218/51 Gordon Street, Footscray, Vic 3011-Image

For Sale

218/51 Gordon Street, Footscray, Vic 3011

$126,000

Apartment

Type

Bedrooms

Bathrooms

Published on Friday, May 01, 2026 ( See property details for 218/51 Gordon Street, Footscray, Vic 3011)

$126,000

View the agent price guide.

Joshua Lowman - Real Estate Agent - McGrath - Yarraville

Joshua Lowman Sales Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary, low-maintenance studio apartment in a prime Footscray location, ideal for investors seeking high yield and lifestyle convenience.

🏡 Property Highlights

Prime location just five minutes' walk to Victoria University and Footscray Hospital
Contemporary building designed for student accommodation
High rental yield with current return of $1085 per month
Low-maintenance investment with on-site management
Excellent access to public transport, shops, cafes, and entertainment
Functional studio layout with separate bathroom and modern kitchen

✨ Key Features

Open-Plan Living
Security Screens / Gates
Intercom
NBN / High-Speed Ready
Built-in Robes
External Laundry
Ceiling Fans
Pet-Friendly
Low-Maintenance Yard
Waterfront / Views

Suburb and Property Insights of Footscray, VIC 3011

Footscray is a vibrant and diverse suburb renowned for its multicultural community, excellent transport links, and lively dining scene. It offers convenient access to shopping centres, parks, and educational institutions, making it an ideal location for students and investors seeking a dynamic lifestyle. The area boasts a strong rental market and ongoing development, ensuring long-term growth potential.

Frequently Asked Questions

What is the current rental income and potential for future growth?

The property currently generates a rental income of $1085 per calendar month, with potential for growth depending on market conditions and rental demand in Footscray.

Is the building suitable for student accommodation?

Yes, the building is designed for student accommodation, offering communal lounge and laundry facilities, and is located close to Victoria University.

What amenities are available nearby?

The apartment is within walking distance to supermarkets, cafes, restaurants, pubs, and public transport options including buses and trams, with easy access to Highpoint Shopping Centre and Footscray Market.

What are the maintenance requirements for this property?

As an apartment with on-site management, the property requires minimal maintenance, making it an ideal low-maintenance investment.

Are there any restrictions or fees associated with the building?

Details regarding strata fees or building restrictions should be confirmed with the managing body, but typically include maintenance and management costs.

What to ask about this property to agent?

Are there any upcoming planned renovations or developments in the building that could affect living conditions or costs? What are the strata or management fees, and what do they cover? Are there any restrictions on renting out the property or short-term rentals? Has the property been inspected for any structural or pest issues? Are there any easements, zoning restrictions, or planned infrastructure projects in the area that could impact future value? What are the flood or bushfire risks in the area, and are there any relevant safety measures? Is there any ongoing or planned construction nearby that could cause noise or disruption? Are there any additional costs for utilities or building management not included in the rental income? What is the history of the property's occupancy and rental demand? Are there any community or building rules that could affect pet ownership or other lifestyle aspects?

218/51 Gordon Street, Footscray, Vic 3011 - More Details

$126,000

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

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218/51 Gordon Street, Footscray, Vic 3011 - Point Of Interest

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218/51 Gordon Street, Footscray, Vic 3011

$126,000

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