80-90 & 92 Nicholson Street, Footscray, Vic 3011

Big Space. Endless Possibilities. A rare opportunity of impressive scale in the heart of Footscray, this substantial commercial property offers the space, flexibility and positioning of something truly exceptional.

Property features comprise:
• 8.6% gross annual yield 
• Impressive annual return of $586,137 + GST + 45% outgoings + fixed rent increases
• 17 private office spaces
• 577m2 retail space occupied by national fitness operator
• Large land area of 778m2
• Large building area spanning across 2 levels of 1269m2 
• Wide street frontage of 30.7m
• Prime Location with high foot traffic & strong visibility 
• Surrounded by national retailers and popular eateries
• Close to Footscray Train Station, Footscray Market & Victoria University 
• 6km from Melbourne CBD with easy access to public transport
• High-quality office and gymnasium fit out
• Price supported by CBA Valuation

It's the Footscray location that adds another dimension to the opportunity. Set within one of Melbourne's most established and evolving inner-western precincts, the property is surrounded by a diverse mix of businesses, shops and eateries, with excellent connectivity to surrounding suburbs and Melbourne's CBD. 

As Footscray continues to grow and evolve, opportunities to secure commercial space of this scale and versatility are increasingly difficult to find. For investors, this is a rare opportunity to acquire a long-term, blue-chip asset in this thriving pocket. Offering multiple secure income streams from numerous tenancies, the generous proportions across two levels provide the ability to add value and increase rents. This is your chance to secure a long-term, high-performing blue-chip investment in one of Footscray's most tightly held and consistently performing locations.