Ground Floor/76 Nicholson St, Footscray is a 8 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 255m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Located at 76 Nicholson Street, Footscray, Melbourne, this freehold property with an operating restaurant offers a prime location with three-street exposure, high foot traffic, and proximity to train and bus stations.
Property Features:
Ground floor: Starting annual base rent $167,000, currently a restaurant with ample seating, functional kitchen, storage, and amenities.
First floor:
Annual Rental estimation $48,000, divided into seven offices, suitable for conversion into function rooms.
Benefits:
High pedestrian flow from nearby businesses and transport hub.
Easy access for customers with nearby train and bus stations.
Turnkey restaurant setup for seamless operation.
Business Potential:
Footscray's diverse culinary scene and vibrant atmosphere provide an excellent opportunity for entrepreneurs. The established restaurant setup allows for immediate operation, saving time and costs.
Don't miss this prime property opportunity at 76 Nicholson Street, Footscray, for your restaurant business. Join the bustling scene in the heart of vibrant Footscray.
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 14,898 properties. Over the last 5 years, Houses in Footscray have seen a -3.39% decrease in median value, while Units have seen a -0.23% decrease. As at 31 May 2026:
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