1 Calola Street, Heidelberg West, Vic 3081

Permit Approved for FOUR BOUTIQUE PARKSIDE TOWNHOUSES in booming suburb only 25 minutes from Melbourne CBD.

This property represents a remarkable opportunity within north-eastern Melbourne. The plans designed by MLD Studio provide a unique design and the site offers a sought after aspect to the park – a truly exceptional development site with planning permit approval.

KEY SELLING POINTS:

- Newly approved permit for 4 premium architecturally designed townhouses, designed by respected MLD Studio. Characterised by free flowing living spaces and modern design that will appeal to the demographic of young families/professionals buying into the area. All 4 units provide spacious floor plans with three bedrooms, two/three bathrooms, and two car spaces.

- Prominent corner landholding of 704 sqm (approx.) across the road from Malahang Reserve, and moments from Ivanhoe Shopping Village, Northland Shopping Centre, and Heidelberg Activity Centre (the designated Medical Precinct within Victoria) including the Austin & Repatriation Hospital and Olivia Newton John Wellness Centre.

- Well serviced by public transport including Heidelberg & Ivanhoe Train Station and comprehensive bus network.

- Heidelberg West offers tremendous value 12km from the CBD. It is surrounded by million dollar suburbs such as Ivanhoe and is fast becoming home to young families' who desire a highly central location.

- Heidelberg West continues to be a strong performer with phenomenal growth. It is clear that it is in-demand with 1,429 visits per property compared with Melbourne's average of 700 visits per property on realestate.com.au (June 2017).

CURRENT CONDITION:

- The current residence contains a neat and tidy three bedroom brick home with one bathroom, two toilets and a single car garage.

- The property is currently leased on a month-to-month basis at $1,521 per calendar month.

Please contact us for further information.