A prime site offering strong holding income and significant future development potential in the heart of Footscray
33 Albert Street, 76 Irving Street and 150-168 Nicholson Street, Footscray, comprises three interconnected buildings on a substantial land parcel across four titles. Anchored by global retailer, Savers Australia, the property benefits from a diverse tenancy profile with a mix of retail, education and service tenants.
The offering is located within a precinct undergoing significant renewal and is therefore exceptionally well placed for a variety of development uses (mixed-use, residential, health or commercial (STCA)).
Key highlights include:
*Approx.
Two undeveloped land parcels within the Officer Town Centre precinct. Positioned immediately south of approved Stage 1, the sites represent the logical continuation of the Officer Town
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Two development sites (subject to subdivision) forming part of the Officer Town Centre. Permit approved for mixed-use, townhouse and commercial use.
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An outstanding opportunity catering to diverse strategies be it repurposing for alternative commercial uses or unlocking its full potential through mixed-use redevelopment (STCA).
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