Land/Development for Sale

470 & 472 Geelong Road WEST FOOTSCRAY, VIC 3012

EOI closed - Offers under review.
  • Building: 1m²
  • Land: 2,518m²

Contact the agent if you'd like further information.

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Land/Development for Sale in WEST FOOTSCRAY

Rare Melbourne Retail Development Opportunities

  • Building: 1m²
  • Land: 2,518m²

Two high-profile West Footscray development sites offered individually or in-one-line

Ray White Retail is proud to present 248 Geelong Road and 470 & 472 Geelong Road, West Footscray representing two strategically positioned landholdings with outstanding exposure, scale and redevelopment potential along one of Melbourne's key arterial corridors.

EOI closed - Offers under review.

The Opportunity

A rare landholding in Melbourne's inner-west with strong fundamentals for future retail, fast food, convenience, fuel, large format retail or mixed commercial outcomes.

Key highlights include:

  • Combined land area of 5,603sqm*
  • Exposure to approximately 45,000 vehicles daily
  • Prominent corner positions with extensive frontage
  • Existing improvements providing holding income
  • Strong redevelopment potential, subject to planning approval
  • Positioned within an established and evolving retail and commercial precinct

Both properties are currently occupied as used car dealerships and mechanical workshops, offering immediate holding income while future development plans are considered.

248 Geelong Road, West Footscray

A prominent corner landholding positioned within a bustling large format retail precinct, directly opposite Bunnings Warehouse.

Property highlights:

  • 3,085sqm* rectangular site
  • 108 metres* of frontage to Geelong Road and Geelong Street
  • Industrial 1 Zone
  • High-exposure corner location
  • Surrounded by established bulky goods, trade and retail occupiers

470 & 472 Geelong Road, West Footscray
Two adjoining sites offering excellent frontage, flexible future development options and convenient service road access.

Property highlights:

  • Combined land area of 2,518sqm* (470: 963sqm + 472: 1,555sqm)
  • 50 metres* of frontage to Geelong Road
  • Commercial 2 Zone
  • Dedicated service road access
  • Strong suitability for retail, convenience and service-based uses (STCA)

With substantial land area, major road exposure and flexible zoning profiles, these sites represent a compelling opportunity for developers, owner-occupiers, investors and retailers seeking a foothold in Melbourne's rapidly evolving inner-west.

EOI closed - Offers under review.

*Approx.

Building:

1m²

Land:

2,518m² / 0.62 acres

Tenancy:

Vacant

Categories:

Land/Development, Retail, Showrooms/Bulky Goods

Due diligence checklist for home and residential property buyers

470 & 472 Geelong Road, WEST FOOTSCRAY, VIC 3012
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