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James Gregson Commercial - MELBOURNE

2/8-18 Ferguson Street Williamstown, VIC 3016

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2/8-18 Ferguson Street,
Williamstown, VIC 3016

Shops & Retail • Other

Key property information

Floor area

Car spaces

Tenure type

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James Gregson Commercial - MELBOURNE
James Gregson

James Gregson Commercial - MELBOURNE

330 Collins St
MELBOURNE, VIC 3000
04215164...
James Gregson Commercial - MELBOURNE
2/8-18 Ferguson Street
Williamstown, VIC 3016

Map of 2/8-18 Ferguson Street

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A Cut Above The Rest

  • Affordable Investment
  • Prime Retail Location
  • Circa $700,000 Buyers
• Ideal For SMSF
• High Quality Tenant Fit Out
• New 3x3x3 Year Lease

This property presents a superb opportunity to purchase an affordable retail investment, complete with all the key investment criteria and superbly positioned in Williamstown premiere strip retail and lifestyle precinct. The property is part of a large high quality mixed use development which consists of Punt Hill Hotel, Trenery and Country Road.

Situated in a thriving and highly sought-after retail precinct surrounded by many prominent retailers and hospitality venues. Ideally located 6km from the Melbourne CBD and just a short stroll to the Williamstown waterfront with numerous public transport facilities on your doorstep. The building also consists of significant on site parking.

Commercial 1 Zone

Lease details:

Leased to Salon Twentythree
- Current rent $33,000 per annum plus GST plus outgoing
- Lessee pays all outgoings
- Lease terms: 3x3x3 years commenced on 1st February 2022
- Fixed annual rent increases of 4% with market review

Please do not hesitate to contact exclusive selling agents with any queries or to arrange a private inspection.

Williamstown, 3016 demographic data

The median household income for Williamstown is $2,411, 27% higher than Greater Melbourne's household income of $1,901. Williamstown has an older age profile compared to the rest of Greater Melbourne (median age 45 vs 37). Property ownership data shows 45% of property owners in Williamstown have a mortgage.

14,407
Population
$2,411 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households

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