SoldDec 15, 2025

3 Shelley Street, Heidelberg Heights, VIC, 3081

$942,500

3
1
2
590 m²

House

30+ days on the market

Sold: Dec 15, 2025

What's around 3 Shelley Street

Turnkey Development Opportunity - Plans, Permits & Rental Income in Place

Peacefully positioned in a convenient locale primed for appreciating prospects, this immediately comfortable home set on a landholding of 594m² (approx.) awaits its next exciting chapter. Offered with endorsed plans and a planning permit for a striking multi-unit development designed by Ikonomidis Design Studio, the groundwork is complete to commence construction and capitalise on this rare opportunity. The approved plans showcase architectural excellence across three thoughtfully designed residences - one three-bedroom plus study townhouse and two two-bedroom plus retreat options - all configured with open-plan ground-floor living and dining flowing to private north-facing courtyards, well-proportioned kitchens, and additional living/retreat spaces upstairs. Unit 1 - 3 Bed + Study | 3 Bath | 2 Car Spaces | 14.75sq Designed for versatility, this home features a ground-floor bedroom perfect for downsizers or guests, open-plan living and dining, a full walk-in laundry, and a master suite with walk-in robe and ensuite upstairs. Two car spaces complete the picture, offering a well-rounded option for buyers seeking space and functionality. Unit 2 - 2 Bed + Retreat | 2 Bath | Garage | 15sq Spacious and well-proportioned, this home stands out for its larger-than-average bedrooms, generous outdoor space, and upstairs retreat that can easily convert into a third bedroom. A clever design that provides flexibility and room to grow, making it ideal for couples or small families. Unit 3 - 2 Bed + Retreat | 2 Bath | Garage | 16sq With a huge private outdoor area and a rear aspect for added privacy, this home combines open meals/kitchen living with a separate laundry and the option to transform the upstairs retreat into a third bedroom. A perfect balance of indoor and outdoor living in a quiet position. Currently occupying the site is a three-bedroom home leased for $525 per week, ensuring a rental return while you prepare for construction. Calendar Monthly - $2,281 PM (approx) Yearly Rent - $27,375 (approx) Surrounded by sought-after amenities including Rosanna Village and train station, Burgundy Street grocers and eateries, Northland Shopping Centre, Austin Hospital's major medical precinct, La Trobe University, and easy arterial access including the North East Link under construction, this property offers both a premium lifestyle and a smart development opportunity in a rapidly evolving location.

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