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59 Nicholson Street

Footscray, VIC 3011, Australia
$920,000
3011226m²

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Area Price Guide
$864,800$975,200

Indicative price guide range

🏘️
68
Comparable
📊
$510,000
Area median
⚖️
+80%
vs median
📐
$0
Per m²
📏
3011226 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Presenting an outstanding opportunity to secure a highly sought-after block of land in the vibrantand thriving suburb of Footscray. Situated within the Activity Centre Zone (ACZ), this prime site at 59Nicholson Street offers endless potential for developers and investors looking to capitalize onFootscray's rapidly growing urban landscape.Key Features:Zoning: Located in the Activity Centre Zone (ACZ), offering incredible flexibility for a wide range ofdevelopment options including residential, commercial, and mixed-use projects (STCA).Land Size: Generous block ideal for medium to high-density development. Dimension: 8.2m x 27.4mPrime Location: Centrally positioned in the heart of Footscray's bustling precinct, surrounded bycafes, restaurants, retail stores, and local amenities.Proximity to Public Transport: Walking distance to Footscray train station, multiple bus routes, andtram services, ensuring easy access to Melbourne CBD and surrounding areas.Close to Key Facilities: Just minutes from Footscray Market, Victoria University, Highpoint ShoppingCentre, and an array of educational institutions, parks, and community services.Development Potential: With zoning that supports significant growth, this property offers a uniquechance to develop in one of Melbourne's fastest-growing inner-city suburbs.This is a rare opportunity to be part of Footscray's transformation, with major development projectsalready underway in the area. Whether you're planning a large-scale commercial or residentialproject, or a mix of both, this site offers unmatched potential.For more information on this property, please contact the Agent.DISCLAIMER: All stated sizes and dimensions are approximate only. Particulars given are for generalinformation only and do not constitute any representation on the part of the vendor or agent.

Property Features

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    Repayment calculator

    $4,460/month
    $2,230 /fortnight
    Loan $736,000 at 6.10% over 30 years

    Upfront costs

    Deposit$184,000
    Stamp duty$50,270
    Conveyancing (est.)$2,000
    Total upfront$236,270
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    3011226m²
    Listed
    1 month ago

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