{"Slug":"apartment-813-1-warde-street-footscray-vic-3011-2","CanonicalUrl":"https://realsearch.com.au/apartment-813-1-warde-street-footscray-vic-3011-2","Address":"813/1 Warde Street, Footscray, Vic 3011","Suburb":"Footscray","State":"VIC","Postcode":"3011","PropertyType":"Apartment","Status":"Sold","Headline":null,"Description":"Why Park Capital in the Bank Earning ~4% When You Can Secure an 8.15% Return?Perched on Level 8 of the completed Liberty One landmark tower (developed by Bensons Property Group), Unit 813 presents an unmatched cash-flow vehicle for high-yield, SMSF, and equity-building investors. At an accessible price guide of $300,000 and an active rental return of $470 per week, this property delivers immediate income while keeping entry capital minimal.Key Investment Pillars:1. Massive Cash-Flow Performance: Generates an exceptional 8.15% gross yield and 6.65% net yield—dramatically outperforming Melbourne’s inner-city unit average (~5.2%) and traditional cash accounts.2. Low-Vacancy Transit Precinct: Positioned just 200 meters from Footscray Station, making the lack of a car space non-existent for commuters with fast train access directly into the CBD.3. High-Demand Medical & Academic Hub: Moments from the $1.5B Footscray Hospital medical precinct and Victoria University, securing a continuous tenant pool of healthcare professionals, academic staff, and students.4. World-Class 'Liberty One' Facilities: Designed by CHT Architects and Elenberg Fraser, Liberty One offers luxury lifestyle infrastructure that drives tenant retention:         - Open-air rooftop recreation area with outdoor cinema and dining facilities         - Fully equipped state-of-the-art gym, open-air yoga space, and meditation zone         - Exclusive residents' dining room, lounge, and shared library/business centre         - Ground-floor retail, café, and bike storageTax Depreciation Benefits: Modern construction standards provide tax depreciation allowances on plant, equipment, and building structure to further minimize taxable income.Investor AlertWhether expanding an existing portfolio or deploying SMSF capital into a high-yielding tangible asset, Unit 813 offers positive cash flow with minimal ongoing upkeep.Contact us today to receive the full financial overview or to arrange a private inspection.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact agent"},"Bedrooms":null,"Bathrooms":"1","Parking":null,"Features":[{"Name":"Bathrooms","Value":"1"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.79944726,"Longitude":144.90751476,"Agent":{"Name":"Candy Tang","CanonicalUrl":"https://realsearch.com.au/agent/candy-tang"},"Agency":{"Name":"Lifein Real Estate - Melbourne","CanonicalUrl":"https://realsearch.com.au/agency/lifein-real-estate-melbourne"},"CreatedAt":"2026-06-26T11:04:03.7623311","UpdatedAt":"2026-09-25T07:01:23.3383256"}