512-514 Pascoe Vale Road, Pascoe Vale, VIC 3044 | Property Value & History | OnTheHouse
 
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512-514 Pascoe Vale Road
Pascoe Vale VIC 3044

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Bathrooms: -
Car spaces: -
Land area: 3270m2
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Property Details for 512-514 Pascoe Vale Rd, Pascoe Vale

Building Type
Commercial
Land Size
3270m2
Local Government
Merri-Bek
Lot/Plan
CP100605

Last Listing description (February 2020)

Brand new 12 year lease to 7-Eleven to 2032 plus options to 2052.
Guaranteed rental growth with annual, fixed, compounding 3% rent increases.
7-Eleven is Australias #1 convenience retailer with over 700 stores and approximately 38% market share.

Prominent 3,273 sqm* corner site 10 km from Melbourne CBD on the city-bound side of Pascoe Vale Road.
Strategic convenience retail location with Pascoe Vale Station, McDonalds, St Francis de Sales Primary School, Strathmore North Primary School, Red Rooster, Oak Park Aquatic Centre, Oak Park and Strathmore Football Clubs all within 1 km.
The last fuel site on Pascoe Vale Road before Citylink (500 metres south).
Extensive 94 metre frontage with 31,000 vehicles passing daily**.
Estimated net rent: $195,089 pa*.

To be sold at the Final 7-Eleven sale-and-leaseback portfolio auction at Crown Casino from 1:00pm AEDT on Tuesday 25 February 2020.
17 other 7-Eleven freehold investments also available.
Contact sales team for more details.

**VicRoads
*All areas and figures approx only. All boundaries are indicative only. Rents stated are estimated net annual rentals based on commencing rentals in the lease and where relevant land tax information held at the date of preparing this document. Replacement of fuel tanks in accordance with provisions in the Lease. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

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Property History for 512-514 Pascoe Vale Rd, Pascoe Vale, VIC 3044

A timeline of how this property has performed in the market
Last Sold
$4,775,000
25 Feb 2020
  • 25 Feb 2020
    Sold for $4,775,000
  • 20 Jan 2020
    Listed for Sale Price on Request
  • 27 May 2010
    Sold for $711,993
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About Pascoe Vale 3044

The size of Pascoe Vale is approximately 4.9 square kilometres. It has 22 parks covering nearly 7.4% of total area. The population of Pascoe Vale in 2016 was 17051 people. By 2021 the population was 18171 showing a population growth of 6.6% in the area during that time. The predominant age group in Pascoe Vale is 30-39 years. Households in Pascoe Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pascoe Vale work in a professional occupation.In 2021, 62.50% of the homes in Pascoe Vale were owner-occupied compared with 63.10% in 2016.

Pascoe Vale has 10,072 properties. Over the last 5 years, Houses in Pascoe Vale have seen a 24.85% increase in median value, while Units have seen a 10.22% increase. As at 30 November 2025:

  • The median value for Houses in Pascoe Vale is $1,195,588 while the median value for Units is $675,034.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 28 properties listed for sale, and 16 properties listed for rent in Pascoe vale on OnTheHouse. According to Cotality's data, 564 properties were sold in the past 12 months in Pascoe vale.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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