SOLD
Sold on 20 Mar 2024 for $460,000

1502C/2 Tannery Walk
Footscray VIC 3011

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 9060m2
Sold By
Duyen (Dee) Le
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Property Details for 1502c/2 Tannery Walk, Footscray

1502c/2 Tannery Walk, Footscray is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 9060m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom House sold in Footscray in the last 12 months.

Building Type
House
Land Size
9060m2
Local Government
Maribyrnong
Lot/Plan
1502C/PS734571

Last Listing description (September 2024)

Welcome to the urban sophistication and convenience in Footscray, Melbourne's vibrant multicultural hotspot. This stunning 96.3m2 apartment offers an enviable blend of luxury, lifestyle, and location, making it an ideal choice for investors, first-time homebuyers, and those looking to for a more manageable yet stylish living space.

Nestled in the heart of Footscray, this modern apartment places you amidst a thriving arts scene, diverse local cultures, and a bevy of bustling markets. Take a short stroll to discover an array of gourmet restaurants, bars, and the famous Footscray market, renowned for its fresh local produce, seafood, and Asian groceries. The location is second to none, with a multitude of train stations, buses, and trams within easy reach, making commuting a breeze.

Inside, the apartment's contemporary, open plan design is highlighted by a spacious living/dining area, air conditioning, and a sleek kitchen with a dishwasher. The residence features two bedrooms, both with built-in robes, with the master bedroom offering the added luxury of an ensuite. A second bathroom, a large terrace balcony boasting panoramic views of the suburb and city, and an allocated car park space round out this apartment's features.

As a resident, you'll enjoy access to a host of top-tier amenities that heighten the sense of luxury. These include an outdoor pool, sauna, gymnasium, function room, and rooftop BBQ area. Added security is provided via an apartment intercom system.

Investors will appreciate the potential for capital growth, thanks to several key developments, such as the Westgate Tunnel, Metro Tunnel, and the new Footscray Hospital, scheduled for completion by 2025. First home buyers will relish the peace, serenity, and open space this property provides, not to mention the safety of the area and the convenience of local shopping and different schools.

Meanwhile, downsizers can look forward to a low-maintenance lifestyle, with many necessary amenities close by and a vibrant community right on their doorstep. Experience the best of both worlds - a lively, cosmopolitan location with a quiet, private space to call your own.

Seize this exceptional investment opportunity. Express your interest today to book an inspection modern, luxurious apartment at the heart of dynamic Footscray, offering not just a home but a strategic investment opportunity at $510 per week.

DISCLAIMER Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matter

Property History for 1502c/2 Tannery Walk, Footscray, VIC 3011

A timeline of how this property has performed in the market
Last Sold
$460,000
20 Mar 2024
Listed for Rent
$450/w
13 Apr 2022
  • 03 Sep 2024
    Listed for Sale $450,000 - $495,000
  • 20 Mar 2024
    Sold for $460,000
  • 30 Jun 2023
    Listed for Sale $520,000 - $570,000
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About Footscray 3011

The size of Footscray is approximately 5 square kilometres. It has 25 parks covering nearly 15.1% of total area. The population of Footscray in 2011 was 13,202 people. By 2016 the population was 16,336 showing a population growth of 23.7% in the area during that time. The predominant age group in Footscray is 20-29 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation. In 2011, 42% of the homes in Footscray were owner-occupied compared with 36.6% in 2016.

Footscray has 14,289 properties. Over the last 5 years, Houses in Footscray have seen a 8.94% increase in median value, while Units have seen a 14.88% increase. As at 31 October 2024:

  • The median value for Houses in Footscray is $950,860 while the median value for Units is $495,776.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 116 properties listed for sale, and 46 properties listed for rent in Footscray on OnTheHouse. According to CoreLogic's data, 564 properties were sold in the past 12 months in Footscray.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.