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97 Hawdon Street, Heidelberg VIC 3084

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RGZ1 - Development Opportunity in Central Heidelberg STCA

*Important - Any advertised open for inspections times are the available private appointment times. Only registered attendees will be able to view the property, you MUST ensure you are registered to attend the private appointment. Inspections are permitted to a maximum of 10 people inside at any time, subject to the density quotient of 1 person per 4 sqm. All Nelson Alexander opens will be conducted in accordance with the current government requirements. Thank you*

Taking advantage of a central Heidelberg location, just metres from excellent shops, restaurants and cafes on Burgundy Street, with Heidelberg Station and beautiful Heidelberg Park just a stroll away, and only 20 minutes from the city, this stunning residential development opportunity (STCA) on 1167sqm (approx.) is ideally placed within the Residential Growth Zone (RGZ1) and well-positioned for major hospitals - creating immediate appeal for professionals and investors alike looking to develop apartments.

The existing circa-1960 apartment complex comprises four well-presented dwellings that are perfectly liveable - two 4-bed, 2-bath, 2-car, and two 2-bed, 1-bath, 1-car apartments - with potential rental returns of approx. $81k p/a, providing the attractive scope to earn rental income while you make your development plans. Within the highly sought-after Viewbank College zone. Heidelberg is fast shaping up as a Major Activity Centre and will become a key transport hub in Melbourne's Suburban Rail Loop. Opportunities of this calibre are rare, so make the call today!

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Heidelberg

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