461 Upper Heidelberg Road, Heidelberg Heights presents an exceptional opportunity to secure a high-exposure landholding within the highly sought-after Activity Centre Zone (ACZ), offering enormous flexibility for high-density residential, medical and mixed-use commercial redevelopment (STCA).
Strategically positioned within proximity to the Austin Hospital and Mercy Hospital medical precinct, the property is exceptionally suited for future medical, allied health, consulting suites or mixed-use development outcomes (STCA), benefiting from strong surrounding healthcare infrastructure and ongoing demand generated by one of Melbourne's major health and education hubs.
Positioned prominently along one of the area's major arterial roads, this substantial
allotment of approximately 798sqm combines immediate holding income with significant long-term development upside in a rapidly evolving urban precinct.
Prime Mixed-Use & Medical Development Opportunity
Located within the ACZ Activity Centre Zone, the property benefits from highly favourable planning controls designed to encourage intensified residential, commercial and healthcare related development.
Key planning advantages include:
Preferred maximum building height of 16 metres
Front setback requirement of only 2 metres
High-density residential, medical and commercial mixed-use potential (STCA)
Outstanding opportunity for medical suites, consulting rooms, allied health or healthcare related uses (STCA)
Main road exposure ideal for mixed-use and medical outcomes
Rear ROW access from Clauscen Street enabling efficient vehicle circulation and flexible site planning
Regular land configuration providing strong architectural efficiency
Excellent potential for apartments, townhouses, medical/commercial suites or mixed-use development (STCA)
This is a rare opportunity for developers, medical operators, builders and land-bank
investors to capitalise on one of Melbourne's increasingly sought-after infill growth corridors and tightly held healthcare precincts.
Existing Family Residence Immediate Holding Income
Privately positioned behind a secure high fence, the existing four-bedroom residence is exceptionally well maintained and offers comfortable liveability or strong rental appeal while future plans are explored.
Current home features include:
Light-filled living area with timber flooring and open fireplace
Spacious family and dining domains
Functional kitchen with electric cooktop, wall oven and ample storage
Four generous bedrooms, including master with built-in robes and balcony access
Modern central bathroom with freestanding bathtub and oversized rain shower
Large backyard with expansive alfresco entertaining deck
Ducted heating, split system cooling, alarm system and remote garage
Ideal for owner-occupiers, investors or developers seeking valuable interim rental income.
Strategic Lifestyle, Medical & Connectivity Location
Positioned within proximity to major lifestyle, medical, education and transport
infrastructure, the property enjoys exceptional convenience and long-term growth
fundamentals.
Walking distance to:
Burgundy Street café and retail precinct
Heidelberg Train Station with direct CBD connectivity
Austin Hospital & Mercy Hospital medical precinct
Warringal Shopping Centre
Quality schools, parklands and Yarra River trails
Also, moments from La Trobe University, extensive recreational facilities and key arterial connections.
A premium opportunity to secure a flexible development site within one of Melbourne's most tightly held, infrastructure-rich and healthcare-driven activity centre locations.
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Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
