
Added 5 days ago
40 Leeds Street,
Footscray, VIC 3011
Shops & Retail • Development Sites & Land
Added 5 days ago
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$154,131
Number of Tenants
4 Tenants
Auction
Private inspections
to arrange a private inspection.
Colliers - Essendon Fields
Suite 1, 6 English StreetESSENDON FIELDS, VIC 3041

40 Leeds Street
Footscray, VIC 3011
Map of 40 Leeds Street
Train stations within 5 km of 40 Leeds Street, Footscray, VIC 3011 Distance Footscray Station 137 m Middle Footscray Station 848 m Seddon Station 1 km West Footscray Station 1.5 km Flemington Racecourse Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 40 Leeds Street, Footscray, VIC 3011 Distance 63-Footscray Market/Leeds St (Footscray) 54 m 63-Leeds St/Hopkins St (Footscray) 75 m 62Nicholson StHopkins St Footscray 118 m 62-Nicholson St/Droop St (Footscray) 145 m 61-Geelong Rd/Droop St (Footscray) 612 m POWERED BY HERE ©Bus stops within 5 km of 40 Leeds Street, Footscray, VIC 3011 Distance Hopkins StLeeds St 44 m Leeds StPaisley St 90 m Leeds St/Hopkins St (Footscray) 100 m Nicholson StPaisley St 127 m Nicholson StDroop St 189 m POWERED BY HERE ©
POWERED BY HERE ©
Prominent Corner Freehold in Core of Footscray CBD
- 4 tenancies with 3 street frontages
- Returning $154,131* pa plus GST
- Within strategic gentrification precinct
Colliers Melbourne North West are delighted to offer 40 Leeds Street, Footscray for sale by Public Auction on Friday 6th March at 1pm on-site.
Key investment highlights:
• 100% leased investment returning $154,131* per annum plus GST
• Well-presented two-level building comprising four separate self-contained tenancies with street access and lift to first floor
• Strategic corner landholding of 324sqm* positioned in the core of Footscray CBD’s retail, lifestyle and education precinct
• Three street frontages totalling 51 meters* to Leeds Street, Chambers Street and Grand Theatre Circuit
• Within favourable Activity Centre Zone – schedule 1
• Surrounded by a vibrant mix of tenants including Westpac Bank, ANZ, Coles, Kmart, specialty retailers and eateries
• Underpinned by major healthcare providers along with thousands of apartment towers offering strong future investment growth prospects
• Positioned between two Victoria University campuses and Footscray market further enhancing the area’s trade catchment
• Significant government spending throughout the suburb with one of Victoria’s largest ever health infrastructure projects – the new $1.5 billion Footscray Hospital only 600 meters* north
• Serviced by outstanding amenities including Footscray Train Station 100 meters* and trams / bus networks at the doorstep
• Excellent connectivity to major linkages including Ballarat, Dynon and Footscray Roads and the newly opened Westgate tunnel
• Tenants pay all usual outgoings as per the lease
• Unmissable opportunity with strong future upside and rental growth prospects
For more information or to arrange an inspection please contact the exclusive selling agents Colliers:
Ervin Niyaz 0404 808 3...
Travis Keenan 0412 120 9...
Key investment highlights:
• 100% leased investment returning $154,131* per annum plus GST
• Well-presented two-level building comprising four separate self-contained tenancies with street access and lift to first floor
• Strategic corner landholding of 324sqm* positioned in the core of Footscray CBD’s retail, lifestyle and education precinct
• Three street frontages totalling 51 meters* to Leeds Street, Chambers Street and Grand Theatre Circuit
• Within favourable Activity Centre Zone – schedule 1
• Surrounded by a vibrant mix of tenants including Westpac Bank, ANZ, Coles, Kmart, specialty retailers and eateries
• Underpinned by major healthcare providers along with thousands of apartment towers offering strong future investment growth prospects
• Positioned between two Victoria University campuses and Footscray market further enhancing the area’s trade catchment
• Significant government spending throughout the suburb with one of Victoria’s largest ever health infrastructure projects – the new $1.5 billion Footscray Hospital only 600 meters* north
• Serviced by outstanding amenities including Footscray Train Station 100 meters* and trams / bus networks at the doorstep
• Excellent connectivity to major linkages including Ballarat, Dynon and Footscray Roads and the newly opened Westgate tunnel
• Tenants pay all usual outgoings as per the lease
• Unmissable opportunity with strong future upside and rental growth prospects
For more information or to arrange an inspection please contact the exclusive selling agents Colliers:
Ervin Niyaz 0404 808 3...
Travis Keenan 0412 120 9...
Footscray, 3011 demographic data
The median household income for Footscray is $1,763, 7% lower than Greater Melbourne's household income of $1,901. Footscray has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 63% of property owners in Footscray have a mortgage.
17,131
Population
$1,763 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
Colliers - Essendon FieldsSuite 1, 6 English Street
ESSENDON FIELDS, VIC 3041
ESSENDON FIELDS, VIC 3041
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