85-89 Darebin Street, Heidelberg VIC 3084

** EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 22ND JULY AT 3:00 PM **

Belle Property Commercial is pleased to present 85-89 Darebin Street, Heidelberg, for sale by Expressions of Interest, closing on Wednesday, 22nd July at 3:00 pm.

Occupying a significant landholding of 1,735sqm*, the property benefits from favourable Activity Centre Zone - Schedule 2 (ACZ2) zoning, providing exceptional scope for future development outcomes (STCA).

Currently improved by seven (7) well-maintained two and three bedroom townhouses, the property offers the rare advantage of existing holding income while developers and investors explore the site's future potential.

Strategically located within close proximity to Heidelberg's major retail, healthcare, education, and transport infrastructure, including the Austin Hospital precinct, Heidelberg Train Station, Burgundy Street retail village, and numerous surrounding amenities, the property is ideally positioned to capitalise on continued growth and urban renewal within the area.

Key Property Highlights:

- Substantial landholding of 1,735sqm*

- Activity Centre Zone - Schedule 2 (ACZ2)

- Existing improvements comprising seven (7) two and three bedroom townhouses

- Valuable holding income with future development upside

- Current rent income: $187,200 p.a (as at September 2026)

- Positioned within one of Melbourne's most tightly held and rapidly evolving activity centre precincts

- Close proximity to Austin Hospital, Heidelberg Train Station and Burgundy Street retail village

- Outstanding development/investment opportunity (STCA)

Inspection by appointment.

For more information, please get in touch with the exclusive sales and marketing agents:

Steve Miles 0477 444 318

[email protected]

Charles Carty 0438 277 050

[email protected]

Nick Mavrodoglos 0402 318 825

[email protected]

*Approx.