the community of Coolaroo. At 341.7 m², this exciting new store will be at the centre of all the things vehicle related. The quick stop-over will see many residents visiting the new precinct as the one stop auto shop for repair, adding suitability for nearby residents.
To spice things up
The new Oporto is located on the south bound side of Pascoe Vale Rd. This site is being developed as a multi user site with shops and retail, offices, food and beverage, a supermarket, café and other offerings. This new development will benefit the public due to its location being right next to the Pascoe Vale main road where hundreds of commuters travel every day.
Having a fast-food outlet like Oporto will see a huge transformation in the Northern suburbs. Its current location is adjacent the BP Petrol Station and will soon feature an even more flashier precinct for residents. The project, which commenced in July 2016 finished in late December.
Coolaroo is the star for all things up and about. According to the 2011 census, Coolaroo’s population was at 3,261, and in 2015 it rose to 3,404. Coolaroo is sparkling due to recent housing constructions posing an abundance of potential to established residential and industrial area. Owning a house in Melbourne’s middle and inner-west suburbs could soon reach a whole new level where house ownership is predicted to grow 5 per cent.
The mid-range for owning a house in Coolaroo is approximately $315,256 which indicates a capital growth of up to 10.49 per cent in the last three years and 1.12 per cent last year. Houses in Coolaroo are inevitably rising more than the average person could imagine. It takes a little more than a quarter of year before houses are bought in the local market by home buyers residing in the suburb of Coolaroo.
As part of the Hume City Council, Coolaroo is sub-suburb just shy of down town Broadmeadows. It is also neighboured by surrounding suburbs Campbellfield and Dallas, Meadow Heights, and with Somerton and Roxburgh Park just next door.
A 15 minutes’ drive just up the infamous Sydney road is all it takes to reach Craigieburn Grassland Nature Conservation Reserve. The Craigieburn Nature Reserve is 340 hectares and just 25km from Melbourne and is situated East of Merri Creek and mainly between O’Herns Rd and Craigieburn East Road, Craigieburn. These grasslands are home to many endangered plants and rare animals that the Victorian Government plans to preserve.
The Pascoe Business Park is conveniently positioned nearby transport facilities with approximately 750 meters to the Coolaroo train station. With the Melbourne Airport, nearby, residents can take the 901-bus service from Melbourne Airport to Frankston.
Coolaroo will soon have its own shopping centre and town centre. Fifteen Hundred is awaiting the presence of fruitful visitors from within and outer suburbia. Built on a large-scale size of 100.0 m² to 380.0 m², the Pascoe Business Centre will be the next big thing.
The North’s newest edition has many advantages. The new Oporto features a Free-Standing Drive Thru, and covers a space of 233.5 m². Oporto is using its newest and flashiest design layout as a modern feature circulating across Melbourne and NSW stores. Oporto is famous for its Portuguese flamed-grilled chicken, and in popular demand having undergone a major makeover to its overall franchising image. With the use of environmentally friendly materials, the impressively modernised design incorporates an authentic and natural feel and reflects the changing face of the brand. The new design will have warm lighting, large wooden tables and chairs, as well as new wall art to add to its artistic interior décor, creating a mouth-wateringly desirable restaurant experience.
The Broadmeadows Shopping Centre is a sub-regional shopping centre with just a short distance from the site covering 61,000m² of land. The site is catchy due to its connection with Greenvale, Somerton, Campbellfield, Craigieburn and more.
This exciting new development features a state of the art boutique centre. This exciting centre is crafted with retail outlets and is remarkable addition to the community and the growing northern residential precinct. The prominent location, adds to the retail landscape of the area and services surrounding municipalities. There will be 9 Bulky Goods tenancies varying in sizes between 472m² – 569 m². A leniency of 1000 m² or a desired number of small suites is given to businesses and tenancies ranging from 100 m². These preferences can be adjusted to suit the needs of tenant requirements.
For more information, download a copy of the Pascoe Business Centre brochure (PDF 16MB) – Pascoe Business Park – 1500