SOLD
Sold on 20 Sep 2024 for $445,500

48/131 Hyde Street
Footscray VIC 3011

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 68m2
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Nicholas Scott Real Estate
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Property Details for 48/131 Hyde St, Footscray

Building Type
Commercial
Land Size
68m2
Local Government
Maribyrnong
Lot/Plan
48/PS701764

Last Listing description (October 2024)

Seize this rare opportunity to secure a second-floor warehouse office space in the highly sought-after Hyde Business Park. This versatile property spans two levels, including a mezzanine, and offers stunning port views of the city. It features a small kitchenette and bathroom, making it ideal for a variety of uses. The property is easily accessible by a large lift and comes with an allocated parking space.

Located in a prime area, this space is easily accessible from the main arterials of the West Gate Freeway and Footscray Road, and is in close proximity to Melbourne CBD, Yarraville, and Seddon Villages. The open-plan layout on both levels is ready for immediate operation, providing a flexible environment suitable for a showroom, video or audio production studio, fitness studio, training facility, storage, or office space.

Don't miss out on this exceptional property that combines convenience, versatility, and an excellent location. Get in quick to secure this unique space and elevate your business to new heights.

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Property History for 48/131 Hyde St, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$445,500
20 Sep 2024
  • 20 Sep 2024
    Sold for $445,500
  • 07 Aug 2024
    Listed for Sale Not Disclosed
  • 27 Feb 2016
    Sold for $307,505

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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.

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