56 Raleigh Street, Footscray, Vic 3011

$1,050,000 - $1,000,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings
240 mΒ²
Area

Published on Friday, August 07, 2026 ( See property details for 56 Raleigh Street, Footscray, Vic 3011)

$1,050,000 - $1,000,000

Jason Allen DIRECTOR (O.I.E.C)/ AUCTIONEER / LICENSED ESTATE AGENT
Steven Taleski Sales and Marketing Consultant
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile period home on a prime corner block in Footscray offering exceptional redevelopment potential and a vibrant lifestyle location.

🏑 Property Highlights

  • Prime corner allotment with exceptional redevelopment potential (STCA).
  • Highly sought-after Activity Centre Zone (ACZ) providing flexible development options.
  • Outstanding location just a two-minute walk to Middle Footscray Station.
  • Close proximity to Footscray Station, Footscray Plaza, and local amenities.
  • Potential to restore original period charm or develop multiple dwellings.
  • Situated in a rapidly evolving precinct with increasing land scarcity.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Formal Lounge
  • Central Bathroom
  • Period Home Character
  • Corner Allotment
  • Close to Public Transport
  • Development Potential (STCA)
  • Close to Parks and River
  • Vibrant Local Precinct
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56 Raleigh Street
Footscray, VIC 3011
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Vertical aerial view β€” 56 Raleigh Street
56 Raleigh Street — Vertical Aerial  •  Footscray, VIC 3011  •  Nearmap © 2026

Footscray is a vibrant, multicultural suburb renowned for its diverse dining, lively arts scene, and excellent transport links. Key highlights include its proximity to the Maribyrnong River, extensive parklands, and a thriving local community. The area offers a mix of historic charm and modern development, making it ideal for both owner-occupiers and investors seeking long-term growth. With easy access to Melbourne CBD and a range of educational institutions, Footscray continues to attract a dynamic and expanding population.

What are the potential development options for this property?
Subject to council approval (STCA), the property can be developed into multiple townhomes, a larger single residence, or other mixed-use developments, leveraging its corner position and zoning flexibility.
Is there scope to restore the home's original character?
Yes, the property offers the opportunity to restore or enhance its period features, creating a charming family home or boutique residence.
What amenities and transport options are nearby?
The property is just a two-minute walk to Middle Footscray Station, with Footscray Station, Footscray Plaza, and local schools within easy reach, providing excellent connectivity.
Are there any restrictions or approvals needed for redevelopment?
Yes, redevelopment would require planning approval from the local council, particularly under the Activity Centre Zone (ACZ).
What is the condition of the existing house?
The house is a charming period home with potential for restoration; a detailed inspection is recommended to assess any necessary repairs or upgrades.
Are there any existing easements, covenants, or zoning restrictions that could impact redevelopment plans? Has a recent building and pest inspection been conducted, and are there any structural issues? Are there any upcoming council or community planning activities that could affect the property’s value or development potential? What are the total costs involved in obtaining necessary approvals and complying with local regulations? Is the property located within a flood or bushfire risk zone, and what mitigation measures are recommended?

56 Raleigh Street, Footscray, Vic 3011 - More Details

$1,050,000 - $1,000,000

Positioned on a prized corner allotment of approximately 240sqm, this charming period home presents an increasingly rare opportunity to secure a foothold in one of Footscray's most tightly held and rapidly evolving precincts.

Whether you're looking to restore the home's original character, build your dream residence, construct two substantial townhomes or explore a larger redevelopment opportunity (STCA), the Activity Centre Zone (ACZ) provides exceptional flexibility and exciting long term potential.

Behind its charming faΓ§ade lies a classic period floorplan comprising three generous bedrooms, a formal lounge, kitchen with meals area and central bathroom, providing comfortable accommodation while you plan your next move.

The true value, however, lies in its outstanding corner position and highly sought after zoning. Opportunities to secure land within the Activity Centre Zone are becoming increasingly scarce, making this an ideal acquisition for developers, investors and owner occupiers alike.

Adding to the appeal is an unbeatable lifestyle location, just a two minute walk to Middle Footscray Station and an easy stroll to Footscray Station, Footscray Plaza, Footscray Hospital, Barkly Street, the Seddon village, Victoria University and several local schools.

Enjoy the vibrant cafΓ© and restaurant precinct, nearby parklands and the Maribyrnong River, with Melbourne's CBD only minutes away.

Whether you're inspired by the home's period charm or the incredible redevelopment potential, this is a property that offers today's lifestyle with tomorrow's upside.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
Area
240 mΒ²

Price guide

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