586 Barkly Street, West Footscray, VIC 3012 | Property Value & History | OnTheHouse
 
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586 Barkly Street
West Footscray VIC 3012

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 420m2
Land area: 765m2
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Property Details for 586 Barkly St, West Footscray

Building Type
Commercial
Floor Size
420m2
Land Size
765m2
Local Government
Maribyrnong
Lot/Plan
1/TP677356

Last Listing description (June 2023)

The property is leased to an established pet shop and holistic veterinary practice which offers in the short term potential for significant uplift in the rental while sustaining development potential (STCA). This may be your cash cow.

Land area: 761m2 approx. with 11.4 metre approx. frontage and superb lane access at the rear.


Building area: 560m2 approx. extremely well-presented pet shop, veterinary and holistic pet clinic with large carpark at the rear for upwards of 8 cars.

Commercial 1 Zone

Lease details:
Current Tenant- Well Beings by Vetcall Pty Ltd
Lease Term: 5 years
Rent: $72,099.60 per annum plus GST
Commencement date: 21st September 2020
Four further terms of 5 years
Reviews: 3% per annum with market review at commencement of further terms.
Outgoings: paid by tenant


Well configured site and superbly located in one the hottest inner west suburbs, this opportunity offers unprecedented future potential with an array of possible development outcomes in a major growth location that offers strong capital appreciation fundamentals and future rental growth.

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Property History for 586 Barkly St, West Footscray, VIC 3012

A timeline of how this property has performed in the market
Last Sold
$230,000
28 May 2001
Listed for Rent
21 May 2019
  • 16 Nov 2022
    Listed for Sale Contact Agent
  • 13 Feb 2019
    Listed for Rent - Price not available
  • 10 Dec 2014
    Listed for Rent - Price not available
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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 6,912 properties. Over the last 5 years, Houses in West Footscray have seen a 17.11% increase in median value, while Units have seen a 5.10% increase. As at 31 December 2025:

  • The median value for Houses in West Footscray is $1,080,175 while the median value for Units is $555,114.
  • Houses have a median rent of $600 while Units have a median rent of $465.
There are currently 31 properties listed for sale, and 10 properties listed for rent in West footscray on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in West footscray.

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