551 Barkly StreetWest Footscray VIC 3012
Property Details for 551 Barkly St, West Footscray
Last Listing description (March 2026)
**INSPECTION BY APPOINTMENT**
Land Size 390sqm* (approx.)
Secure Commercial lease in place
Large commercial 1 Zone space with north-facing shopfront within the bustling Barkly Village dining/shopping precinct
High-rise development potential (STCA)
Currently configured for use as a restaurant
Commercial kitchen & cool room
Outdoor space at rear allowing off-street parking
Rear lane access
Close to West Footscray Station
Offering an outstanding opportunity to secure a large commercial space in a prime location, this property is set to delight business owners and investors alike.
Currently configured for use as a restaurant, the space boasts a large dining room, a spacious kitchen with cool room, customer bathrooms and a generous outdoor space with storage sheds and off-street staff parking.
Rear access and residential/commercial zoning open a world of possibilities for future development, making this an irresistible prospect for those with a big vision.
Why youll love this location:
This is a dream location to set up shop or to execute an exciting new development, ideally positioned in a sunny north-facing position within the vibrant Barkly Village precinct.
The site is surrounded by busy restaurants, cafes and shops in a hip residential zone just 8.5km* from the CBD, with constant foot and drive-by traffic promising high visibility.
The 220 bus stops just metres from the shopfront and West Footscray Station is a short walk away, ensuring enviably easy customer access.
*Approximate
Property History for 551 Barkly St, West Footscray, VIC 3012
- 05 May 2025Listed for Sale $1,730,000 - $1,900,000
- 06 Nov 2024Listed for Sale $1,730,000 - $1,900,000
- 24 Apr 2024Listed for Sale $1,730,000 - $1,900,000
Recent sales nearby
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About 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 6,884 properties. Over the last 5 years, Houses in West Footscray have seen a 8.00% increase in median value, while Units have seen a 2.30% increase. As at 31 March 2026:
- The median value for Houses in West Footscray is $1,061,383 while the median value for Units is $538,347.
- Houses have a median rent of $620 while Units have a median rent of $470.
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