2a & 2b/11 Leeds Street, Footscray VIC 3011

Property Description

Retail Investment For Sale – Going Concern

2a & 2b/11 Leeds Street, Footscray VIC 3011

A rare opportunity to purchase a securely leased dual-tenancy retail asset in the heart of Footscray’s high-traffic commercial precinct. 

This fully leased investment is to be sold as a going concern, delivering immediate rental income from two established tenants. 

Located on busy Leeds Street, the property benefits from strong pedestrian activity and a vibrant retail mix surrounding it. Suited to investors seeking long-term security and growth in one of Melbourne’s most culturally diverse and evolving inner-west locations. 

Key Property Details: 

• Total floor area: 90m²* across two retail tenancies 

• Zoning: Activity Centre Zone 1 

• Fully leased to: 

• Footscray Lucky Lotto: Lease commenced 1 July 2023 – 4x4x4 – $29,705 p.a. + GST 

• Optometrist: Lease commenced 5 November 2022 – 3×3 – $42,706.36 p.a. + GST 

• Fixed 3% annual rental increases 

• To be sold as one retail investment 

• Inspection strictly by appointment 

Location Highlights: 

• Prime Leeds Street frontage with strong foot traffic 

• Surrounded by local institutions, food outlets, service retailers and national brands 

• A proven retail position in Footscray’s rapidly growing urban corridor 

• Excellent exposure and consistent rental demand 

All things commercial and industrial real estate 

Need a Melbourne commercial property leased, sold or an asset managed? Contact us today on 03 9318 2233 to discuss your commercial property portfolio needs.