Beat Bank Savings Rates: $470/Wk Return | $300,000 Price Point at 1 Warde Street
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 yielddramatically 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 storage
Tax Depreciation Benefits: Modern construction standards provide tax depreciation allowances on plant, equipment, and building structure to further minimize taxable income.
Investor Alert
Whether 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.
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