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87 and 89 Nicholson Street Footscray, VIC 3011

87 and 89 Nicholson Street,
Footscray, VIC 3011

Shops & Retail • Development Sites & Land

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Sale

$2,200,000!!

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Land area

Floor area

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Dual Investment Opportunity & Future Development

  • * Potential to re-develop
  • * Central Activity Zone
  • * Combined return $ 145,000.00 p/a
PRICED DRASTICALLY REDUCED !!

Two side by side retail premises in the heart of the Footscray Activity Centre enjoying exposure to large daily pedestrian traffic in the heart of the Footscray Mall.

Close to Footscray railway station, Footscray market, 6 km west of the Melbourne CBD and surrounded by national retailers, major banks, and an array of multicultural cafes and eateries. A fantastic opportunity to add quality property to your investment portfolio with potential for future development opportunity within the Activity Centre Zone (STCA).

87 Nicholson Street, Footscray
* Offered subject to lease expiring 27th May 2025
* Rental: $71,980 per annum + GST (gross)
* Fixed 3% annual increase
* Building Area: 180 sqm (approx.)

89 Nicholson Street, Footscray
* Offered subject to lease expiring 31st December 2024
* Rental: $73,066per annum + GST (gross)
* Fixed 3% annual increase
* Building Area: 175 sqm (approx.) with rear access

*** TAKE ADVANTAGE OF THE REDUCED STAMP DUTY OPTIONs AND THE GOVERNMENT'S RECENT ANNOUNCEMENTS FOR HIGHER DENSITY LIVING AND FATSER PERMIT PROCESS!!

Property ID: 503837810Last Updated: 31 Oct 2024

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87 and 89 Nicholson Street
Footscray, VIC 3011

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