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

Large landholding on prime inner-west corner.
 
GrayJohnson are delighted to present for sale by expressions of interest 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 a residential subdivision or low-density housing development. 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