$920,000 - $940,000

143 Nicholson Street, FOOTSCRAY VIC 3011

$920,000 - $940,000

143 Nicholson Street, FOOTSCRAY VIC 3011

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ENJOY 5.5% + RETURN*

This fine opportunity is located in the heart of Footscray CBD which is enjoying huge commercial developments and government Infrastructure.

The demographics are changing and so is the demand.

This retail premises has a separate upstairs dwelling which offers an investor the safer opportunity of two tenancies. The residence comprises of separate entry / 2 BR / Kitchen with meals / Private Courtyard.

Return as follows:
Retail: $33,600 pa (ex GST)
Residence: $20,800 pa
Total Rental Return: $54,400 pa

Building size -
Retail: 121m2 (approx.)
Residence/Office Space: 101m2 (approx.)
Total: 222m2 (approx.)

Land: 121m2 (approx.)

Call us for further details or inspection!

*Based on current rental.

Location

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