605/1 Warde St, Footscray is a 2 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 3488m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Boasting elegant and sophisticated interiors with a modern edge, fantastic natural light, and a position in the exclusive 'Liberty One' complex, which provides access to the best of Footscray and the nearby CBD, this sublime 2-bedroom, 2-bathroom apartment is an inner-city prize.
Exquisite timber floors make a striking statement throughout the central living zone, which features designated spaces for lounging and dining. The kitchen is a model of sleek style and boasts beautiful stone finishes, a handy breakfast bar, and stainless steel appliances. For all your outdoor entertaining needs, you must experience the balcony (accessible via the living zone), which offers westerly views that will never grow tiresome.
There is a second balcony off the master bedroom, providing alfresco flexibility, while the bedroom also enjoys a study nook with a desk, built-in robe, and pristine ensuite. Additional property features include a second bedroom with built-in robe, a beautiful bathroom, double-glazed windows, split-system heating and cooling, secure intercom entry, a storage cage, and a secure car space.
'RETURN ON INVESTMENT'
Currently leased at $615 per week with an initial term of approximately 3 years remaining, and an option for 5 years across 4 terms, this property represents a great investment opportunity. The lease includes a 3.5% annual increase, which calculates to a 5.5% ROI. Owner-occupiers will need to provide 90 days' notice if occupancy is required.
Residents of Liberty One will also enjoy access to a rooftop open-air cinema, gym, and indoor/outdoor dining and lounge facilities. The rooftop features spectacular views, including the city skyline. In terms of location, you are very close to the Maribyrnong River Trail and nearby scenic parklands, Barkly Street restaurants and shops, Footscray Market, Victoria University, schools, buses, trams, and Footscray Station.
The size of Footscray is approximately 5.0 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2016 was 16345 people. By 2021 the population was 17131 showing a population growth of 4.8% in the area during that time. The predominant age group in Footscray is 30-39 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation.In 2021, 41.30% of the homes in Footscray were owner-occupied compared with 36.60% in 2016.
Footscray has 14,912 properties. Over the last 5 years, Houses in Footscray have seen a 6.80% increase in median value, while Units have seen a 2.86% increase. As at 31 December 2025:
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