39 Victoria Street, Footscray, Vic 3011

Whether you are looking for a sound investment or a potential re-development opportunity (STCA) the choice is yours. Appealing to the astute investor or the savvy developer, you can let this money machine tick along for you. Perfectly positioned in the heart of Footscrays most loved precinct on 500sqm of land (approx) is this double front weatherboard home consisting of 5 bedrooms, communal kitchen and laundry facilities, with four self-contained units at the rear. The current investment returns $81,000 gross income per annum (approx), with each unit on a separate leasing arrangement. Located within a few minutes walk to Footscray train station, Barkly Street cafes and restaurants as well as providing easy access to CBD via Footscray Road, the location certainly matches this unique real estate investment in the inner west.