242-246 & 248 Ballarat Road & 3 Maddock Street,
Footscray, VIC 3011
Development Sites & Land • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Zoning
Tenure type
Private inspections
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Map
DEVELOPER’S DREAM, BUY ONE OR BOTH
- Combined total land area: 4696 sqm*
- Zoned Mix Use & General Residential
- Ready for development in prime location
TWO INNER-WEST SITES OFFERED TOGETHER OR SEPARATELY.
GrayJohnson is excited to offer for sale these two large sites enjoying a prime position in rapidly evolving Footscray. With a total area of more than 4696 sqm*, these properties provide a range of development opportunities in an unmatched location opposite the suburb’s medical precinct. An investment in either or both is a chance to capitalise on Footscray’s rapid gentrification and burgeoning young population.
As one of the Victorian Government’s Priority Precincts, Footscray is undergoing a transformation. Recognised as the gateway to the west, the suburb is shifting from industrial powerhouse to a health and education focus. Major players like Western Health and Victoria University are driving jobs, investment and social connections in the precinct. Footscray has recently seen many new residential developments and properties along Ballarat Road present strong investment and redevelopment potential.
Lot 1 – 248 Ballarat Road
This huge land parcel offers sensational development potential over three titles. The favourable Mixed Use zoning provides for a wide range of options including high density residential, commercial or community uses.
• Total land area 3310 sqm*
• Main road frontage of 40 m*
• Three older-style industrial buildings
Lot 2 - 242 to 246 Ballarat Road and 3 Maddock Street
This prime corner site over multiple titles is mostly vacant land, except for a small, older-style red brick 3-bedroom home. The General Residential zoning favours development as low density residential, healthcare/childcare or a community facility.
• Total land area: 1386 sqm*
• Ballarat Road frontage 31 m*
• Maddock Street frontage 51 m*
Location
• Prime opportunity in rapidly gentrifying inner suburb
• Exceptional exposure to one of Melbourne’s key arterial roads.
• Bustling commercial hub with mix of retail, commercial and mixed-use developments
• Directly opposite medical precinct – including Footscray Hospital, Western Private Hospital, and various specialist consulting suites.
• Close to Victoria University campuses
• Short walk from tram routes 58 and 82
• Easy access to CBD, just 6 km* via Ballarat Road.
*approx.
GrayJohnson is excited to offer for sale these two large sites enjoying a prime position in rapidly evolving Footscray. With a total area of more than 4696 sqm*, these properties provide a range of development opportunities in an unmatched location opposite the suburb’s medical precinct. An investment in either or both is a chance to capitalise on Footscray’s rapid gentrification and burgeoning young population.
As one of the Victorian Government’s Priority Precincts, Footscray is undergoing a transformation. Recognised as the gateway to the west, the suburb is shifting from industrial powerhouse to a health and education focus. Major players like Western Health and Victoria University are driving jobs, investment and social connections in the precinct. Footscray has recently seen many new residential developments and properties along Ballarat Road present strong investment and redevelopment potential.
Lot 1 – 248 Ballarat Road
This huge land parcel offers sensational development potential over three titles. The favourable Mixed Use zoning provides for a wide range of options including high density residential, commercial or community uses.
• Total land area 3310 sqm*
• Main road frontage of 40 m*
• Three older-style industrial buildings
Lot 2 - 242 to 246 Ballarat Road and 3 Maddock Street
This prime corner site over multiple titles is mostly vacant land, except for a small, older-style red brick 3-bedroom home. The General Residential zoning favours development as low density residential, healthcare/childcare or a community facility.
• Total land area: 1386 sqm*
• Ballarat Road frontage 31 m*
• Maddock Street frontage 51 m*
Location
• Prime opportunity in rapidly gentrifying inner suburb
• Exceptional exposure to one of Melbourne’s key arterial roads.
• Bustling commercial hub with mix of retail, commercial and mixed-use developments
• Directly opposite medical precinct – including Footscray Hospital, Western Private Hospital, and various specialist consulting suites.
• Close to Victoria University campuses
• Short walk from tram routes 58 and 82
• Easy access to CBD, just 6 km* via Ballarat Road.
*approx.
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
04024273...
242-246 & 248 Ballarat Road & 3 Maddock Street
Footscray, VIC 3011
Gray Johnson - Melbourne7/41 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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