Rare Footscray Freehold – Ex‑Church, Now Leased to MS. Income Today, Development Tomorrow (STCA)

210-212 Nicholson Street, FOOTSCRAY VIC 3011

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Car Spaces

0

Land Size

705.0 m2

Property Type

Medical/ConsultingOfficesRetail

Property Description

210–212 Nicholson Street, Footscray – Private Sale

FPG Commercial proudly presents this rare freehold opportunity in Footscray’s Activity Centre. Formerly a church, now leased to Multiple Sclerosis (MS) – a top‑rated wellbeing tenant – delivering immediate rental income with future development potential (STCA).

Key features:
• 705 sqm* landholding with future development potential (STCA)
• Quality offices, boardrooms, breakout spaces & wellbeing gym
• Fully air‑conditioned, wheelchair accessible, modern amenities
• Secure lease: 5 years + 3-year option
• Current net rental: $185,763.49 + GST
• Commenced: 4 April 2022 – 3 April 2027
• Fixed 3% annual increases + market review at option
• Prime location – 300m* to Footscray Station, close to Plaza, Barkly St Mall & Victoria University
• Surrounded by major infrastructure projects including the new Footscray Hospital & West Gate Tunnel

Investment Advantage
• Immediate income from a prominent wellbeing tenant
• Strong growth via fixed rental increases
• Strategic location surrounded by major infrastructure projects including the new Footscray Hospital & West Gate Tunnel

Act now to secure this rare freehold investment.

Arrange your private inspection today with Kizzy – 0488 202 971.

*Approximate measurements

Property Details

Land Size

Car Spaces

705.0 m2

0

Property Type

Property Status

Medical/ConsultingOfficesRetail

For Sale

Address

Floor Plans

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Kizzy Okoukoni
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