PREMIUM PARKSIDE DEVELOPMENT OPPORTUNITY

56-60 Rosanna Road & 43 Brown Street
Heidelberg

Gross Waddell ICR is excited to offer this rare Heidelberg opportunity consisting of a permit for a premium 4 level residential development. Adjoining Heidelberg Park, this exceptional offering is set within a vibrant precinct rich in lifestyle and retail amenities.

Property highlights include:

• Permit approved for a luxury 4 level residential development in a highly sought-after area

• Substantial permit envelope with over 4,966 sqm of GBA*

• Perfectly situated Heidelberg super site consisting of 2,059 sqm*

• Residing on 3 separate house titles providing short-term holding income with all 3 properties currently leased

• Expansive 90m* frontage to Rosanna Road & Brown Street plus an irreplaceable 41m* frontage to Heidelberg Park

• Blue chip location adjoining Heidelberg Park offering the ultimate in lifestyle amenity with access to Yarra River walking tracks, ovals, playgrounds and dog parks

• Within close proximity to an abundance of amenity including Warringal Shopping Centre, Burgundy Street retail shopping strip, Austin Hospital, Heidelberg Primary School and Heidelberg train station

• Heidelberg has a soaring median house of $1,500,000 (source REIV) with a 9.5% quarterly price growth

For more information, please contact Gross Waddell ICR directly.

*approx.

Alex Ham

Director - Sales - Partner

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Danny Clark

Managing Director - Head of Sales - Partner

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Price

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