As offers go, that's a tempting one. And, in all likelihood, it's one of the better if not best QPR will get for the striker - providing there is enough cash on the table to go with the Hammers duo.
Not only will West Ham be paying good money for Austin, QPR will be receiving players in exchange who can fill gaps in their squad.
But it's still an offer QPR must turn down.
Indeed, while Nolan and Jarvis would bring ability and experience to Loftus Road, the fact is they are no longer at their best. And do the west London side really want to go down the Harry Redknapp route of signing any old player who was once at the top of his game?
Austin is virtually guaranteed to give QPR goals galore should he stay with the R's and, judging by all the latest signs, the 25-year-old is more than happy to stay with the club.
While West Ham's reported offer is potentially a tempting one, then, it's one that will benefit the Hammers far more than it would QPR. And it's one they should ultimately reject should it get to decision time.