CBRE Healthcare & Social Infrastructure are pleased to invite all operators to submit their interests to be a part of the new Footscray Hospital.
Located approximately 9 kilometres west of the Melbourne CBD on the western corner of the intersection of Geelong and Ballarat Roads, Footscray. The Project Site is bordered by Geelong Road in the southeast, Ballarat Road in the north, Federal Street in the southwest and Tiernan Street in the northwest.
The new Footscray Hospital will be an exemplary and enduring tertiary hospital that enables delivery of world-class health care to the community of Melbourne's west. While a hospital first and foremost, it will also be a catalyst for change, supporting the development of a broader health, education, research and community precinct.
The commercial healthcare and office space ranges from 1099sqm on level one to 1644sqm* on level 2 and 3. The area is suitable to GP clinics, medical users, allied health, and office tenants who would benefit from the synergies of being co-located adjacent to a major Victorian public hospital. There is also a rare state of the art 97 PLC childcare facility on level 4.
This modern facility not only serves as a testament to superior healthcare but also addresses a critical need in Melbourne's west. It will provide residents with increased access to high-quality healthcare services closer to home and significantly augments the long-term capacity of public health services in the region. Anticipating a demand that is expected to more than double over the next 20 years, this property stands as a strategic investment in the future of healthcare.
+ Positioned within $1.5B facility with over 500+ beds, taking advantage of high patient & visitor throughput, and significant on-site workforce
+ Convenient access and prominent corner street frontages on both Geelong and Ballarat Roads
+ 1km (approx.) from Footscray Railway Station and close to a number of tram stops inc Droop
Street tram stop (Route 82, Stop 60)
+ State of the art building with floor plate ranging from 1099sqm to 1644sqm
+ Permitted childcare spaces available - with over 2,000 jobs created by the precinct, quality childcare facility will be of great demand for staff and local residents
+ 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
+ A 5 Star Green Star hospital including capacity to collect and reuse 90 per cent of roof rainwater
LOCATION
+ Households in Footscray have a higher percentage of Household incomes in the income brackets of $0 to $799; $800 to $1,499 and $1,500 to $1,999 than the rest of Greater Melbourne (i.e. Higher concentration of lower income households).
+ City of Maribyrnong population expected to increase from 91,479 in 2023 to 155,006 in 2051, a 70% increase
+ The site is positioned prominently on the corner of Geelong and Ballarat road with easy of access and significant signage opportunities
+ Retail Trade, Professional, Scientific and Technical Services and Health Care and Social Assistance represent the key industries making up the 'Top 5' number of registered businesses. As demonstrated in other benchmark health precincts, health ancillary services are well positioned to leverage the strategic linkage to the core hospital
FOR LEASE VIA EXPRESSIONS OF INTEREST
For further information, please contact the exclusive leasing agents:
Sandro Peluso
+61 418 389 757
Marcello Caspani-Muto
+61 417 065 777
Jimmy Tat
+61 439 399 118
