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Sold on 7 Mar 2018

49-51 Leeds Street Footscray VIC 3011

  • Retail
  • 390 m²
  • Sold

Central Footscray Retail Freehold with Huge Upside

  • Prominent Two Level Building
  • Secure Investment Returning $58,710pa*
  • Activity Centre Zoning

Savills and Trimson Partners are delighted to offer for sale this incredibly rare Leeds Street retail investment within the heart of one of Melbourne’s most renowned and busy retail precincts. The key attributes of 49-51 Leeds Street, Footscray include:

• Large landholding of 306sq m*
• Prominent two level retail freehold with total building area of 390sq m*
• Zoned Activity Centre 1 providing for flexible development outcomes (STCA)
• Current net rental of $58,710 pa* + outgoings & GST
• Six year lease commencing March 2016
• Rear laneway and roller door access
• High exposure location next to Footscray Market
• Strategically positioned within the Footscray Activity Centre, one of Melbourne’s most active precincts

This is an incredible opportunity to purchase a prime retail freehold in an ideal Footscray location and as such we encourage all buyers to look closely at this opportunity.

49-51 Leeds Street, Footscray is For Sale by Public Auction Wednesday 7 March at 12 noon.

Julian Heatherich - 0412 995 655
Mark Stafford - 0404 401 053

John Verduci - 0411 660 844
Phillip Mazzella - 0418 360 789

Supporting Documents

Supporting Document 1

Property Highlights

Property ID2014162599
Date Sold7 Mar 2018
Floor Area390 m²
Land Area306 m²
ParkingAsk Agent
Last updated  16 Mar 2018
Map for 49-51 Leeds Street Footscray VIC 3011
Savills Melbourne
Level 48, 80 Collins Street Melbourne VIC 3000

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