As a developer, you understand that time is money. So when you have a chance to skip the queue and secure a large 678.9sqm (approx.) allotment with endorsed plans and permits for three luxury homes just as this property does, you know you'll have to move quickly to secure this first-class development opportunity in the prestigious Bellfield Estate.
With all the time-consuming work involved in obtaining working drawings, structural report, point of discharge, sewage/drainage and soil reports completed, you're therefore free to commence the building process the instant the keys to this exciting property are in your hand!
Offering a mix of two and four-bedroom residences (Unit 1: 19sq (approx.), four bedrooms, three bathrooms and two car spaces; Unit 2: 12.5sq (approx.), two bedrooms, two bathrooms and one car space; Unit 3: 15.1sq (approx.), four bedrooms, two bathrooms and two car spaces), once complete your future development will enjoy walking distance access to the Darebin Creek Trail, Cyril Cummins Reserve, Bell Street buses and Bell Street Mall and easy access to Northland Shopping Centre, Ivanhoe Plaza, excellent schools, trendy cafes, Heidelberg train station, La Trobe University and the Heidelberg medical precinct.
An existing single-level three-bedroom home currently occupies the block, and with a generous light-filled living area with polished timber floorboards, spacious well-appointed kitchen, large grassed backyard and split-system heating/cooling, you could lease out the home and line your pockets with income until you're ready to get construction underway.