** PRIVATE SALE **
This double storey freehold is located within the tightly held Activity Centre of Footscray.
Situated approximately 7km from Melbournes CBD, surrounded by national tenants including Westpac, ANZ, Commonwealth Bank, Bank of Queensland, and Bank of Melbourne.
Ideal value add opportunity well suited to owner occupiers and investors alike with features including:
Land area: 183sqm approx.
Building area: 245sqm approx.
High exposure location
Excellent public transport with a bus stop (directly in front), tram (Leeds Street) and train (Irving Street)
Direct access to the council car park at the rear
Garage and rear access via R.O.W.
Offered with vacant possession
Terms: 10% deposit, balance of monies 60/90 days.
The size of Footscray is approximately 5.0 square kilometres. There are 25 parks, covering nearly 15.1% of the total area. The population of Footscray in 2016 was 16345 people. By 2021 the population was 17131 showing a population growth of 4.8% in the area during that time. The predominant age group in Footscray is 30-39 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation.In 2021, 41.30% of the homes in Footscray were owner-occupied compared with 36.60% in 2016.
Footscray has 14,945 properties. Over the last 5 years, Houses in Footscray have seen a -5.07% decrease in median value, while Units have seen a -1.42% decrease. As at 30 June 2026:
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