FOR SALE
$450,000 - $500,000 plus GST

G02/16 Napier Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 67m2
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OUTSTANDING AFFORDABLE OPPORTUNITY FOR SALE & LEASE

This fine opportunity is located in the heart of Footscray CBD which is enjoying huge commercial developments and government Infrastructure. This property offers a prime location with excellent exposure to both foot and vehicle traffic. Situated at a bustling intersection, it is surrounded by a vibrant neighbourhood and offers easy access to nearby amenities.
The well-designed interior layout allows for flexible usage, making it suitable for use as a hair & beauty or massage salon, dental and medical clinic The ample natural light that floods the space enhances the overall ambiance, creating a pleasant environment for both customers and staff.
- Large public parking area at the rear.
- 500 m* to Footscray railway station.
- 5 km* to Melbourne CBD
- Shop & Retail
- Approx.67 m²
- Sale: $450,000 - $500,000 plus GST
- Lease: $400 per week plus outgoing.

Property Details for G02/16 Napier St, Footscray

Building Type
Commercial
Floor Size
67m2

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About Footscray 3011

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016.

Footscray has 14,262 properties. Over the last 5 years, Houses in Footscray have seen a 10.12% increase in median value, while Units have seen a 17.82% increase. As at 30 September 2024:

  • The median value for Houses in Footscray is $938,666 while the median value for Units is $495,454.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 98 properties listed for sale, and 42 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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Contact agent
Kenny Lau
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Rick Lin
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MEGA CITY REAL ESTATE PTY LTD
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.