Invest with confidence in this well-appointed, oversized one-bedroom apartment (approx. 58 sqm) located in the award-winning Cowper Residences, a premium development next to Footscray Train Station. Boasting a fixed-term lease, this is a secure, turn-key investment opportunity with excellent income stability and minimal ongoing costs.
Delivering a solid 6.95% gross annual rental yield, this apartment enjoys strong rental demand, thanks to its attractive layout, high-end finishes, and unbeatable location just 4km from Melbourne's CBD.
Key Investment Features:
- Securely leased at $2,086/month
- Still in almost new conditions (3 years old), maximising depreciation potential
- Low outgoings and high rental return
- Low vacancy rates in a suburb with high 1-bedroom demand
- Quick and easy access to train, tram, and bus transport hub (100m to Footscray Station)
- Proximity to Victoria University, Footscray Hospital, and Footscray Market
- Surrounded by vibrant cafes, restaurants, Coles, Kmart, and more
- Easy connectivity to the CBD and inner-west lifestyle precincts
Interior Highlights:
- Spacious open-plan living with timber floors and abundant natural light
- Designer kitchen with Miele appliances, gas cooktop, stone benchtops, and integrated dishwasher
- Large bedroom with BIR, triple-glazed windows for peace and quiet
- Stylish bathroom with rain shower, European laundry
- Covered balcony for year-round outdoor enjoyment
- Fujitsu split-system heating/cooling, secure intercom, and access to 24-hour gym
Key Investment Potential:
Footscray's growth is accelerating, with over $1.5 billion invested in the new Footscray Hospital (due 2025) and the upcoming Melbourne Airport Rail Link, set to significantly boost infrastructure, employment, and rental demand.
This is a rare opportunity to acquire a secure, high-yielding property in one of Melbourne's fastest-growing and best-connected suburbs.
Enquire now for an investor pack or to arrange a private inspection.
