208B/8 Falcon Court

Invest with confidence in this well-appointed, oversized one-bedroom apartment (approx. 58 sqm) located in the award-winning Cowper Residences, a premium development next to Footscray Train Station. Boasting a fixed-term lease, this is a secure, turn-key investment opportunity with excellent income stability and minimal ongoing costs. Delivering a solid 6.95% gross annual rental yield, this apartment enjoys strong rental demand, thanks to its attractive layout, high-end finishes, and unbeatable location just 4km from Melbourne's CBD. Key Investment Features: - Securely leased at $2,086/month - Still in almost new conditions (3 years old), maximising depreciation potential - Low outgoings and high rental return - Low vacancy rates in a suburb with high 1-bedroom demand - Quick and easy access to train, tram, and bus transport hub (100m to Footscray Station) - Proximity to Victoria University, Footscray Hospital, and Footscray Market - Surrounded by vibrant cafes, restaurants, Coles, Kmart, and more - Easy connectivity to the CBD and inner-west lifestyle precincts Interior Highlights: - Spacious open-plan living with timber floors and abundant natural light - Designer kitchen with Miele appliances, gas cooktop, stone benchtops, and integrated dishwasher - Large bedroom with BIR, triple-glazed windows for peace and quiet - Stylish bathroom with rain shower, European laundry - Covered balcony for year-round outdoor enjoyment - Fujitsu split-system heating/cooling, secure intercom, and access to 24-hour gym Key Investment Potential: Footscray's growth is accelerating, with over $1.5 billion invested in the new Footscray Hospital (due 2025) and the upcoming Melbourne Airport Rail Link, set to significantly boost infrastructure, employment, and rental demand. This is a rare opportunity to acquire a secure, high-yielding property in one of Melbourne's fastest-growing and best-connected suburbs. Enquire now for an investor pack or to arrange a private inspection.