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242-246 Ballarat Road & 3 Maddock Street Footscray, VIC 3011

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242-246 Ballarat Road & 3 Maddock Street,
Footscray, VIC 3011

Development Sites & Land

Key property information

Land area

Zoning

Tenure type

Private inspections

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Map of 242-246 Ballarat Road & 3 Maddock Street

Directions
  • Train stations within 5 km of 242-246 Ballarat Road & 3 Maddock Street, Footscray, VIC 3011Distance
    West Footscray Station1.4 km
    Middle Footscray Station1.5 km
    Footscray Station1.8 km
    Flemington Racecourse Station2 km
    Seddon Station2.3 km
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  • Tram stops within 5 km of 242-246 Ballarat Road & 3 Maddock Street, Footscray, VIC 3011Distance
    57Titch StGordon St Footscray279 m
    58-Ballarat Rd/Gordon St (Footscray)311 m
    59-Droop St/Ballarat Rd (Footscray)662 m
    56-Edgewater Square/Gordon St (Maribyrnong)777 m
    60-Tiernan St/Droop St (Footscray)916 m
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  • Bus stops within 5 km of 242-246 Ballarat Road & 3 Maddock Street, Footscray, VIC 3011Distance
    Eleanor StBallarat Rd105 m
    Park St/Ballarat Rd (Footscray)126 m
    Titch StGordon St Footscray272 m
    Rosamond RdBallarat Rd Maidstone309 m
    Ballarat Rd/Gordon St (Footscray)311 m
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POWERED BY HERE ©

DEVELOP OR SUBDIVIDE

  • Total land area: 1386 sqm approx.
  • Option to develop or subdivide
  • Prime inner-west Footscray location
Large landholding on prime inner-west corner.

GrayJohnson are delighted to present for sale this large residential site in a rapidly gentrifying suburb in Melbourne’s inner west. Enjoying an exceptional main-road location opposite Footscray’s medical precinct, this site offers huge potential for low-density housing development or a residential subdivision. The General Residential zoning also allows for construction of a health or childcare complex or other community facility.

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.

Key features
• Prime corner site with mostly vacant land
• Small older style 3-bedroom red brick home
• Total land area: 1386 sqm*
• Ballarat Road frontage 31 m*
• Maddock Street frontage 51 m*

Location
• Corner position with exceptional exposure to one of Melbourne’s key arterial roads.
• Close to a bustling commercial hub with mix of mixed-use developments, retail, and commercial
• 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...
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242-246 Ballarat Road & 3 Maddock Street
Footscray, VIC 3011
Gray Johnson - Melbourne
7/41 Exhibition Street
MELBOURNE, VIC 3000

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