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Overview
5-9 Droop Street FOOTSCRAY VIC 3011
This prominent development opportunity is located at 5-9 Droop Street, Footscray, within the Central Precinct of the Footscray Activity Centre. The property comprises a substantial corner landholding of approximately 1,791 square meters, offering a prime position just 4.5 kilometers from the Melbourne CBD.
The site benefits from a flexible planning framework and exceptional frontage, including approximately 95 meters of dual street frontage to Droop and Blackston Streets, with a north-facing frontage of about 60 meters to Blackston Street. Zoned as Activity Centre (ACZ1), the land supports high density mixed-use development, with a discretionary height control allowing up to 10 storeys.
Existing improvements on the site are adaptable for interim or alternative uses, including healthcare and medical purposes, subject to planning approval. The strategic location is near key infrastructure such as Footscray Hospital, Victoria University, and the Hopkins Street retail strip, providing excellent access to critical health, education, and transport facilities.
The property also benefits from exceptional connectivity due to major infrastructure projects now in operation, including the Metro Tunnel and West Gate Tunnel, enhancing access to the CBD, Arden Precinct, and Melbourne University. This makes the site ideally suited for a range of high density development outcomes or owner occupation.
- Significant landholding of 1,791 sqm
- Prime corner position with approximately 95m dual street frontage
- North-facing frontage of approximately 60m
- Zoned Activity Centre (ACZ1) for high density mixed-use development
- Discretionary height control up to 10 storeys
- Existing improvements adaptable for healthcare and medical uses (STPA)
- Strategic proximity to Footscray Hospital, Victoria University, and retail precincts
- Excellent connectivity via Metro Tunnel and West Gate Tunnel
This opportunity offers a rare chance to acquire a substantial landholding in a highly sought-after location with significant development potential, supported by flexible planning controls and excellent infrastructure access.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Footscray VIC 3011
Market Insights for Footscray VIC 3011
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