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12-18 Napier Street 721 SF Office/Retail Condo Units Offered at $361,850 Per Unit in Footscray, VIC 3011
Investment Highlights
- Residential terrace-style row comprising individually titled dwellings
- Large public parking area at the rear for customer convenience.
- Predominantly two-storey attached townhouses in an inner-city residential streetscape
- Within 500 meters of Footscray Railway Station and just 5 km from Melbourne CBD.
Executive Summary
12–18 Napier Street is a residential terrace-style row situated within the established inner-city suburb of Fitzroy. The street accommodates attached townhouses/dwellings of similar scale and form, typically arranged over two levels. Individual properties within the row are held on separate titles and vary in internal configuration, level of refurbishment, and accommodation.
2 Units Available
Unit 01
| Unit Size | 721 SF | Sale Type | Investment or Owner User |
| Price | $361,850 | Cap Rate | 3.84% |
| Price Per SF | $501.87 | NOI | $13,895.04 |
| Condo Use | Office/Retail | APN/Parcel ID | G01\PS817287 |
| Unit Size | 721 SF |
| Price | $361,850 |
| Price Per SF | $501.87 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.84% |
| NOI | $13,895.04 |
| APN/Parcel ID | G01\PS817287 |
Description
This property comprises a single-level retail/commercial space in Footscray’s CBD. It benefits from high pedestrian and vehicle visibility, nearby public parking, and strong access links via major arterial roads and rail services. The premises sits within an established high-density precinct undergoing rapid urban renewal.
Sale Notes
An outstanding opportunity to secure a high-exposure retail/commercial property in the vibrant heart of Footscray’s CBD. Perfectly positioned in a rapidly evolving precinct with major commercial developments, government-backed infrastructure projects, and strong population growth, this property promises significant investment appeal.
The premises offers a modern, flexible layout that suits a wide range of uses such as beauty services, massage therapy, dental practice, or medical consulting rooms. Abundant natural light creates an inviting atmosphere, ensuring a comfortable environment for clients and staff alike.
With close proximity to Footscray Railway Station and multiple public transport options, the location ensures convenience for visitors, while the thriving foot traffic and nearby retail complement future business growth and tenant demand.
Floor Plan
Unit 02
| Unit Size | 721 SF | Sale Type | Investment or Owner User |
| Price | $361,850 | Cap Rate | 3.84% |
| Price Per SF | $501.87 | NOI | $13,895.04 |
| Condo Use | Office/Retail | APN/Parcel ID | G01\PS817287 |
| Unit Size | 721 SF |
| Price | $361,850 |
| Price Per SF | $501.87 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.84% |
| NOI | $13,895.04 |
| APN/Parcel ID | G01\PS817287 |
Description
This property comprises a single-level retail/commercial space in Footscray’s CBD. It benefits from high pedestrian and vehicle visibility, nearby public parking, and strong access links via major arterial roads and rail services. The premises sits within an established high-density precinct undergoing rapid urban renewal.
Sale Notes
An outstanding opportunity to secure a high-exposure retail/commercial property in the vibrant heart of Footscray’s CBD. Perfectly positioned in a rapidly evolving precinct with major commercial developments, government-backed infrastructure projects, and strong population growth, this property promises significant investment appeal.
The premises offers a modern, flexible layout that suits a wide range of uses such as beauty services, massage therapy, dental practice, or medical consulting rooms. Abundant natural light creates an inviting atmosphere, ensuring a comfortable environment for clients and staff alike.
With close proximity to Footscray Railway Station and multiple public transport options, the location ensures convenience for visitors, while the thriving foot traffic and nearby retail complement future business growth and tenant demand.
Floor Plan
Property Facts
| Total Building Size | 81,332 SF | Floors | 6 |
| Property Type | Multifamily | Typical Floor Size | 13,552 SF |
| Property Subtype | Apartment | Lot Size | 0.35 AC |
| Building Class | C |
| Total Building Size | 81,332 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 6 |
| Typical Floor Size | 13,552 SF |
| Lot Size | 0.35 AC |
Amenities
Site Amenities
- On-Site Retail
- Roof Terrace
Presented by
12-18 Napier Street
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