5A Kinnear Street, Footscray, Vic 3011

$2,650,000

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

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

$2,650,000

Amanda Basilone Director/Licensed Estate Agent
Simon Gray Senior Property Consultant
  • 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

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.

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.
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

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

Price guide

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