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Overview
Occupying a generous 479 square meter land parcel, this house at 116 Rupert Street presents a significant opportunity for renovators, builders, or developers. Located conveniently near Tottenham Train station and the vibrant Barkly and Ashley Streets shopping precinct, the position offers excellent connectivity and access to everyday amenities.
The property’s scale and site dimensions approximately 13.1 meters by 36.6 meters provide a versatile foundation. Prospective buyers may consider options such as full renovation, a knock-down rebuild, or potentially a multi-unit development, subject to council approvals. Such flexibility caters to diverse project ambitions, whether to create a refreshed family home or capitalize on redevelopment potential.
With two bedrooms, a single bathroom, and three surface car parking spaces, the existing structure suits those seeking a project or land opportunity in a thriving suburb. Features including proximity to schools, shops, and transport underscore the lifestyle appeal. The availability of legal contracts facilitates a streamlined acquisition process, with inspections offered if desired.
- Excellent site size and layout for redevelopment or renovation
- Well-positioned near key public transport and local shopping hubs
- Ample parking and practical living spaces to suit renovation use
- Potential multi-unit redevelopment opportunity
- Subject to council consent, ideal for builders, investors, or creative renovators
This address will appeal to individuals or investors looking for significant upside through transformation in an evolving suburb. It offers a compelling balance of location, land scale, and development flexibility rarely found in West Footscray.
Local Market Insights
In West Footscray, Quiet Listings observed 24 new houses entering the market over the last 30 days, down from 34 during the previous 30-day period, with an average advertised asking price of $902,042. The property type mix of listed properties is predominantly Houses at 37%, followed by townhouses (31%), and units (17%). Jas Stephens Real Estate was the most active agency in this area, representing 20.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
West Footscray VIC 3012
Market Insights for West Footscray VIC 3012
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