$2,750,000 - $3,000,000
3 Bed • 1 Bath • 4 Car • 316m²
New
45-47 Napier Street, Footscray VIC 3011
$2,750,000 - $3,000,000
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What's around Napier Street
House description
“Prominent Corner Site - Activity Centre Zone”
This exceptional corner site is located just a short stroll away from Footscray train station and Maribyrnong River, and boasts prominent main road exposure, presenting a wealth of opportunities.
Current approved town planning permit for the construction of a 6 level mixed use development comprising of 12 x residential apartments and 1 office/retail space on the ground floor.. **PDF copies of plans available upon request**
The existing property comprises of two buildings on a single title, each with its own entrance, featuring 1 x retail shop and 2 x residential units currently leased for $20,856 and $18,252 respectively.
The existing ground floor retail space is vacant and currently advertised for lease at $35,000 per annum - combined total potential return - approximately $73,000 per annum.
A superb opportunity to secure a top-quality property just minutes away from the CBD (Docklands is approximately 2.5km away).
Key features include:
Only 300m* away from Footscray Station
Land Size: 316m2*
Two street frontages - Napier Street/Cowper Street
*approx.
DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD,
SUNSHINE, VIC, 3020
Property features
Toilets: 2
Land details
Documents
What's around Napier Street
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Contact the real estate agent
Francis (thanh) Vuong
Douglas Kay Real Estate
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