A rare and rewarding opportunity, in the heart of Footscray, perfect for the first-time investor or smart homebuyer. There is a lot on offer with this purchase, it is more than just what meets the eye... Positioned centrally, all desired amenities are within a short walk from this home. Coles, Kmart and various other shops are located on the lowest level of the building; Footscray Market, Barkly Street bars and restaurants, Footscray Library, the new Footscray Hospital site and Victoria University are all just around the corner. For a quick and easy commute to/from the city and surrounding suburbs, Footscray Train Station is less than 500m away. Key features: - Stylish kitchen with stone benchtops, breakfast bar, ample storage and gas cooktop - Light-filled, open-plan living and dining space - Spacious bedroom, complete with large study nook and built-in robes - Generous central bathroom with large European laundry and floor to ceiling tiles - Balcony spanning the entire width of the apartment - Approximately 60m2 total Current investment opportunity: - Currently leased by a renter paying $536 a fortnight through an NRAS agreement - Lease expiry of 18/08/24, with opportunity to renew - Additional NRAS incentive of $11,168.56 per annum (expiring 29/7/24)