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43-45 Ferguson Street
Williamstown VIC 3016
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Sold on 15 May 2023

43-45 Ferguson Street Williamstown VIC 3016

  • Shop & Retail
  • 400 m²
  • Sold

THE STANDOUT ON FERGUSON STREET- GRAND, PERFECT POSITION AND UNPRECEDENTED UPSIDE

  • Land Area 365m2 with Rear Access
  • Substantial Freehold
  • Unprecedented Rental Upside

Land area of 365m2 approx. with a 12m approx. frontage and superb rear lane access.

Grand freehold of 400m2 approx. consisting of two shop frontages plus first floor offices with a large balcony plus onsite carparking at the rear.

The property is leased to two longstanding tenants:

43 Ferguson St: Wilckens Roche Lawyers
Rent: $84,393.65 per annum plus GST
Annual CPI increases except at the commencement of the further terms where there shall be a market review
(Note: Market review in July 2023)

45 Ferguson St: Nail salon
Rent: $28,878.74 per annum plus GST
Annual CPI increases except at the commencement of the further terms where there shall be a market review
(Note: Market review in July 2023)

Based off recent lettings in the area it is our opinion you could achieve significant uplift in the current rental income.

Commercial 1 zone.

Amazing future development upside and potential to activate the rear of the property.

James Gregson Commercial
James Gregson Commercial
Suite 2, Level 6, 330 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold15 May 2023
Floor Area400 m²
Land Area365 m²
Energy0-star NABERS Energy rating
Parking4 x Onsite parkings
Property ID2018153720
Category
 Shop & Retail
 Offices
Last updated  15 May 2023
Map for 43-45 Ferguson Street Williamstown VIC 3016

Nearest transport* to 43-45 Ferguson Street Williamstown VIC 3016

Bus
Train
Tram
Ferry
Maclean St/Ferguson St (Williamstown)33 m
Coxs Gdn/Ferguson St (Williamstown)113 m
Ferguson Street Pier/Ferguson St (Williamstown)147 m
Ferguson Street Pier/Ferguson St (Williamstown)183 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
 *Within a 4km radius
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nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Fibre to the Node
James Gregson Commercial
James Gregson Commercial
Suite 2, Level 6, 330 Collins Street
Melbourne, VIC 3000

Property Highlights

Date Sold15 May 2023
Floor Area400 m²
Land Area365 m²
Energy0-star NABERS Energy rating
Parking4 x Onsite parkings
Property ID2018153720
Category
 Shop & Retail
 Offices
Last updated  15 May 2023

Co-Agents

Martin Huang
Martin Huang
James Gregson Commercial
Call
0416 161 166
James Gregson
James Gregson
James Gregson Commercial
Call
0421516480

Enquire about this property

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            More about 43-45 Ferguson Street Williamstown VIC 3016

            43-45 Ferguson Street Williamstown VIC 3016 is categorized as Shop & Retail Property. It has a floor area of 400 m² and a land area of 365 m². There are 4 x onsite parkings.The listing ID for this property is 2018153720.

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