Back 5A Kinnear Street
Off Market

5A Kinnear Street

Footscray VIC 3011

12
10
10
947 m²
Block of units
Last sold for $2,650,000
Amanda BasiloneAmanda Basilone, last sold this property on 29 June 2026 after 20 days on market.

Overview

Prime Location, Future Possibilities

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.

Features

12 bedrooms
10 bathrooms
10 carspaces
10 open car spaces
947 m² lot size
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Footscray over the last 12 months.

Property history for 5A Kinnear Street

2026
Sold
$2,650,000
29 Jun 2026 by Amanda Basilone, of BigginScott Moonee Ponds

Happy sellers in Footscray

79%
79% of sellers in Footscray reported that their sale price either exceeded or met their price expectations.

Footscray stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 98 reviews in Footscray over the last 12 months.

Local market activity for 12 bedroom block of units in Footscray

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