Auction:
Thursday 23rd July, 1:00pm
316 m²
Auction:
Thursday 23rd July, 1:00pm
316 m²
An outstanding income-producing opportunity in the heart of Footscray’s growth corridor, offering secure holding income today with strong future upside.
This corner property at 45–47 Napier Street comprises two separate buildings with a flexible mixed-use configuration, including residential accommodation and retail components.
Investment highlights:
-Established combined rental income of approximately $39,000 per annum
-Multiple existing residential and retail tenancies providing diversified income
-One additional vacant retail tenancy currently being marketed, with an estimated potential rental value of around $40,000 per annum
-Prominent corner position with strong street exposure and excellent visibility
-Positioned within a high-demand inner-west precinct with ongoing growth and development activity (STCA)
With a solid income base already in place and further leasing upside available, this property represents an ideal opportunity for investors seeking stability, flexibility, and long-term capital growth potential.
For further information or to arrange an inspection, please contact the exclusive selling agent.
Disclaimer: All information and illustrations are provided for marketing purposes only and do not constitute any representation by the agent or vendor. While every effort has been made to ensure accuracy, no warranty is given. Interested parties should make their own enquiries and rely on their own due diligence.