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  • 117 Nicholson Street, FOOTSCRAY, VIC 3011

117 Nicholson Street, Footscray, VIC 3011

  • 5 Bed
  • 2 Bath

Sold

Sold for $1,350,000 (Jun 07, 2022)

CENTRAL OPPORTUNITY WITH HUGE POTENTIAL!

Situated in hart of Footscray within walking distance to all the facilities is this solid built dwelling. Building offers shop down stairs and 2 further apartments on 2 separate levels all being on one title therefore must be sold together as one. Ground Floor shop is currently tenanted being used as a hair dressing salon returning $3,042.15 Monthly Incl GST in rent. Also offered for sale on ground floor is combined living, kitchen/ meals area and bathroom facility as well. First floor offers fully updated 2 bedroom apartment with modern central bathroom, separate living zone and updated kitchen. Second floor offers updated 2 bedroom plus study/ 3rd bedroom apartment with modern central bathroom, separate laundry facility, spacious living zone, updated kitchen and an outside balcony/rooftop. Potential to receive in excess of $60,000 approx combined rent per year for whole building. For further information regarding 117 Nicholson Street please contact Monica Luu 0421 034 166 or Raine & Horne St Albans 9367 9888.

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avatar Monica (Nhung) Luu
Monica (Nhung) Luu
Licensed Estate Agent
avatar Bojan Lojanica
Bojan Lojanica
Director, OIEC & Licensed Estate Agent

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Property Info:
  • Property ID: L15933704
  • Property Type:Block of Units
  • Building / Floor Area:116 sqm
  • Land Area:150 sqm

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R&H Suburb Profile: Footscray
R&H Suburb SummaryHouses
Number of sales113
Average Price$981,249
Median Price$931,500
Median Rental Price$550 p.w.
Change in Rental Rate (5yr)17 %
R&H Suburb SummaryUnits
Number of sales279
Average Price$494,779
Median Price$500,000
Median Rental Price$460 p.w.
Change in Rental Rate (5yr)31 %
Median Trend - $931,500

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