A prime development opportunity too good to miss

Plans/Permits Approved for 8 Townhouses

Attention all savvy investors and property developers with a keen eye for potential, this is a rare and highly sought-after opportunity that’s simply too good to miss. On offer are two adjacent lots with a combined land size of 1,582sqm and a total frontage along Altona Street of 33.4m.

Currently, there are two existing homes on the lots which could be offered to the rental market as-is while you work with council on your future development plans. Both homes are designed for comfortable and low-maintenance family living with a long list of charming features, light-filled living spaces and good-size fenced backyards for those with kids or pets.

Austin Hospital and Heidelberg Repatriation Hospital are both just a short walk from this impressive site along with bus stops and Rosanna and Heidelberg train stations. There are a host of shops and picturesque parks within easy reach while future residents will love living only moments from Melbourne Polytechnic, Rosanna Primary School and the bustling Northland Shopping Centre.

A five-minute drive will take you to the La Trobe University, Melbourne Campus, and you’re less than 15 minutes from Rosanna Golf Course. Whether you’re travelling into the CBD for work or pleasure, you can be in the heart of the action in just 35 minutes by car.

Pending council approval, you could look to create a modern and stylish residential development that takes full advantage of this prime location while at the same time, satisfying the demand for quality properties in the area.

- Two lots totalling 1,582sqm with a 33.4m frontage
- Prime development and investment opportunity
- Two existing homes that could be offered for rent
- 8 Luxury townhouses plan and permit ready to build
- Central to shopping, schools and tertiary institutions
- A short walk from bus stops and train stations
- Just 35 minutes from the Melbourne CBD