2/109-111 Nicholson StreetFootscray VIC 3011
Property Details for 2/109-111 Nicholson St, Footscray
Last Listing description (April 2022)
Hudson Bond Commercial is delighted to have the exclusive privilege of offering for sale this perfectly located retail investment located at 2/109
Nicholson Street in Footscray.
+ Strong Lease to high-quality tenants on long term leases
+ Net annual income of $62,300 + GST + Outgoings
+ Set and forget investment in prime location at Footscray Mall
+ Versatile 160 sqm approx. ground floor retail area
+ Activity Centre Zone ACZ1
+ Rear Lane Access to Tenancy
+ The bustling Nicholson Street Mall is one of Footscray's central community hubs. It is home to a large variety of multicultural cafs and stores.
+ Surrounded by busy trading retailers and hospitality operators of Footscray central
+ Located ~6km inner West of the Melbourne CBD
For further information or to arrange an inspection, please contact the Hudson Bond Commercial Team today.
Property History for 2/109-111 Nicholson St, Footscray, VIC 3011
- 18 Mar 2022Sold for $1,140,000
- 19 Jan 2022Listed for Sale $1,150,000
- 13 Mar 2002Sold for $340,000
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About Footscray 3011
The size of Footscray is approximately 5.0 square kilometres. It has 25 parks covering nearly 15.1% of 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 14,912 properties. Over the last 5 years, Houses in Footscray have seen a 1.28% increase in median value, while Units have seen a -0.03% decrease. As at 31 January 2026:
- The median value for Houses in Footscray is $946,800 while the median value for Units is $485,147.
- Houses have a median rent of $580 while Units have a median rent of $525.
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