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248 Ballarat Rd 2,206 SF Specialty Building Offered For Sale in Footscray, VIC 3011
Investment Highlights
- Expansive 3,310 m² landholding spread over three titles in a rapidly gentrifying inner-west location.
- 40-metre frontage to Ballarat Road, offering outstanding exposure along a major arterial.
- Zoned Mixed Use, enabling a wide range of uses including high-density residential, commercial, or community projects (STCA).
- Existing improvements comprise three older-style industrial buildings, providing holding income potential.
Executive Summary
GrayJohnson proudly presents Lot 1 at 248 Ballarat Road, Footscray, a substantial landholding of approximately 3,310 m² spanning three titles in one of Melbourne’s fastest-evolving inner-city precincts. Zoned Mixed Use, this expansive site provides outstanding flexibility for a range of development outcomes—whether high-density residential, commercial, or community-focused projects (STCA).
Positioned on Ballarat Road with a 40-metre frontage, Lot 1 offers exceptional visibility along one of Melbourne’s major arterials, enhancing its long-term appeal for occupants and investors alike. The current improvements comprise three older-style industrial buildings, providing holding income potential while planning your redevelopment.
Located directly opposite Footscray’s core medical precinct, near Victoria University campuses, and within walking distance to tram routes and retail amenities, this address benefits from strong demand drivers linked to healthcare, education, and population growth. Easy CBD connectivity via Ballarat Road (just 6 km away) and proximity to major transport links reinforce the site’s strategic positioning.
Positioned on Ballarat Road with a 40-metre frontage, Lot 1 offers exceptional visibility along one of Melbourne’s major arterials, enhancing its long-term appeal for occupants and investors alike. The current improvements comprise three older-style industrial buildings, providing holding income potential while planning your redevelopment.
Located directly opposite Footscray’s core medical precinct, near Victoria University campuses, and within walking distance to tram routes and retail amenities, this address benefits from strong demand drivers linked to healthcare, education, and population growth. Easy CBD connectivity via Ballarat Road (just 6 km away) and proximity to major transport links reinforce the site’s strategic positioning.
Property Facts
| Sale Type | Investment | Lot Size | 0.82 AC |
| Sale Condition | Redevelopment Project | Building Size | 2,207 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Auto Salvage Facility | Tenancy | Single |
| Building Class | C |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Auto Salvage Facility |
| Building Class | C |
| Lot Size | 0.82 AC |
| Building Size | 2,207 SF |
| No. Stories | 1 |
| Tenancy | Single |
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248 Ballarat Rd
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