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2. Property Highlights

  • Irreplaceable land holding of 7,918 sqm
  • Prime Commercial 1 zoning
  • Within Heidelberg Activity Centre

The Wait Is Over.

Gorman Allard Shelton is pleased to provide purchasers with a truly "Once in a Generation Opportunity" to acquire one of Melbourne’s most high profile and recognised corner locations.

The property boasts an enormous land parcel of almost two acres (7,918 sqm) situated at the most major thoroughfare of the northern suburbs.

For Private Sale.

Key highlights of the property are as follows:

* A truly rare landholding of 7,918 sqm approx.

* Prime Commercial 1 zoning providing a multitude of uses and future development outcomes (STCA)

* Boasting unrivalled exposure with three street frontages to Banksia Street, Dora Street and Yarra Street totalling 250+ metres

* A chance for developers to deliver a large scale project suitable for residential, commercial, Build To Rent, medical, showroom plus many more options (STCA)

* Real opportunity for future owner occupiers including large format retail, car dealerships, hardware and self storage (STCA)

* Located within the tightly held mixed-use Heidelberg Activity Centre and positioned within the Heidelberg Structure Plan indicating future building heights of 26 metres (8 storeys) (STCA)

* High exposure location with 47,000 cars passing daily

* Walking distance to Burgundy Street retail amenity anchored by major supermarket tenants and Warringal Shopping Centre

* Close proximity to major arterial routes, including the soon to be completed “North-East Link”, Banksia Street and Lower Heidelberg Road

Surrounded by major infrastructure and health facilities such as the Austin Hospital Health precinct, Dorevitch Pathology and Warringal Hospital. Only 900 metres to Heidelberg Train Station providing direct connectivity to the Melbourne CBD, plus multiple bus services along Banksia Street and Lower Heidelberg Road.

Remember to mention you found this property on DevelopmentReady

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4. Property Location

11 Yarra Street, Heidelberg, VIC 3084