242-246 & 248 Ballarat Road & 3 Maddock 2 Properties in Footscray

GrayJohnson is proud to present a rare combined landholding of approximately 4,696 m² in one of Melbourne’s most dynamic and rapidly transforming inner-west precincts. Offered together or individually, these two adjoining sites deliver exceptional scope for a landmark mixed-use or multi-purpose development within a strategic growth corridor.
Lot 1 at 248 Ballarat Road spans around 3,310 m² with Mixed Use zoning, granting broad development flexibility for high-density residential, retail, commercial, or community-oriented projects (STCA). Lot 2 at 242–246 Ballarat Road and 3 Maddock Street, encompassing about 1,386 m², is zoned General Residential—ideal for low-rise residential, healthcare services, childcare facilities, or community infrastructure. Combined, these parcels provide a unique opportunity to create a significant urban renewal project, capitalizing on strong fundamentals in a bustling lifestyle and health hub.
Perfectly positioned opposite Footscray’s world-class medical precinct, including Footscray Hospital and Western Private Hospital, the sites benefit from immediate proximity to Victoria University campuses, major retail and dining destinations, and excellent public transport options, including tram routes 58 and 82. Located just 6 km from Melbourne CBD via Ballarat Road, with seamless access to CityLink and other arterials, this offering is underpinned by robust demand drivers in a designated Victorian Government Priority Precinct undergoing transformative investment.