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30-44 Hopkins Street, FOOTSCRAY, VIC 3011

Properties / Buy / Victoria / Footscray

Development Potential

1. Property Summary

Property Type

Residential, Commercial

Land Area

2,311 m² (*approx)

Zoning

Activity Centre Zone

Selling Method

EOI:

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2. Property Highlights

HIGH PROFILE ACTIVITY CENTRE SITE NEAR TO TRAIN STATION

2,311sqm* Dual Fronted Landholding
High Density Development Scope (STCA)
300m* To Footscray Train Station

+A centrally located 2,311sqm* dual frontage landholding positioned on the fringe of Melbourne’s CBD

+Established motor vehicle dealership with income potential

+Extensive frontages to Hopkins Street and Wightman Street of 76m*

+Highly flexible Activity Centre Zone promoting a variety of land use and development outcomes at higher density (STCA)

+Outstanding positioning along a major boulevard within a proven development precinct with surrounding projects by prominent developers Bensons Property Group, Blue Earth Group, AZX Group and Growland

+Would ideally suit a BTR project given the underlying site and location fundamentals and potential yield achievable (STCA)

+A rapidly increasing median house price of $1,220,000 representing annual growth of over 26% (REIV)

+Surrounded by ample retail, food and lifestyle offerings including 200m* to the iconic Footscray Market, 300m* to Maribyrnong River, 300m* To Footscray Train Station, 500m* to Footscray Plaza and 700m* to Victoria University and only 4km* to Melbourne’s CBD

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty

+61 422 564 199

david.minty@cbre.com.au

Nathan Mufale

+61 421 224 354

nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君

+61 411 059 116

jj.heng@cbre.com.au

*Approx.

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