POINT OF INTEREST:
At the epicentre of the inner west sits 508 sqm* of unbridled opportunity. Thanks to Activity Centre zoning, development potential is unlocked immediately and surrounding multilevel mixed-use properties set the precedent at new heights. Read: 6-8 levels. The existing building is fully fitted; partitioned over a single ground floor level with great exposure, its ready to occupy as is or alternatively, with a few cosmetic improvements, you could lease to the many businesses keen to get into the flourishing heart of Footscray. And those who know Melbourne, know the inner west is rising in commercial and residential popularity for a reason. Speaking of location, the site sits just 200 m* to Middle Footscray railway station and is easily accessible by car via Princes Highway Geelong Road and the Citylink Footscray Road on-ramp 3.6 km* to the east. With schools, shopping centres, markets, and Victoria University all within close vicinity, this is a prime position to set up shop or develop a place to let others shop a new place to live.
- 430 sqm* building size.
POINT OF VIEW:
Options are getting scarcer and scarcer when it comes to being this close to the city. Here, there are plenty: invest, occupy or develop. A true triple threat in city of Scray.
*Approx.
Pricing excludes GST
The size of Footscray is approximately 5.0 square kilometres. There are 25 parks, covering nearly 15.1% of the total area. The population of Footscray in 2016 was 16345 people. By 2021 the population was 17131 showing a population growth of 4.8% in the area during that time. The predominant age group in Footscray is 30-39 years. Households in Footscray are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Footscray work in a professional occupation.In 2021, 41.30% of the homes in Footscray were owner-occupied compared with 36.60% in 2016.
Footscray has 14,947 properties. Over the last 5 years, Houses in Footscray have seen a -5.07% decrease in median value, while Units have seen a -1.42% decrease. As at 30 June 2026:
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