3 Residential Development Opportunities in Melbourne’s Booming Inner-West
Posted by Development Ready on Nov 30, 2018

24 Gallant Street, 7 Coward Street and 11 Coward Street, Footscray, Victoria, 3011
Three outstanding residential blocks in one of Melbourne’s most popular inner-city growth suburbs have just been made available for sale. Totalling 2100sqm, developers and investors have the option to purchase one, two or all three blocks, offering an abundance of future outcomes and configurations.

Sweeney Estate Agents’ Terry Cooper and Tracey Dean have been exclusively appointed to market this three lot Footscray development opportunity. The sites are to be sold at back-to-back auctions at commencing at 11am (AEST) Saturday 15 December 2018.

All eyes are on Footscray

The three-block arrangement, separated only by a right of way (R.O.W.) access path, holds an enviable location in one of Melbourne’s most widely recognised inner-city western suburbs, only 7kms from Melbourne CBD.

The heart of Footscray’s shopping precinct is just a 450m stroll and the much heralded Footscray Market is only 600m. Melbourne's CBD is only a short train ride from the nearby Footscray Train Station, and racing enthusiasts will enjoy having Flemington Racecourse within easy walking distance.

Buy One, Two or All Three

Each property will be offered to the market separately for purchase at auction. 

Property 1: Auction time 11.00am
11 Coward Street, Footscray. A 450sqm plot of land with a timber home (shell) on site. The site enjoys over 16m frontage to Coward Street and R.O.W.

Property 2: Auction time 11.45am
7 Coward Street, Footscray. A 630sqm property with a timber home (shell) on site. The site presents 10m of frontage to Coward Street and 47m to R.O.W.

Property 3: Auction time 12.30pm
24 Gallant Street, Footscray. The largest of the three, this 1,022sqm site supports a substantial brick villa with numerous sundry outbuildings. The property exhibits 17m of frontage to Gallant Street and 22m to the R.O.W.

Coward and Gallant Streets, Footscray, Summary

  • Land Area: Property 1, 450sqm. Property 2, 630sqm. Property 3, 1,022sqm. Combined just over 2,100sqm.
  • Residential opportunity in one of Melbourne’s most sought after growth suburbs.
  • Close to Barkly Street Shopping Precinct and Footscray Market
  • Victoria University and Footscray Train Station within one-kilometre
  • To be sold at auction commencing at 11am (AEST) Saturday 15 December 2018

*Please note that all financials, measurements or distances quoted above are approximate only.

For further information please contact the Sweeney Estate Agents team and mention Development Ready in your interactions.

Sweeney Estate Agents
Terry Cooper – 0411 852 508
Tracey Dean – 0433 279 103

To view more details on the listing click here.

Related News
A $1.3 billion deal in Melbourne; A DA Approved 46 townhouse development site in Liverpool NSW; Major Deals in WA with multiple transactions over $15 million.
The second half of a Southbank tower sells for $326.2 million; Fitzroy North DA Approved residential site goes for $8.13 million; Two Brisbane shopping centres sell for $143 million - and much more
This sizeable, 1.25-hectare landholding in Melbourne’s burgeoning east, offers dual street frontages totalling 222m and is set to become an iconic centrepiece of the Wantirna district. Residential, aged-care, education; the limit of what is possible is subject only to the new owner’s imagination – and council’s approval too, of course.