5/62 Nicholson StreetFootscray VIC 3011
Property Details for 5/62 Nicholson St, Footscray
5/62 Nicholson St, Footscray is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 2657m2. While the property is not currently for sale or for rent, it was last sold in November 2012.
Last Listing description (March 2025)
BYD Real Estate Springvale is pleased to offer for sale, via Expressions of Interest, this versatile ground-floor shop in the Westville Central Shopping Centre, situated in the vibrant heart of Footscray.
This prime property, located directly opposite the iconic Little Saigon Shopping Centre, presents an excellent opportunity for a variety of business types, including retail, consulting, and beauty services…
Offered with vacant possession, allowing for immediate business commencement. Rental is approximately $33,000 per year plus GST.
Key Features:
• Corner site offering 50 sqm of prime floor space
• Highly accessible, just steps away from Footscray Station and serviced by multiple bus routes
• Public free parking available directly in front of the property
• Ground-floor location with approx. 10 m of frontage, providing excellent exposure
• Open floor plan with tiled flooring, painted walls, and suspended ceilings
• Central heating and cooling system
• Suitable for a variety of uses: medical practice, consulting office, beauty services, retail, and more
• Positioned within a complex of over 100 residences
This fully fitted space is ideal for startups or established businesses looking for a premium location with high foot traffic and accessibility in the heart of Footscray's CBD.
Contact Minh Le 0429 564 676
Contact Kenny Pham 0433 373 454
Contact Minh Le at BYD Real Estate Springvale on 03 8566 1599 or after hours on 0429 564 676.
Property History for 5/62 Nicholson St, Footscray, VIC 3011
- 23 Mar 2025Listed for Sale $370,000 - $400,000
- 15 Oct 2024Listed for Sale $390,000 - $420,000
- 21 Dec 2021Listed for Rent $15,000 / year
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0About 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 14,910 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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