3 First Street

West Footscray VIC 3012

A rare opportunity now exists to secure this magnificent secure boutique investment portfolio in the heart of convenient inner city living. Approximately 7km from Melbourne's CBD and perfectly positioned between Tottenham and West Footscray train stations, major arterial roads, Barkly Place, Central West shopping precinct and a range of retail, dining and supermarket options is this low rise two level apartment block with a blend of 4 x two bedroom apartments and 2 x one bedroom apartments. Consisting of good size lounge rooms with balconies, well-proportioned bedrooms with built in robes, central bathrooms and kitchens with meals areas. Includes laundry facilities and separately accessory titled off street parking at rear. With scope to further improve and renovate should you be wanting to dramatically increase returns and individual values, they are currently all leased on periodical tenancies returning $60,000 per annum with long term tenants, however true potential rental return in its current condition would be in excess of $90,000 per annum making it the perfect investment to secure your future.