104 Hopkins Street, Footscray VIC
• Land size: 117m² approx. with rear laneway access.
• Building size: 115m² approx.
• Current rent: $61,922.69 p.a. + GST + outgoings to an established tenant who has occupied the building for more than 20 years.
• Note that the lease expires 30/04/2027 with no options. Investors, this means a strong future negotiating position. Owner-occupiers - when will the next opportunity in this position present itself?
• Activity Centre Zone (ACZ).
Off the back of Melbourne's West becoming a world-class industrial and logistics mecca, offering unparalleled transport linkages with the completion of the tunnel project and freeway network, direct access to both airports, intermodal rail freight, and superior access to the Ports of Melbourne and Geelong, together with vast population growth as new Australians choose the West. There is a significant likelihood of capital appreciation, even more so when you factor in that this property is positioned within Footscray's vibrant mixed commercial hub, only 4 km from the CBD.
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