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FOOTSCRAY - DEVELOPMENT

FOOTSCRAY DEVELOPMENT

PROJECT SPECIFICATION

LOCATION: Footscray
ADDRESS: 2 Hopkins Street
STATE: Victoria
PROJECT TYPE/MARKET SECTOR: Residential/commercial
SIZE: 9,209mē

PERMIT APPROVED

This property is ideally located in one of Melbourne's major rejuvenation precincts, the property comes complete with permits for an outstanding development across 4 towers, offering the flexibility to undertake a staged development.

The key attributes of the Property include:

- A substantial island site of 9,209 m²
- An approved permit for 753 apartments across 4 towers
- Premium site on the banks of the Maribyrnong River providing for uninterrupted view of Melbourne's CBD
- Positioned on the edge of the CBD in one of Victoria's best Priority Development precincts
- Outstanding location in direct proximity to public transport, significant retail amenity, two Victoria University campuses
- Walking distance to Footscray Railway Station and one of Melbourne's major Central Activities Area (CAA).
- Located only 5km* from the Melbourne CBD.

FOOTSCRAY

PROJECT SPECIFICATION

LOCATION: Footscray
ADDRESS: 2 Hopkins Street
STATE: Victoria
PROJECT TYPE/MARKET SECTOR: Residential/commercial
SIZE: 9,209mē

PERMIT APPROVED

Situated on the bank of the Maribyrnong River and boasting unprecedented vistas, this substantial site of 9,209m² is impeccably located. Positioned within a Priority Development Zone and at the forefront of the urban gateway to Melbourne's West it boasts many other substantial features.

Sitting a mere 4 kms from Melbourne's CBD, other enviable benefits are highlighted by its proximity to the mainstream infrastructure of the locality. Footscray train station, with V-Line and Metro lines and an integrated bus exchange (currently undergoing major redevelopment) can be found a short stroll away, along with the Central Footscray Commercial hub and the busy Nicholson/Hopkins/Barkly Street retail district.

This formidable parcel of land provides an exceptional opportunity to create a visible and recognizable landmark, which this project achieves through a mixed use development. This development offers the would-be resident with the sophistication of CBD living, as well as the freshness of the Maribyrnong River and its surrounding parklands.

The scheme calls for four distinctive buildings holding a total 751 apartments. Of those 278 will be one bedroom, 473 two bedroom with no 3 bedroom or penthouse apartments available. Above ground podiums will accommodate 759 car parking bays (including 50 visitor parking spaces), 277 bicycle spaces while each apartment also receives at least one storage cage. The tallest tower would sit to the site's north-west corner while a distinctive angular glass tower would front Hopkins Street and the Maribyrnong River, thereby becoming the most visible of all proposed buildings in the precinct if travelling in a westerly direction via Dynon Road.

1315m² of commercial space is expected to be split over two buildings, they being the two towers located closest to Hopkins Street. In this way retail street activation is maximised along the future Maribyrnong Street and extended Warde Street junction. Active frontages are also designed into the lower levels of all buildings fronting Maribyrnong River.

This property represents one of the best development prospects within the largest growth precinct of Footscray.

Register your interest early via our website.

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Giancorp Property Group