59 Yarra Street, Heidelberg, VIC, 3084

An exceptional opportunity exists for the astute builder/developer to secure a parcel of real estate in a premiere position with plans and permits for an apartment building. Located in central Heidelberg, the existing planning permit is for a boutique apartment building consisting of 10 apartments with basement car parking.

The existing residence is a classic 1950's home on a prime 779m2 allotment (approx) with views to Burgundy Street precinct. Elevated on the high side of Yarra Street, you have the opportunity to utilise the existing permit for apartments, build a new residence or renovate the existing home (STCA). The existing home offers three bedrooms, north-facing lounge and dining rooms, kitchen/meals, bathroom, multi-purpose room, workshop, large backyard and double garage. Close proximity to the Austin/Mercy hospitals and medical facilities, cafes, restaurants, shops, Heidelberg station and Yarra River parklands.

For Sale By Expressions of Interest Closing 30 March at 5pm.
Price Guide: $2,000,000 - $2,200,000

For further details contact the selling agent Peter Bozinoski on 0413136486.
Upper East Side Real Estate.

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