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236-240 Ballarat Road
Footscray, VIC 3011
$2,100,000
Overview
236-240 Ballarat Road, Footscray
This property presents an outstanding opportunity to acquire a substantial triple-title development site located in the heart of Footscray. The site offers exceptional flexibility and significant future upside potential for developers, investors, or land bankers seeking to capitalize on the area's ongoing growth.
The landholding comprises three separate titles at 236, 238, and 240 Ballarat Road, Footscray, with a combined area of approximately 744 square meters. This sizeable parcel is offered with approved plans and permits for the construction of 13 architecturally designed apartments, providing a ready-to-go development opportunity in one of Melbourne's fastest growing inner-west locations.
Positioned perfectly within the vibrant Footscray CBD precinct, the property benefits from immediate access to public transport, including a tram stop just around the corner and Footscray Train Station only moments away. This connectivity offers future residents quick and convenient access to Melbourne's Central Business District, located approximately 6 kilometers away.
Residents will also enjoy the lifestyle advantages of being within walking distance to Footscray's renowned dining and café scene, local shopping facilities, parks, and major infrastructure developments such as the new Footscray Hospital. The location combines urban convenience with community amenities, making it an attractive proposition for future occupants.
Key highlights of the property include:
- Three separate titles: 236, 238, and 240 Ballarat Road
- Total landholding of approximately 744 square meters
- Approved plans and permits for 13 apartments
- Close proximity to tram stops and Footscray Train Station
- Situated within the thriving Footscray CBD precinct
- Walking distance to the new Footscray Hospital
- Approximately 6 kilometers to Melbourne CBD
This is an exceptional development opportunity in a tightly held and rapidly evolving inner-west location, offering strong potential for capital growth and development success.
Location
Footscray VIC 3011
Market Insights for Footscray VIC 3011
Other properties in this postcode
Auction $1,000,000 - $1,100,000
25 Lynch Street, Footscray VIC 3011
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