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1 Ormond Road 441 - 592 SF Retail Condo Units in West Footscray, VIC 3012
Investment Highlights
- Located at a prominent corner position with exposure along two major roadways.
- Accessible by multiple modes of transport, including local bus services and a nearby railway station.
- Comprising several newly built retail tenancies within a managed strata arrangement.
Executive Summary
The property is a contemporary retail complex situated on a lot of approximately 549 square meters within the Maribyrnong local government area. It consists of multiple ground-floor shopfronts configured for independent retail use. Shared services and communal areas are maintained under a strata arrangement, while access is provided via street-facing entrances along two frontages. The location is supported by established transportation infrastructure, including a bus stop within about 50 meters and West Footscray railway station at a distance of approximately 1.1 kilometers. The surrounding neighborhood is characterized by residential housing, educational facilities, and complementary commercial services.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
This property is part of a multi-tenancy retail development comprising several individual shop lots under a strata ownership structure. Each lot is separately titled, with common areas shared among owners and managed under an owners corporation. Shared elements such as exterior walls, roofing, and service infrastructure are subject to collective maintenance and contribution fees, in accordance with strata governance requirements.
Sale Notes
The offering includes retail tenancies within a newly constructed development located at the intersection of Geelong Road and Ormond Road in West Footscray. The property is designed to accommodate multiple occupiers under individual titles, making it suitable for both investors and owner-operators. It benefits from corner exposure, high vehicular traffic flow, and pedestrian visibility, supported by proximity to public transport and residential catchments. This configuration provides potential for long-term value growth through stable rental demand from hospitality, service, and specialty retail businesses.
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
This property is part of a multi-tenancy retail development comprising several individual shop lots under a strata ownership structure. Each lot is separately titled, with common areas shared among owners and managed under an owners corporation. Shared elements such as exterior walls, roofing, and service infrastructure are subject to collective maintenance and contribution fees, in accordance with strata governance requirements.
Sale Notes
The offering includes retail tenancies within a newly constructed development located at the intersection of Geelong Road and Ormond Road in West Footscray. The property is designed to accommodate multiple occupiers under individual titles, making it suitable for both investors and owner-operators. It benefits from corner exposure, high vehicular traffic flow, and pedestrian visibility, supported by proximity to public transport and residential catchments. This configuration provides potential for long-term value growth through stable rental demand from hospitality, service, and specialty retail businesses.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 441 SF | Retail | Upon Request | - |
| Unit 8 | 592 SF | Retail | Upon Request | - |
Unit 5
| Unit Size |
| 441 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
Unit 8
| Unit Size |
| 592 SF |
| Condo Use |
| Retail |
| Price |
| Upon Request |
| NOI |
| - |
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Photos
Street View
Street
Map
Unit 5
| Unit Size | 441 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| This property is part of a multi-tenancy retail development comprising several individual shop lots under a strata ownership structure. Each lot is separately titled, with common areas shared among owners and managed under an owners corporation. Shared elements such as exterior walls, roofing, and service infrastructure are subject to collective maintenance and contribution fees, in accordance with strata governance requirements.</li></ul> | |
| Sale Notes | |
| The offering includes retail tenancies within a newly constructed development located at the intersection of Geelong Road and Ormond Road in West Footscray. The property is designed to accommodate multiple occupiers under individual titles, making it suitable for both investors and owner-operators. It benefits from corner exposure, high vehicular traffic flow, and pedestrian visibility, supported by proximity to public transport and residential catchments. This configuration provides potential for long-term value growth through stable rental demand from hospitality, service, and specialty retail businesses.</li></ul> |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 8
| Unit Size | 592 SF |
| Condo Use | Retail |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| This property is part of a multi-tenancy retail development comprising several individual shop lots under a strata ownership structure. Each lot is separately titled, with common areas shared among owners and managed under an owners corporation. Shared elements such as exterior walls, roofing, and service infrastructure are subject to collective maintenance and contribution fees, in accordance with strata governance requirements.</li></ul> | |
| Sale Notes | |
| The offering includes retail tenancies within a newly constructed development located at the intersection of Geelong Road and Ormond Road in West Footscray. The property is designed to accommodate multiple occupiers under individual titles, making it suitable for both investors and owner-operators. It benefits from corner exposure, high vehicular traffic flow, and pedestrian visibility, supported by proximity to public transport and residential catchments. This configuration provides potential for long-term value growth through stable rental demand from hospitality, service, and specialty retail businesses.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,832 SF | Floors | 1 |
| Property Type | Retail | Typical Floor Size | 3,832 SF |
| Building Class | C | Lot Size | 0.14 AC |
| Total Building Size | 3,832 SF |
| Property Type | Retail |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 3,832 SF |
| Lot Size | 0.14 AC |
Amenities
- 24 Hour Access
- Signage
1 1
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1 Ormond Road
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