1208SQM OPPORTUNITY - 200M TO HEATHERDALE STATION

Set on a substantial 1208sqm (approx.) allotment with a wide 19.9-metre (approx.) frontage, this property offers exceptional scope for redevelopment or future enhancement, including potential for a four-townhouse development (STCA). The site is currently improved by a solid, character-filled dwelling, providing flexibility for redevelopment planning while retaining an existing home on site. The existing residence comprises three bedrooms, multiple living zones, an updated kitchen, an expansive spa bathroom with dual vanity, gas ducted heating and evaporative cooling. Outdoor features include an outdoor pergola, double garage and under-house storage, making the home suitable for continued occupation or leasing prior to redevelopment. Currently tenanted at $2,542.00 per calendar month until 21 April 2026, the property provides income while plans are progressed. Positioned along Heatherdale Road and approximately 200 metres from Heatherdale Train Station, the property enjoys excellent connectivity to EastLink freeway access and Eastland Shopping Centre, and is conveniently located near Rangeview Primary School, Ringwood Secondary College and Heatherdale Reserve. Surrounded by established residential housing and ongoing redevelopment activity, this is a rare opportunity to secure a sizeable landholding with an existing dwelling in a high-demand Mitcham location.