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James Gregson Commercial - MELBOURNE

43-45 Ferguson Street Williamstown, VIC 3016

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43-45 Ferguson Street,
Williamstown, VIC 3016

Shops & Retail • Offices

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James Gregson Commercial - MELBOURNE
Martin Huang
James Gregson

James Gregson Commercial - MELBOURNE

330 Collins St
MELBOURNE, VIC 3000
James Gregson Commercial - MELBOURNE
43-45 Ferguson Street
Williamstown, VIC 3016

Map of 43-45 Ferguson Street

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THE STANDOUT ON FERGUSON STREET- GRAND, PERFECT POSITION AND UNPRECEDENTED UPSIDE

  • Land Area 365m2 with Rear Access
  • Substantial Freehold
  • Unprecedented Rental Upside
Land area of 365m2 approx. with a 12m approx. frontage and superb rear lane access.

Grand freehold of 400m2 approx. consisting of two shop frontages plus first floor offices with a large balcony plus onsite carparking at the rear.

The property is leased to two longstanding tenants:

43 Ferguson St: Wilckens Roche Lawyers
Rent: $84,393.65 per annum plus GST
Annual CPI increases except at the commencement of the further terms where there shall be a market review
(Note: Market review in July 2023)

45 Ferguson St: Nail salon
Rent: $28,878.74 per annum plus GST
Annual CPI increases except at the commencement of the further terms where there shall be a market review
(Note: Market review in July 2023)

Based off recent lettings in the area it is our opinion you could achieve significant uplift in the current rental income.

Commercial 1 zone.

Amazing future development upside and potential to activate the rear of the property.




Property ID: 504187975Last Updated: 14 Aug 2023

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