SOLD
Sold on 04 Oct 2024 for $275,000

13/62 Nicholson Street
Footscray VIC 3011

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 38m2
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Property Details for 13/62 Nicholson St, Footscray

Building Type
Commercial
Year Built
2011
Land Size
38m2
Local Government
Maribyrnong
Lot/Plan
13/PS539210

Last Listing description (October 2024)

We, at Create Real Estate, are happy to present this quaint and cozy unit on the ground floor of Westville Central complex.

This fully fitted shop is located opposite of Little Saigon and has all the amenities that you, your shop, and you clients will need. This spacious property is available for variety of uses; Consulting Office, Beauty Service, Retail etc.

Features include:

- 38 SQM of floor area
- Easy accessibility with multiple bus lines
- Ample Street Car Space Parking
- Fitted Sink/Basin
- Ground Floor space with excellent frontage exposure
-Open Floor Plan
-Tiled Flooring and Painted Walls
-Suspended Cielings
- Central Heating and Cooling
-Suitable for Medical Practice/Consultation Office, Beauty Services, Professional Consulting Office, etc.
-Outgoings Approx $7,000.00 Per Annum.
-Situated above 100+ Residencies.

For further information or to arrange an inspection, call Lilian Dinh.

Property History for 13/62 Nicholson St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$275,000
04 Oct 2024
Listed for Rent
$22/w
26 Mar 2019
  • 04 Oct 2024
    Sold for $275,000
  • 23 May 2024
    Listed for Sale $250k - $275k
  • 10 May 2024
    Listed for Rent - Price not available
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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 14,292 properties. Over the last 5 years, Houses in Footscray have seen a 8.94% increase in median value, while Units have seen a 14.88% increase. As at 31 October 2024:

  • The median value for Houses in Footscray is $950,860 while the median value for Units is $495,776.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 108 properties listed for sale, and 47 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 574 properties were sold in the past 12 months in Footscray.

Suburb Insights for Footscray 3011

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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.