59 Nicholson StreetFootscray VIC 3011
Property Details for 59 Nicholson St, Footscray
59 Nicholson St, Footscray is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 226m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2013.
Last Listing description (August 2025)
Presenting an outstanding opportunity to secure a highly sought-after block of land in the vibrantand thriving suburb of Footscray. Situated within the Activity Centre Zone (ACZ), this prime site at 59Nicholson Street offers endless potential for developers and investors looking to capitalize onFootscray's rapidly growing urban landscape.Key Features:Zoning: Located in the Activity Centre Zone (ACZ), offering incredible flexibility for a wide range ofdevelopment options including residential, commercial, and mixed-use projects (STCA).Land Size: Generous block ideal for medium to high-density development. Dimension: 8.2m x 27.4mPrime Location: Centrally positioned in the heart of Footscray's bustling precinct, surrounded bycafes, restaurants, retail stores, and local amenities.Proximity to Public Transport: Walking distance to Footscray train station, multiple bus routes, andtram services, ensuring easy access to Melbourne CBD and surrounding areas.Close to Key Facilities: Just minutes from Footscray Market, Victoria University, Highpoint ShoppingCentre, and an array of educational institutions, parks, and community services.Development Potential: With zoning that supports significant growth, this property offers a uniquechance to develop in one of Melbourne's fastest-growing inner-city suburbs.This is a rare opportunity to be part of Footscray's transformation, with major development projectsalready underway in the area. Whether you're planning a large-scale commercial or residentialproject, or a mix of both, this site offers unmatched potential.For more information on this property, please contact the Agent.DISCLAIMER: All stated sizes and dimensions are approximate only. Particulars given are for generalinformation only and do not constitute any representation on the part of the vendor or agent.
Property History for 59 Nicholson St, Footscray, VIC 3011
- 03 Jul 2025Listed for Sale Not Disclosed
- 11 Sep 2024Listed for Sale Not Disclosed
- 28 Feb 2013Sold for $500,000
Recent sales nearby
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About Footscray 3011
The size of Footscray is approximately 5.0 square kilometres. It has 25 parks covering nearly 15.1% of 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 14,911 properties. Over the last 5 years, Houses in Footscray have seen a 6.80% increase in median value, while Units have seen a 2.86% increase. As at 31 December 2025:
- The median value for Houses in Footscray is $983,651 while the median value for Units is $490,898.
- Houses have a median rent of $580 while Units have a median rent of $520.
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