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Investment Highlights

  • Strategic 1,386 m² corner landholding with dual street frontages: 31 m to Ballarat Road, 51 m to Maddock Street.
  • Located opposite Footscray Hospital and Western Private Hospital, in a dynamic health and education precinct.
  • Predominantly vacant site with minimal existing improvements, ensuring efficient redevelopment opportunity.

Executive Summary

GrayJohnson proudly presents Lot 2, a strategic development site of approximately 1,386 m² across multiple titles in the heart of Footscray’s priority growth corridor. With General Residential zoning, this high-exposure corner site offers exceptional flexibility for developers and owner-operators seeking to deliver residential, community, or healthcare-driven projects (STCA).
The property boasts two substantial frontages—31 metres to Ballarat Road and 51 metres to Maddock Street, providing strong street presence and optimal access for future development layouts. Predominantly vacant, with only a small dwell­­ing on-site, the property is primed for immediate project initiation with minimal demolition costs.
Located opposite the Footscray medical precinct, including the new Footscray Hospital, and close to Victoria University campuses, tram services, and retail amenities, this property benefits from compelling demand drivers linked to population growth, health services expansion, and urban renewal initiatives. Just 6 km from Melbourne’s CBD with direct arterial connectivity, Lot 2 represents an unmatched inner-west infill development opportunity.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.34 AC

1 Lot Available

Lot

Lot Size 0.34 AC

Prime 1,386 m² corner site with dual street frontages to Ballarat Road and Maddock Street. Zoned General Residential, suited for residential, healthcare, childcare, or community uses (STCA) in Footscray’s thriving medical and education hub.

Description

242–246 Ballarat Road, combined with 3 Maddock Street, comprises a strategically located corner development site of approximately 1,386 m² in one of Melbourne’s most dynamic inner-west growth corridors. The property enjoys dual street frontages—31 metres to Ballarat Road and 51 metres to Maddock Street—providing flexibility for design, access, and activation opportunities.

  • Listing ID: 40414145

  • Date on Market: 5/6/2026

  • Last Updated:

  • Address: 242-246 Ballarat Rd, Footscray, VIC 3011

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