1/287-309 Ballarat Road,
Footscray, VIC 3011
Showrooms & Large Format Retail • Shops & Retail
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CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
1/287-309 Ballarat Road
Footscray, VIC 3011
Map of 1/287-309 Ballarat Road
Train stations within 5 km of 1/287-309 Ballarat Road, Footscray, VIC 3011 Distance West Footscray Station 1.4 km Middle Footscray Station 1.7 km Tottenham Station 2.1 km Footscray Station 2.2 km Flemington Racecourse Station 2.3 km POWERED BY HERE ©Tram stops within 5 km of 1/287-309 Ballarat Road, Footscray, VIC 3011 Distance 57-Titch St/Gordon St (Footscray) 556 m 58-Ballarat Rd/Gordon St (Footscray) 612 m 56-Edgewater Square/Gordon St (Maribyrnong) 885 m 59-Droop St/Ballarat Rd (Footscray) 996 m 55-Lyric St/Gordon St (Maribyrnong) 1.1 km POWERED BY HERE ©Bus stops within 5 km of 1/287-309 Ballarat Road, Footscray, VIC 3011 Distance Rosamond Rd/Ballarat Rd (Maidstone) 55 m Summerhill Rd/Ballarat Rd (Maidstone) 91 m Inkerman St/Rosamond Rd (Maidstone) 230 m Eleanor StBallarat Rd 238 m Havelock St/Ballarat Rd (Maidstone) 354 m POWERED BY HERE ©
POWERED BY HERE ©
COMMANDING CORNER INVESTMENT CATCHING FOOTSCRAY EYES. - Under Offer
POINT OF INTEREST:
Turn a corner on your portfolio success with a stand-out corner showroom investment directly on Ballarat Road. There’s over 14 m* of double-sided frontage, marketing to 40,000 passing vehicles daily. The corner showroom and retail space has had a long-term tenant in Zoom Fitness, they’re paying $70,143 per annum to occupy the 309 sqm* space for the foreseeable. Rear access via the laneway makes deliveries and pick-ups simple, while the CBD connectivity through the Citylink, Dynon Road, or the West Gate Freeway does an equally great job. You’re down the road from the Footscray hospital and medical precinct, Victoria University’s Footscray Campus, and surrounded by the west’s best schooling — making this pocket the perfect city-fringe investment regardless of the tenant.
- Leased to Terry Zaras ATF Zaras Trust trading as Zoom Fitness.
- $70,143 per annum plus outgoings and GST in leasing income.
- 3-year term commenced 1st July 2023 plus 2 further terms of 3 years with 3% annual increases.
- 309 sqm* total building area.
- Mixed use zoning.
- 14 m* frontage to Ballarat Road.
- 40,000* approximate passing vehicles daily.
- Rear access via laneway.
- 15-minute* drive to the CBD.
POINT OF VIEW:
The 309 sqm* on paper doesn’t do the ground floor retail space in practice, and the corner prominence in front of Ballarat Road makes the entire package a western standout investment.
*Approx.
Pricing excludes GST
Turn a corner on your portfolio success with a stand-out corner showroom investment directly on Ballarat Road. There’s over 14 m* of double-sided frontage, marketing to 40,000 passing vehicles daily. The corner showroom and retail space has had a long-term tenant in Zoom Fitness, they’re paying $70,143 per annum to occupy the 309 sqm* space for the foreseeable. Rear access via the laneway makes deliveries and pick-ups simple, while the CBD connectivity through the Citylink, Dynon Road, or the West Gate Freeway does an equally great job. You’re down the road from the Footscray hospital and medical precinct, Victoria University’s Footscray Campus, and surrounded by the west’s best schooling — making this pocket the perfect city-fringe investment regardless of the tenant.
- Leased to Terry Zaras ATF Zaras Trust trading as Zoom Fitness.
- $70,143 per annum plus outgoings and GST in leasing income.
- 3-year term commenced 1st July 2023 plus 2 further terms of 3 years with 3% annual increases.
- 309 sqm* total building area.
- Mixed use zoning.
- 14 m* frontage to Ballarat Road.
- 40,000* approximate passing vehicles daily.
- Rear access via laneway.
- 15-minute* drive to the CBD.
POINT OF VIEW:
The 309 sqm* on paper doesn’t do the ground floor retail space in practice, and the corner prominence in front of Ballarat Road makes the entire package a western standout investment.
*Approx.
Pricing excludes GST
Property ID: 504725716Last Updated: 11 Dec 2024
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000