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Overview
This enticing property at 1A Hampton Parade in the peaceful pocket of West Footscray presents a unique combination of comfortable living and exciting development possibilities, ideal for diverse buyers ranging from home seekers to developers.
The spacious 530 sqm land is graced by a thoughtfully updated three-bedroom, three-bathroom home that offers modern liveability. Its layout fosters easy flow with interconnected living, dining, and kitchen zones accompanied by a separate lounge, enabling versatility for social and family needs. A beautifully styled one-bedroom bungalow stands independently on the property, delivering added flexibility for guests, extended family, or potential rental income.
Outdoors, the expansive backyard invites possibilities for extension or renovation (subject to council approval), while, most notably, the property comes with pre-approved plans and permits valid until October 2028 for constructing a boutique development of three architecturally designed townhouses. This exciting feature enhances its appeal as a savvy investment prospect amid Melbourne's growth corridors.
- Spacious living enhanced by updated bathrooms and kitchen, creating a move-in-ready environment
- Pre-approved plans for three townhouses offering development potential without delay
- Secure garage with enclosed storage and a long driveway providing ample parking for multiple vehicles
- Prime location near cafes, shopping precincts, vibrant village lifestyle spots like Yarraville, and convenient transport links for CBD access
- Well-serviced by sought-after schools and enriching parks, augmenting lifestyle appeal for families
This property is suited to those seeking a comfortable home with long-term growth prospects or developers looking for a prime site with immediate plans ready to execute. Its blend of lifestyle, functionality, and opportunity place it at the forefront of East Melbourne’s inner-west real estate offerings.
Local Market Insights
In West Footscray, Quiet Listings observed 37 new houses entering the market over the last 30 days, up from 17 during the previous 30-day period, with an average advertised asking price of $912,649. The property type mix of listed properties is predominantly Houses at 45%, followed by townhouses (27%), and units (12%). Jas Stephens Real Estate was the most active agency in this area, representing 37.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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
West Footscray VIC 3012
Market Insights for West Footscray VIC 3012
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