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5A Kinnear Street, Footscray, Vic 3011-Image

5A Kinnear Street, Footscray, Vic 3011-Floorplan

BigginScott - Maribyrnong & Moonee Ponds

5A Kinnear Street, Footscray, Vic 3011

$2,650,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

947 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 5A Kinnear Street, Footscray, Vic 3011)

$2,650,000

View the agent price guide.

Amanda Basilone - Real Estate Agent - BigginScott - Maribyrnong & Moonee Ponds

Amanda Basilone Director/Licensed Estate Agent

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Simon Gray - Real Estate Agent - BigginScott - Maribyrnong & Moonee Ponds

Simon Gray Senior Property Consultant

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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 versatile and substantial block of ten apartments in the highly sought-after Footscray precinct, offering immediate income and future redevelopment potential.

🏡 Property Highlights

Rare opportunity to acquire an entire block of ten apartments in Footscray.
Impressive 947sqm land size with approximately 24.9m frontage.
Strong existing income of approximately $180,000 annually.
Mix of one and two-bedroom residences with built-in robes throughout.
All current leases are month-to-month, with three units vacant for flexible use.
Prime location close to cafés, public transport, Victoria University, and Footscray Hospital.

✨ Key Features

Built-in Robes
Open-Plan Living
Garage
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Footscray, VIC 3011

Footscray is a vibrant inner-west suburb renowned for its multicultural community, thriving café and dining scene, excellent public transport links, proximity to Victoria University and Footscray Hospital, and ongoing growth and investment opportunities. Its strategic location offers residents and investors a dynamic lifestyle with easy access to Melbourne’s CBD and major amenities, making it one of Melbourne’s most desirable and rapidly evolving suburbs.

Frequently Asked Questions

What is the current rental income and occupancy status of the property?

The property currently generates approximately $180,000 annually, with all leases on month-to-month agreements and three units vacant, providing flexibility for new owners.

Are there any development or redevelopment restrictions on the property?

Potential redevelopment is subject to council approval (STCA), offering future scope for renovation, repositioning, or redevelopment.

What are the zoning details and land use regulations for this property?

The property is situated in a zone that allows for multiple residential uses, with potential for future development subject to local council regulations.

Are there any known issues or defects with the property?

Based on available information, there are no known defects; a thorough inspection is recommended prior to purchase.

What are the nearby amenities and transport options?

The property is close to Footscray’s cafés, dining scene, public transport, Victoria University, Footscray Hospital, and Highpoint Shopping Centre, providing excellent convenience.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance fees associated with the property? Has the property been assessed for flood or bushfire risks in the area? Are there any zoning restrictions or easements that could impact future development plans? Is there any ongoing or planned construction nearby that could affect the property’s value or livability? What are the strata or body corporate arrangements, if applicable, and associated costs? Are there any noise or neighbourhood issues that could affect living or investment prospects? Has the property been inspected for structural issues or pest infestations? Are there any restrictions on leasing or sub-leasing the apartments? What are the council’s future development plans for the area that could influence property value? Is there any history of flooding or environmental hazards on the land?

5A Kinnear Street, Footscray, Vic 3011 - More Details

$2,650,000

Positioned in one of Melbourne's most rapidly evolving inner-west pockets, This property presents a rare opportunity to secure an entire block of ten apartments on approximately 947sqm with an impressive 24.9m (approx) frontage and strong existing income already in place.

Comprising a mix of one and two-bedroom residences, the property delivers immediate rental return alongside outstanding future flexibility. With all current leases on month-to-month agreements and three units vacant, buyers have the unique advantage of generating income from day one while retaining the freedom to renovate, reposition, re-lease or explore longer-term redevelopment potential (STCA).

The block includes:

Ten apartments in total, INDIVIDUALLY TITLED (Strata Titled)
TWO spacious two-bedroom apartments
EIGHT one-bedroom apartments
Ten open car spaces - INDIVIDUALLY TITLED
Built-in robes throughout
Combined annual return of approximately $180,000 per annum

Opportunities of this scale are becoming increasingly difficult to secure throughout Melbourne's inner west, particularly within a location as consistently in demand as Footscray. Positioned moments from Footscray's thriving cafés and dining scene, public transport, Victoria University, Footscray Hospital precinct, Highpoint Shopping Centre and only minutes from the CBD, the property sits within a suburb that continues to experience significant growth and investment.

Whether you're an investor seeking strong holding income, a developer looking for future scope, or a buyer searching for a substantial landholding in a blue-chip inner-west location, this is a property with flexibility written all over it.

A rare combination of land, income and long-term opportunity - all in one strategic Footscray address.

Type: Block Of Units
Bedrooms: 12
Bathrooms: 10
Parkings: 10
Area: 947 m²

Price guide

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5A Kinnear Street, Footscray, Vic 3011

$2,650,000

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