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779-785 Heidelberg Road, Alphington

BEAUTIFULLY DESIGNED PERMIT APPROVED MIXED USE PROJECT
  • Land Area:
    1,140 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $216,754.00 + GST
  • Zoning:
    Commercial 1
  • Landmark 1,140sqm* corner landholding with over 70 metres of street frontages to Heidelberg Road and Yarralea Street
  • Flexible Commercial 1 Zone allowing for a variety of uses and development
  • Existing 7-Eleven service & convenience store returning $216,754 p.a*
  • Planning permit for an eight (8) level mixed use project comprising 3,662sqm* of approved residential NSA and 358sqm* of retail
  • Retail amenity is close by with Ivanhoe’s major activity centre (1.4km*), Station Street retail, café & lifestyle strip (1.3km*) with Northcote Plaza only a short drive away (4.3km*)
  • Premier schools nearby including Alphington Grammar (150m*) and Ivanhoe Grammar (1km*)
  • A highly proven residential apartment market with a strong median house price of over $1,500,000

*approx

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