Colliers Present Rare Pascoe Vale Opportunity

Colliers to offer unique opportunity ripe for development or occupation.

Colliers agents Lucas Soccio, Travis Keenan, and James Bui are pleased to present for sale the ‘Cumberland Collective’ encompassing 36 & 40-42 Cumberland Road, Pascoe Vale. This unique offering includes the former Pascoe Vale RSL, a substantial property comprising a total building area of 1,290sqm*

The Cumberland Collective comprises two separate offerings, both corner land parcels with exceptional exposure. The offering consists of 40-42 Cumberland Road, a 1,809sqm* site currently operating as a hospitality and gaming venue, and 36 Cumberland Road, a 1,305sqm* site used solely as a car park. Along with considerable existing improvements, 40-42 Cumberland Road, presents a unique opportunity to acquire an active gaming, liquor and food service licence, all which can be purchased separately through Rodgers Reidy.

Lucas Soccio, Executive, Melbourne Metro Sales | Investment Services at Colliers, commented, “The Cumberland Collective presents a rare opportunity to acquire two corner land parcels with in excess of 166m street frontage. The flexibility to purchase the properties either individually or together provides buyers with an operational, turn-key hospitality venue accompanied by a substantial vacant land parcel with prominent development potential (STCA).”

Zoned General Residential (GRZ1), the site provides considerable flexibility regarding future uses including residential or commercial development (STCA), showroom, gym, hospitality, retail, event, community and entertainment.

36 & 40-42 Cumberland Road is ideally positioned just 14km from Melbourne’s CBD, with direct public transport access via the Craigieburn Train Line. Located only minutes from DFO Essendon, the assets are situated within a rapidly growing precinct. The Merri-bek City Council and the Victorian State Government are actively driving development in the area through the $5.3 billion Big Housing Build, which includes architect-designed housing. By 2036, Merri-bek’s population is projected to grow from 186,534 to 228,807. Since 2018, the Council has invested over $54 million to deliver approximately 17,500 square metres of new open space across the municipality.

Travis Keenan, Manager, Melbourne North West Sales | Investment Services at Colliers, commented, “We’ve seen a surge in demand across Melbourne’s North-West. A recent example is the sale of 9-11 Post Office Place, Glenroy on behalf of Australia Post, which attracted more than 100 enquiries and sold for $801,000 above reserve.”

With price expectations in excess of $4.5 million, 36 & 40-42 Cumberland Road, Pascoe Vale is offered for sale via Expressions of Interest, closing Wednesday, 26 June 2025 at 3:00pm (AEST).