460 Geelong RoadWest Footscray VIC 3012
Property Details for 460 Geelong Rd, West Footscray
Last Listing description (March 2023)
AUCTION WEDNESDAY 1st MARCH AT 12pm ON SITE
Nichols Crowder is delighted to present to the market this securely leased, main road investment property which features a long term tenant that has significantly upgraded the premises to suit their needs.
Positioned on the preferred inward bound side of Geelong Road, this profile industrial/showroom investment is home to established business, Footscray Accident Repair Centre.
Key highlights include:
* Main road, industrial/showroom investment
* Long standing tenant - Footscray Accident Repair Centre
* Lease through to September 2026 + option
* Current rental at $62,106 per annum + GST & most outgoings
* Versatile showroom/workshop in high quality, upgraded condition
* Building area: 760sqm*
* Site area: 913sqm*
* Flexible Commercial 2 zoning
* Tightly held retail/showroom strip with other car uses
* Future market rental growth expected
OPEN FOR INSPECTION
Wednesday, 1st March at 11.30am, followed by the Auction at 12noon.
For further details or to arrange an inspection, please contact:
Julian Vautin 0420 406 660
Matt Nichols 0418 186 488
Please note:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.
Property History for 460 Geelong Rd, West Footscray, VIC 3012
- 01 Mar 2023Sold for $2,180,000
- 03 Feb 2023Listed for Sale Contact Agent
- 01 Dec 2011Listed for Rent $49,500 / year
Recent sales nearby
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0About West Footscray 3012
The size of West Footscray is approximately 3.8 square kilometres. It has 10 parks covering nearly 8.5% of 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 6,912 properties. Over the last 5 years, Houses in West Footscray have seen a 10.86% increase in median value, while Units have seen a -0.09% decrease. As at 31 January 2026:
- The median value for Houses in West Footscray is $1,043,246 while the median value for Units is $536,642.
- Houses have a median rent of $610 while Units have a median rent of $468.
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