282 Geelong Road, West Footscray, VIC 3012 | Property Value & History | OnTheHouse
OFF MARKET

282 Geelong Road
West Footscray VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 25
Land area: 1327m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 282 Geelong Rd, West Footscray

Building Type
Commercial
Land Size
1327m2
Local Government
Maribyrnong
Lot/Plan
PC376363

Last Listing description (September 2021)

The CBRE Australian Healthcare and Social Infrastructure team are pleased to offer for sale a city fringe education Investment on a substantial corner landholding of 1,330sqm*

Features of the property include;


+ Substantial corner land holding of 1,330sqm* zoned General Residential with frontage of 125m*

+ Brand new multi-level state of the art facility with building area of 2,228sqm* including basement car park for 25 cars

+ Surrounded by established and rapidly growing residential and a short walk to Victoria Street, Seddon and Barkley Street retail precinct

+ West Footscray Train Station 550m* away providing quick access to Melbourne's CBD only 6km*

+ Leased with options till 2045 to Australians leading early education operator with 20+ years' experience and 15 centres

+ Passing income of $675,000pa*with fixed 3% annual increases plus 6 month Bank Guarantee

+ Only 2km* to the renowned Victoria University, 3.4km* to popular Highpoint Shopping Centre and 2.8km* to the iconic Flemington Racecourse


Round 2 - Closing this Friday

Virtual site inspections are available, Please direct any enquiries to the sale and leasing agents below.

Josh Twelftree
+61 452 524 985

Sandro Peluso
+61 418 389 757

Jimmy Tat
+61 439 399 118

Marcello Caspani-Muto
+61 417 065 777

*approx

Property History for 282 Geelong Rd, West Footscray, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$11,500,000
09 Jul 2020
  • 09 Jul 2020
    Sold for $11,500,000
  • 22 Apr 2020
    Listed for Sale Contact Agent
  • 20 Sep 2016
    Listed for Sale via Public Auction Thu 20th Oct 12:30pm
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About West Footscray 3012

The size of West Footscray is approximately 3.8 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of West Footscray in 2016 was 11450 people. By 2021 the population was 11729 showing a population growth of 2.4% in the area during that time. The predominant age group in West Footscray is 30-39 years. Households in West Footscray are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Footscray work in a professional occupation.In 2021, 56.70% of the homes in West Footscray were owner-occupied compared with 53.60% in 2016.

West Footscray has 6,873 properties. Over the last 5 years, Houses in West Footscray have seen a 6.41% increase in median value, while Units have seen a 2.40% increase. As at 30 April 2026:

  • The median value for Houses in West Footscray is $1,063,467 while the median value for Units is $529,379.
  • Houses have a median rent of $640 while Units have a median rent of $470.
There are currently 34 properties listed for sale, and 11 properties listed for rent in West footscray on OnTheHouse. According to Cotality's data, 308 properties were sold in the past 12 months in West footscray.

Suburb Insights for West Footscray 3012

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.