3/144-148 Nicholson StreetFootscray VIC 3011
Property Details for 3/144-148 Nicholson St, Footscray
Last Listing description (December 2023)
This incredible retail/office property is a fantastic opportunity for investors to purchase and secure their investment with a great retune of $48,000 + GST per annum with a newly signed lease with good tenant, looking for a prime location in the bustling suburb of Footscray. Located in The Footscray Hub Business Centre at 3/144-148 Nicholson Street, this property boasts an unbeatable location with high foot traffic and excellent exposure to potential customers.
This property is an excellent investment opportunity for those looking to expand their portfolio or start a new business venture. The property is currently tenanted, providing a steady and reliable source of income for investors.
The location of this property is unbeatable, with easy access to public transport, major highways, and a variety of local amenities, including cafes, restaurants, and shops. Footscray is a vibrant and growing suburb.
7km from CBD.
2 Minutes walk to Footscray train station.
2 Minutes walk to Footscray Market.
Don't miss out on this incredible opportunity to own a prime retail property in the heart of Footscray located in The Footscray Hub Business Centre. Contact Sufian Osman on 0413164507 today to arrange a viewing and start your journey towards owning this fantastic property.
Property History for 3/144-148 Nicholson St, Footscray, VIC 3011
- 16 Aug 2023Listed for Sale $650000-$665000
- 22 Oct 2015Sold for $370,000
- 20 Aug 2015Listed for Sale $398,000
Recent sales nearby
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About Footscray 3011
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 14,928 properties. Over the last 5 years, Houses in Footscray have seen a -13.34% decrease in median value, while Units have seen a -3.01% decrease. As at 31 August 2026:
- The median value for Houses in Footscray is $930,469 while the median value for Units is $489,138.
- Houses have a median rent of $638 while Units have a median rent of $550.
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