87 and 89 Nicholson Street, FOOTSCRAY VIC 3011

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Retail
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Features

  • Retail Commercial Category
  • Land is 260.0 sqm
  • Floor Area is 360.0 m²

Better than the Bank - 2 x Central Footscray Investments

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: $65,872 per annum + GST (gross)

Fixed 3% annual increase

Building Area: 180 sqm (approx.)

Frontage: 5.4m

*89 Nicholson Street, Footscray

Offered subject to lease expiring 31st December 2024

Rental: $66,866 per annum + GST (gross)

Fixed 3% annual increase

Building Area: 175 sqm (approx.)

Frontage: 5.52m with rear access

Terms: 10% deposit, balance 60 days

Listing Agent

Philip Mazzella
0418 360 789
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