Footscray Hospital, 89 Ballarat Road, Footscray, VIC 3011

Offices

For Lease

  • Property ID: 443823

Future Proof and Fitzroys are delighted to act on behalf of Plenary Health to offer these exceptional retail and hospitality opportunities at the New Footscray Hospital via Expressions of Interest.
Positioned on the corner of Geelong and Ballarat Roads, this brand new $1.5 billion New Footscray Hospital is the single largest health infrastructure project in Victoria’s history and will include an emergency department and deliver more than 500 inpatient beds.
Operated by Western Health, this new hospital spans over 10 levels across 5 buildings and will employ over 5,000 staff, treating an extra 15,000 patients per year while catering for nearly 20,000 emergency department patients each year.
Affectionately known as the ‘Peoples Hospital’ for the west, the facility will feature a mix of amenities including childcare, gymnasium, pharmacy, general practice, community health along with hospital, retail and office tenancies and connect to Victoria University via a footbridge over Ballarat Road.
Other key features of the offering include:
10 tenancies being offered with building areas ranging from 36sqm to 595sqmPositioned within $1.5 billion state of the art New Footscray Hospital across 5 buildings with over 500 inpatient beds and new emergency department Suitable for a multitude of uses including cafes, restaurants, speciality retail, small format supermarket/convenience and gymnasium/fitness optionsSeeking industry leaders in hospitality and retail services Victoria University set to open a 5,000sqm* education and research facility plus direct access to Victoria University via footbridge over Ballarat Road Estimated handover for fit out mid 2025 with the New Footscray Hospital set to open late 2025
Fitzroys and Future Proof are inviting Expressions of Interest which must be lodged on or before 5.00pm Friday 10th May 2024.
For a copy of the Information Memorandum or further details please contact Fitzroys or Future Proof.
*Approx.

Footscray Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $97 ---
Offices --- $821 ---
Retail $4756 $407 8.56%
This is the average advertised price, rent and yield for Footscray, VIC 3011*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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