19-21 Douglas ParadeWilliamstown VIC 3016
Property Details for 19-21 Douglas Pde, Williamstown
Last Listing description (July 2023)
Gorman Allard Shelton are pleased to offer for sale this solid retail investment opportunity comprising a retail arcade of 6 retail shops to be sold individually or in one line by Expressions of Interest closing Tuesday 18 October 2022 at 2pm.
Key details include;
- Land area of 1,243 sqm (approx) with frontages to Douglas Parade (19 metres*), Coles Mall (59 metres*) and Wellington Parade (31 metres*)
- Fully leased with quality tenants including NAB, Priceline, The Butchers Club, Marazita Bros Deli, Bottle House & Wasabi Warriors
- Combined net income of $1,084,374.09 per annum* (plus GST) (as at 18 March 2023)
- Direct frontage to one of Victoria's top 5 performing Coles supermarket in addition to a large public car park at the rear
- Strategic investment with huge future development potential taking advantage of views over the bay to the CBD
Contact the exclusive agents for further details or to arrange an inspection.
*Approx
Property History for 19-21 Douglas Pde, Williamstown, VIC 3016
- 15 Sep 2022Listed for Sale Contact Agent
- 27 May 2017Sold for $19,500,000
- 20 Apr 2017Listed for Sale Contact Agent
Recent sales nearby
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0About Williamstown 3016
The size of Williamstown is approximately 5.7 square kilometres. It has 25 parks covering nearly 21.1% of total area. The population of Williamstown in 2016 was 13969 people. By 2021 the population was 14407 showing a population growth of 3.1% in the area during that time. The predominant age group in Williamstown is 50-59 years. Households in Williamstown are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Williamstown work in a professional occupation.In 2021, 73.60% of the homes in Williamstown were owner-occupied compared with 71.50% in 2016.
Williamstown has 8,280 properties. Over the last 5 years, Houses in Williamstown have seen a -0.39% decrease in median value, while Units have seen a 25.26% increase. As at 30 April 2026:
- The median value for Houses in Williamstown is $1,531,324 while the median value for Units is $842,869.
- Houses have a median rent of $830 while Units have a median rent of $580.
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