122 Porter RoadHeidelberg Heights VIC 3081
Property Details for 122 Porter Rd, Heidelberg Heights
122 Porter Rd, Heidelberg Heights is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1858m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (November 2023)
With the process of obtaining a permit taking longer, pricier, & harder, take advantage of this great opportunity to purchase a 1,858m (Approx.) allotment (30 metre frontage) which includes a Planning Permit for 11 dwellings. With the original home currently leased for $2,998 PCM on a monthly basis, simply build now or land bank.
Proposed units comprise;
-Unit 1: 4 bed, 1 retreat, 3 bath, 2 car garage
-Unit 3: 3 bed, 3 bath, 2 car garage
-Unit 4: 3 bed, 3 bath, 2 car garage
-Unit 5: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 6: 3 bed, 3 bath, 2 car garage
-Unit 7: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 8: 3 bed, 3 bath, 2 car garage
-Unit 9: 3 bed, 3 bath, 1 retreat, 2 car garage
-Unit 10: 3 bed, 3 bath, 2 car garage
-Unit 11: 3 bed, 3 bath, 1 retreat, 2 car garage
For a copy of the Planning Permit & Endorsed Plans, please request via email at hashmi@zainre.com.au
Existing property comprises;
- 1,858m (Approx.) allotment with 30m wide frontage
- Five spacious bedrooms with built-in-robes, including master with full ensuite and extra- large walk-in-wardrobe
- Central bathroom with large bathtub, shower, water closet and cabinetry space
- Separate laundry and utility room with washing machine and sink
- Open-plan living room and additional family room
- Outdoor swimming pool for the family to enjoy
- Expansive rear garden with undercover deck, separate spa, swimming pool, storage shed and substantive lawn space
- Superbly located close to Rosanna parklands, La Trobe University, Northland shopping Centre and ample public transport
- Currently leased for $2,998 per month (Periodic Lease)
Located in the sought-after Heidelberg Heights, this property offers convenience and accessibility. Close to local amenities, reputable schools, and public transportation, everything you need is just a stone's throw away.
Don't pass up this lucrative development opportunity. This property, with a price range of $3,000,000 - $3,300,000, offers exceptional profitable development value for its impressive features and prime location.
Property History for 122 Porter Rd, Heidelberg Heights, VIC 3081
- 04 Sep 2023Listed for Sale $3,000,000 - $3,300,000
- 30 Mar 2022Listed for Sale $3,000,000 - $3,300,000
- 29 Oct 2021Listed for Sale $3,650,000
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About Heidelberg Heights 3081
The size of Heidelberg Heights is approximately 2.1 square kilometres. It has 3 parks covering nearly 3.5% of total area. The population of Heidelberg Heights in 2011 was 6,387 people. By 2016 the population was 6,083 showing a population decline of 4.8% in the area during that time. The predominant age group in Heidelberg Heights is 30-39 years. Households in Heidelberg Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg Heights work in a professional occupation. In 2011, 56.9% of the homes in Heidelberg Heights were owner-occupied compared with 57.2% in 2016.
Heidelberg Heights has 3,994 properties. Over the last 5 years, Houses in Heidelberg Heights have seen a 28.17% increase in median value, while Units have seen a 19.61% increase. As at 31 July 2024:
- The median value for Houses in Heidelberg Heights is $942,911 while the median value for Units is $684,234.
- Houses have a median rent of $550 while Units have a median rent of $550.
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