232 Nicholson Street, Footscray VIC 3011, Australia
Alternate search: Unit 2, 232 Nicholson Street.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sold | Mar 2025 | $233,000 | — |
The commercial property is listed at $233,000. This price reflects its location within the inner‑city suburb of Footscray.
The site is within 0.3‑0.5 km of Footscray railway station, which handles around 14,000 boardings per day, and several tram stops on Leeds Street and Nicholson Street. This provides easy access for customers and staff coming from Melbourne’s CBD and surrounding suburbs.
Footscray offers a vibrant multicultural shopping precinct, the Footscray Market, numerous restaurants and bars, and cultural venues such as the Footscray Community Arts Centre. Essential services like the post office and police station are also within 0.2‑0.3 km.
Footscray is an inner‑city suburb about 5 km west of Melbourne’s CBD, known for a diverse shopping area, thriving food scene, and increasing development and gentrification. The City of Maribyrnong has designated it as a Central Activities District, encouraging mixed‑use, CBD‑style growth.
Yes, the property's central position, high foot traffic from the nearby railway station and tram network, and proximity to a busy market and dining precinct make it well‑suited for retail, hospitality or service‑based operations.
The site is approximately 5 km (about 3 miles) west of Melbourne’s CBD, offering a short commute while benefiting from a distinct, vibrant local market.
The property falls under the City of Maribyrnong, which has identified Footscray as a Central Activities District. The council is supporting rapid development and mixed‑use projects that enhance the suburb’s commercial appeal.
