1-5/115 Nicholson Street Footscray VIC 3011

This exceptional commercial investment presents a rare opportunity in Melbourne's thriving inner west. Perfectly positioned on the high-exposure corner of Nicholson Street and Paisley Street, this property offers a dynamic mix of retail and office spaces. With a total building area of approximately 424sqm on 220sqm of land, it provides flexibility for investors looking to secure a foothold in one of Footscray's most sought-after locations.

Comprising five ground-floor retail shops (280sqm approx.) and a first-floor office space (144sqm approx.), the property delivers a strong and diverse rental return of approximately $216,660 per annum. Zoned Activity Centre Zone Schedule 1, it benefits from significant foot traffic, public transport at its doorstep, and unrivaled exposure within Footscray's bustling commercial hub. Shared bathroom facilities on level one further enhance tenant convenience.

Surrounded by major infrastructure projects, including the $1.5 billion Footscray Hospital redevelopment (set for completion in 2025) and the near-complete $6.7 billion West Gate Tunnel project, the location is primed for long-term growth. Just 7km from Melbourne's CBD and situated at the gateway to the city's western growth corridor, this is a strategic investment opportunity supported by strong demand and government-backed urban renewal. Secure your place in this high-potential precinct today.