5-7 Cromwell ParadeWest Footscray VIC 3012
Property Details for 5-7 Cromwell Pde, West Footscray
Last Listing description (April 2020)
GREAT INVESTMENT OPPORTUNITY JUST HIT THE MARKET AFTER 40 YEARS!!
Grand Commercial/Office and Business for sale with great income. This is a very rare and unique opportunity to own a freehold huge commercial property and be come a owner of a business in a frame location for industries West Footscray.
- Zoned industrial 1
-Two levers of total 1,800m2 (approx.) (1,400m2 plus 400m2 of level 2)this fabulous warehouse/office to be offered.
- Only over 10km from Melbourne CBD. With a convenience access to free ways, Geelong road and Westgate bridge. Few minutes drive to Tottenham Station, Central West Shopping Central and Highpoint Shopping Central (the biggest shopping center in the West)
- Highly Profitable and stable business of 40 years operated.
- Huge open plan area with office on the first floor.
- Fully equipped including delivery trucks...
- Stable huge customer list and Completed training provide.
- Roller door access
- On-site parking
- An rare opportunity to invest and buy a fully operate high income business with the property as a freehold.
For more information please contact Dannie on 0413 778 119 for promptly respond.
Property History for 5-7 Cromwell Pde, West Footscray, VIC 3012
- 31 Oct 2019Listed for Sale Contact Agent
- 26 Sep 1992Listed for Sale Not Disclosed
- 16 May 1992Listed for Sale ASKING PRICE IS $550,000
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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 6,871 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.
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