Auction:

Wednesday 24th September, 1:30pm

$1,550,000 - $1,650,000

73B Nicholson Street, Footscray VIC 3011

144 m²

Auction:

Wednesday 24th September, 1:30pm

$1,550,000 - $1,650,000

73B Nicholson Street, Footscray VIC 3011

144 m²

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Dual Frontage/Dual Income Investment

It’s time to get in now before it’s too late ….

Footscray CBD is transforming and will likely continue to do so over the coming years.

High rise developments, new Footscray Hospital that will have ‘000’s there daily between staff, patients and visitors and much more will only increase the demand for shops and services within the centre itself.

Key Features:
- Two Street Frontages
- Two commercial tenancies with strong rental returns:
> Pharmacy: $62,617 p.a. (approx.) inc GST plus Outgoings
> Medical Clinic: $18,800 p.a. (approx.) inc GST plus Outgoings
> Total annual income: $80,964 (approx.) inc GST plus Outgoings
- Well established tenancies
- Surrounded by major new developments, including Victoria’s largest newly completed hospital
- Just a short walk to Footscray Train Station, tram stops, and multiple bus routes
- Neighbouring restaurants, café’s, Footscray Market and much more.
- Two level building
- Land size: 144 sqm (approx.)

Call for further information and inspection

Location

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