32 Victoria Street
Footscray, VIC 3011

This exceptional property presents a rare and valuable opportunity in the heart of Footscray, offering an endorsed permit to build three unique townhouses or alternatively one or two homes, subject to council approval (STCA). Situated on a prime golden corner block approximately 286 square meters in size, the land is flat and vacant, boasting a desirable north and east-facing orientation that maximizes natural light and enhances living comfort.

The approved plans and permits allow for the construction of three double-storey townhouses, each with its own street frontage, providing privacy and individuality. The proposed layout includes one townhouse featuring three bedrooms, two bathrooms, and a single garage, alongside two townhouses each comprising two bedrooms, two bathrooms, and a single garage. Each townhouse is designed with a unique rooftop entertaining area, perfect for social gatherings and enjoying the outdoors. Additionally, each unit has its own driveway opening onto Paisey Street, eliminating the need for a body corporate and offering convenience and independence for future residents.

Alternatively, the site offers flexibility to build a single-family home or two larger homes, catering to extended families or investors seeking versatile options. This flexibility makes the property suitable for a variety of uses including investment, family living, or short-term rental opportunities such as Airbnb, capitalizing on the location's appeal.

Located in the vibrant heart of Footscray, the property is within a short walking distance to essential amenities and transport options. Residents will enjoy easy access to bus services, the renowned Barkly Street precinct with its diverse range of restaurants, shops, and cafes, as well as major retailers like Kmart and Coles. The Middle Footscray Train Station is just a five-minute walk away, while Footscray Train Station and Footscray Market are reachable within ten minutes on foot. The area is also serviced by tram stops and will benefit from the new hospital opening in 2025, enhancing community infrastructure and services.

Only six kilometers from Melbourne's Central Business District, this location offers the perfect balance of suburban convenience and city accessibility. The property represents an excellent development opportunity with significant potential for capital growth and rental yield, making it an attractive proposition for developers, investors, and homebuyers alike.

With all approvals in place and ready to proceed, this is a once-in-a-lifetime chance to secure a premium site in a sought-after location. The combination of location, flexibility, and approved plans ensures that the future owner can maximize the value and utility of this exceptional property. Opportunities of this caliber are rare in the current market, so prompt action is advised to avoid missing out on this outstanding development prospect.