Positioned within one of Melbourne's most established healthcare, education and lifestyle destinations, this neat property presents a rare opportunity to secure a substantial landholding of approximately 790sqm (plus side laneway car access), within the highly sought-after Activity Centre Zone (ACZ).
This zoning offers exceptional scope for residential, medical and mixed-use apartment redevelopment (STCA).
Within easy walking distance to Burgundy Street shops and cafes, Heidelberg train station, the Austin and Mercy Hospital medical precinct and Warringal Shopping Centre, this strategic site combines an immediately comfortable brick veneer home with wonderful development potential (STCA) in one of Melbourne's infrastructure rich corridors.
Benefiting from favourable planning controls designed to encourage intensified residential, commercial and healthcare-related development, the property is exceptionally well suited to apartments, townhouses, medical suites, consulting rooms, allied health facilities and mixed-use outcomes (STCA).
Key planning advantages include:
Activity Centre Zone (ACZ).
Easy car access via full length side laneway and front driveway crossing.
Already 2 Lots on title.
Preferred maximum building height of 16 metres.
Front setback requirement of only 2 metres.
High-density residential, medical and mixed-use development potential (STCA).
Outstanding opportunity for medical suites, consulting rooms, allied health and healthcare-related uses (STCA)
Strong demand generated by the nearby Austin and Mercy Hospital precincts.
Regular allotment providing excellent architectural efficiency and design flexibility.
Exceptional opportunity to capitalise on Heidelberg's expanding healthcare and activity centre precinct.
The existing light filled residence provides valuable flexibility for purchasers seeking immediate occupancy or rental income while future plans are explored.
The spacious home comprises 4 generous bedrooms, multiple living and dining zones, a functional family-sized kitchen, two bathrooms and ample off-street parking.
Well maintained throughout, it offers comfortable accommodation for owner-occupiers and strong appeal for investors seeking a quality holding asset in a blue-chip location.
Beyond the property's impressive development credentials, the lifestyle offering is equally compelling. Also enjoying easy access to Yarra River trail network / parklands, La Trobe University and major arterial road connections.
