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CBRE - VIC

1 Tiernan Street Footscray, VIC 3011

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1 Tiernan Street,
Footscray, VIC 3011

Medical & Consulting • Offices

Key property information

Land area

Floor area

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CBRE - VIC
Sandro Peluso
Kai Wang

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
1 Tiernan Street
Footscray, VIC 3011

Map of 1 Tiernan Street

Directions
  • Train stations within 5 km of 1 Tiernan Street, Footscray, VIC 3011Distance
    Footscray Station934 m
    Middle Footscray Station1 km
    West Footscray Station1.4 km
    Flemington Racecourse Station1.5 km
    Seddon Station1.6 km
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  • Tram stops within 5 km of 1 Tiernan Street, Footscray, VIC 3011Distance
    60-Tiernan St/Droop St (Footscray)118 m
    61-Geelong Rd/Droop St (Footscray)196 m
    59-Droop St/Ballarat Rd (Footscray)309 m
    62-Nicholson St/Droop St (Footscray)655 m
    58-Ballarat Rd/Gordon St (Footscray)660 m
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  • Bus stops within 5 km of 1 Tiernan Street, Footscray, VIC 3011Distance
    Tiernan St/Droop St (Footscray)58 m
    Victoria University/Ballarat Rd (Footscray)168 m
    Farnsworth AveDroop St214 m
    Geelong Rd/Droop St (Footscray)215 m
    Commercial RdBallarat Rd386 m
    POWERED BY HERE ©
POWERED BY HERE ©

BE A PART OF THE NEW FOOTSCRAY HOSPITAL - THE HEALTHCARE HUB OF MELBOURNE'S WEST

  • Areas from 300sqm to whole floor 1644sq
  • Seeking specialist medical/office users
  • Join Radiology, GP & Vascula operators
CBRE Healthcare & Social Infrastructure are pleased to invite all operators to submit their interests to be a part of the new Footscray Hospital.

Located approximately 9 kilometres west of the Melbourne CBD on the western corner of the intersection of Geelong and Ballarat Roads, Footscray. The Project Site is bordered by Geelong Road in the southeast, Ballarat Road in the north, Federal Street in the southwest and Tiernan Street in the northwest.

The new Footscray Hospital will be an exemplary and enduring tertiary hospital that enables delivery of world-class health care to the community of Melbourne's west. While a hospital first and foremost, it will also be a catalyst for change, supporting the development of a broader health, education, research and community precinct.

With strong pre-commitments from operators such as retail, radiology and medical imaging, super clinic including GP, dental, pathology, cosmetic services, and vascular clinic, along with on-site childcare services to support the precinct, we anticipate significant foot traffic from day one. Currently, only one level remains available. We encourage interested operators to express their interest promptly to secure their future at the New Footscray Hospital.

This modern facility not only serves as a testament to superior healthcare but also addresses a critical need in Melbourne's west. It will provide residents with increased access to high-quality healthcare services closer to home and significantly augments the long-term capacity of public health services in the region. Anticipating a demand that is expected to more than double over the next 20 years, this property stands as a strategic investment in the future of healthcare.

Overview:

+ One level remaining with areas available ranging from 300sqm to whole floor 1,644sqm

+ Positioned within $1.5B facility with over 500+ beds, taking advantage of high patient & visitor throughput, and significant on-site workforce

+ Take advantage of cross flow foot traffic from Radiology, GP and Vascular operator

+ Convenient access and prominent corner street frontages on both Geelong and Ballarat Roads

+ 1km (approx.) from Footscray Railway Station and close to a number of tram stops inc Droop Street tram stop (Route 82, Stop 60)

+ State of the art building with floor plate ranging from 1099sqm to 1644sqm

+ Onsite family operated 90 space childcare centre set to provide quality care to precinct partners

+ New Footscray Hospital set to open late 2025

Location:

+ Victoria University set to open a 5,000sqm* education and research facility plus direct access to Victoria University via footbridge over Ballarat Road

+ Households in Footscray have a higher percentage of Household incomes in the income brackets of $0 to $799; $800 to $1,499 and $1,500 to $1,999 than the rest of Greater Melbourne (i.e. Higher concentration of lower income households)

+ City of Maribyrnong population expected to increase from 91,479 in 2023 to 155,006 in 2051, a 70% increase

+ The site is positioned prominently on the corner of Geelong and Ballarat road with easy of access and significant signage opportunities

FOR LEASE VIA EXPRESSIONS OF INTEREST

For further information, please contact the exclusive leasing agents:

Sandro Peluso
+61 418 389 7...

Kai Wang
+ 61 431 898 5...

Footscray, 3011 demographic data

The median household income for Footscray is $1,763, 7% lower than Greater Melbourne's household income of $1,901. Footscray has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 63% of property owners in Footscray have a mortgage.

17,131
Population
$1,763 per week
Median household income
34 years
Median age
Renters
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000