Lot G01 - 110 Ballarat Road - Footscary

Description

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Footscray, located just 5 km west of Melbourne’s CBD, is one of the city’s most vibrant and culturally diverse suburbs. It has long been known for its rich multicultural history, offering a dynamic mix of cultures, cuisines, and lifestyles. Once an industrial and working-class hub, Footscray has experienced significant gentrification over the years, attracting young professionals, students, and families, while maintaining its eclectic and lively character.

The suburb is packed with local amenities that make it a bustling urban environment. Footscray is renowned for its food scene, with an abundance of eateries offering Vietnamese, Ethiopian, Indian, and African cuisines, reflecting the area's diverse population. Barkly Street and Hopkins Street are the heart of Footscray's dining and shopping, where you can find everything from traditional pho restaurants to modern cafes. Footscray Market is a well-known local institution, offering fresh produce, seafood, and international groceries that draw visitors from across Melbourne.

In terms of recreation, Footscray offers plenty of green spaces and parks. Footscray Park, located along the Maribyrnong River, is one of the largest and most beautiful parks in Melbourne’s west. It provides walking trails, picnic areas, and stunning views of the river, making it a popular spot for outdoor activities. The nearby Whitten Oval, home to the Western Bulldogs AFL team, is also a key landmark for sports enthusiasts.

For education, Footscray is well-served with a range of schools. There are several primary and secondary schools in the area, including Footscray Primary School and Footscray High School. Victoria University has a strong presence in the suburb, with one of its main campuses located here, offering a wide range of undergraduate and postgraduate courses. This attracts a significant student population, adding to the suburb’s youthful and vibrant energy.

Transportation in Footscray is a major advantage. Footscray Railway Station is one of Melbourne’s busiest transport hubs, providing direct train services to the CBD via multiple lines, including the Werribee, Williamstown, and Sunbury lines. Trains run frequently, making the commute to the city quick and convenient. Additionally, the area is well-serviced by trams and buses, offering further connectivity to surrounding suburbs and key locations like Highpoint Shopping Centre. For drivers, the suburb’s proximity to the West Gate Freeway and major arterial roads ensures easy access to other parts of Melbourne.

• Property Type: ApartmentSMSFFIRB
• Property Stage: N/A
• Price: $ 725,000.00
• Land Price: N/A
• Build Price: N/A
• Beds: 3
• Bath: 2
• Garage: N/A
• Storey: N/A
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: 1
• Floor Plan: N/A
• Completion: Completed
• Land Size: N/A
• Area Size: N/A
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 650.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 650.00
• Gross Per Annum: N/A
• Gross Yield: N/A
• Capital Growth 12 Months: -4.44%
• Capital Growth 10 Year Annualised: 4.87%
• Vacancy Rate: 1.72%