5 Lot Available SMSF FIRB

11 Waiora Parade

Melbourne, West Footscary, VIC, 3012,

$855,000 - $1,085,000

2 - 3 Beds
2 Bath
1 - 2 Garage

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*

West Footscray, located about 8 km west of Melbourne's CBD, is a dynamic and culturally diverse suburb that has grown in popularity in recent years. Historically working-class, the area has undergone significant gentrification, attracting young professionals, families, and creative types due to its affordability compared to inner-city suburbs, its vibrant character, and its proximity to the city.

West Footscray offers a variety of local amenities that cater to different tastes and lifestyles. The suburb is home to several parks and recreational spaces, including Johnson Reserve and Hansen Reserve, which are popular for sporting activities, playgrounds, and picnics. The West Footscray Community Centre provides a hub for local activities, workshops, and events, fostering a strong sense of community. Barkly Street is one of the main streets in West Footscray, lined with cafes, eateries, and specialty stores that reflect the suburb’s multicultural makeup, with an array of Indian, Vietnamese, and African food options.

Shopping in West Footscray is convenient, with the Central West Shopping Centre offering supermarkets, retail stores, and essential services. For more extensive shopping, residents can head to the nearby Highpoint Shopping Centre in Maribyrnong, which is one of the largest shopping malls in Melbourne, providing a wide range of retail, dining, and entertainment options. The local Footscray Market also draws in residents and visitors alike, known for its fresh produce, seafood, and international food stalls.

In terms of education, West Footscray is served by a mix of public and private schools. West Footscray Primary School is well-regarded by locals for primary education, while Footscray High School provides secondary schooling. There are also several early childhood education centres and kindergartens in the area, making it an attractive suburb for families with young children. Additionally, Victoria University has a campus in nearby Footscray, offering tertiary education and vocational training.

Transportation is one of the strengths of West Footscray. The suburb is well-served by public transport, with West Footscray and Tottenham railway stations providing easy access to Melbourne’s CBD and other parts of the city via the Sunbury line. Bus routes also run through the suburb, connecting residents to nearby areas like Yarraville, Seddon, and Footscray. For those driving, the suburb's location near major roads such as the Princes Highway and the West Gate Freeway makes commuting to the city or further west a breeze.

Rent Weekly $650
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 3.12%
Land Registration
Land Size 142.7m²
House Size 69.70m²

Rent Weekly $450
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 2.46%
Land Registration
Land Size 148.2m²
House Size 37.40m²

Rent Weekly $450
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 2.57%
Land Registration
Land Size 126.1m²
House Size 25.00m²

Rent Weekly $450
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 2.74%
Land Registration
Land Size 115.9m²
House Size 25.00m²

Rent Weekly $450
Rent Monthly NA
Rent Yearly NA
Rental Yield Return 2.57%
Land Registration
Land Size 126.8m²
House Size 51.00m²

Chris B1

0414 274 357