73B Nicholson Street, Footscray, VIC 3011 sold on 03 December 2025 | OnTheHouse
 
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Sold on 03 Dec 2025 - Price Unavailable

73B Nicholson Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 144m2
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Property Details for 73b Nicholson St, Footscray

Building Type
Commercial
Floor Size
144m2

Last Listing description (December 2025)

It's time to get in now before it's too late ….

Footscray CBD is transforming and will likely continue to do so over the coming years.

High rise developments, new Footscray Hospital that will have '000's there daily between staff, patients and visitors and much more will only increase the demand for shops and services within the centre itself.

Key Features:
- Two Street Frontages
- Two commercial tenancies with strong rental returns:
> Pharmacy: $62,617 p.a. (approx.) inc GST plus Outgoings
> Medical Clinic: $18,800 p.a. (approx.) inc GST plus Outgoings
> Total annual income: $80,964 (approx.) inc GST plus Outgoings
- Well established tenancies
- Surrounded by major new developments, including Victoria's largest newly completed hospital
- Just a short walk to Footscray Train Station, tram stops, and multiple bus routes
- Neighbouring restaurants, café's, Footscray Market and much more.
- Two level building
- Land size: 144 sqm (approx.)

Call for further information and inspection

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Property History for 73b Nicholson St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
03 Dec 2025
  • 03 Dec 2025
    Sold - Price Undisclosed
  • 10 Sep 2025
    Listed for Sale $1,550,000 - $1,600,000
  • 29 Aug 2018
    Listed for Rent $350 per week plus GST plus Outgoings
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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 14,913 properties. Over the last 5 years, Houses in Footscray have seen a 6.31% increase in median value, while Units have seen a -0.03% decrease. As at 30 November 2025:

  • The median value for Houses in Footscray is $976,718 while the median value for Units is $471,350.
  • Houses have a median rent of $580 while Units have a median rent of $520.
There are currently 104 properties listed for sale, and 39 properties listed for rent in Footscray on OnTheHouse. According to Cotality's data, 667 properties were sold in the past 12 months in Footscray.

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Tony Gerace
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Burnham Real Estate - FOOTSCRAY
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