43-45 Ferguson Street,
Williamstown, VIC 3016
Shops & Retail • Offices
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James Gregson Commercial - MELBOURNE
330 Collins StMELBOURNE, VIC 3000
43-45 Ferguson Street
Williamstown, VIC 3016
Map of 43-45 Ferguson Street
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.
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
James Gregson Commercial - MELBOURNE330 Collins St
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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46 Ferguson Street,Williamstown, VIC 3016 150 m²Shops & Retail • Offices • Development Sites & Land