380 Waterdale Road, Heidelberg Heights, Vic 3081

$1,100,000 - $1,200,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
662 m²
Area

Published on Friday, March 13, 2026 ( See property details for 380 Waterdale Road, Heidelberg Heights, Vic 3081)

$1,100,000 - $1,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare development opportunity in Heidelberg Heights offering approved plans for 14 contemporary residences in a highly connected, amenity-rich location.

🏡 Property Highlights

  • Permit-approved landholding with development potential for 14 residences
  • Prime location near Burgundy Street’s vibrant café culture and Darebin Creek trails
  • Flexible design with a mix of one- and two-bedroom apartments
  • Close to Northland Shopping Centre and Warringal Parklands
  • Immediate access to parks, schools, major retail, and public transport
  • Approval certainty with scope for high-quality, low-maintenance homes

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Internal Laundry
  • Ceiling Fans
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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380 Waterdale Road
Heidelberg Heights, VIC 3081
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Vertical aerial view — 380 Waterdale Road
380 Waterdale Road — Vertical Aerial  •  Heidelberg Heights, VIC 3081  •  Nearmap © 2026

Heidelberg Heights is a highly desirable suburb known for its vibrant community atmosphere, excellent connectivity via public transport, proximity to major retail and recreational facilities, and a range of parks and schools. Its convenient location near La Trobe University and arterial roads makes it ideal for both families and investors seeking a lifestyle of ease and accessibility.

What is the current zoning and development approval status for this property?
The property has permit approval for a development of 14 residences within the approved building envelope, providing certainty for future construction.
Are there any restrictions or covenants associated with the approved development plans?
All development plans are subject to local council regulations and conditions outlined in the permit approval; further details can be obtained from the planning authority.
What are the expected completion timelines once development commences?
Timelines depend on the construction schedule, but typically, projects of this scope may take approximately 12-18 months from commencement to completion.
Is there any ongoing maintenance or additional costs associated with the landholding?
As a development site, ongoing costs are minimal until construction begins; potential costs include council fees, permits, and site preparation.
What amenities and infrastructure are available nearby?
The location offers proximity to parks, schools, major retail outlets, public transport, La Trobe University, and arterial roads for seamless connectivity.
Are there any hidden costs or fees associated with the development approval process? Has the site been surveyed for any easements, zoning restrictions, or environmental issues? Are there any planned or upcoming construction projects nearby that could impact the development? What are the specific planning and building regulations I should be aware of? Is there any history of flooding, bushfire risk, or other environmental hazards on the site? Are there any strata or body corporate considerations if the project involves multiple dwellings? What is the timeline for obtaining all necessary permits and approvals for construction? Are there any restrictions on the scope of design or materials used for the residences? What are the potential costs for site preparation or remediation if needed? Is the land title clear, and are there any existing encumbrances or liens on the property?

380 Waterdale Road, Heidelberg Heights, Vic 3081 - More Details

$1,100,000 - $1,200,000

A rare, permit-approved landholding in one of Heidelberg Heights’ most connected pockets, this outstanding development opportunity is ready to reward decisive developers. Set within immediate reach of Burgundy Street’s vibrant café culture, Darebin Creek trails, Northland Shopping Centre and the Warringal Parklands, the site combines lifestyle demand with proven buyer appeal.

The approved building envelope of approximately 662sqm accommodates 14 contemporary residences, thoughtfully designed to meet modern market expectations. A mix of one- and two-bedroom apartments with one or two bathrooms provides flexibility to target owner-occupiers and investors alike, responding directly to ongoing demand for low-maintenance, easy-living homes.

Future residences are positioned to deliver enduring lifestyle value, with scope for a refined material palette and considered design expression—allowing developers to elevate the project while maintaining strong commercial fundamentals.

This amenity-rich location places parks, schools, major retail, and public transport at the doorstep, with La Trobe University nearby and Heidelberg Station and key arterial roads ensuring seamless connectivity. The result is a compelling offering: approval certainty, design flexibility, and a location that consistently attracts buyers seeking convenience without compromise.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
662 m²

Price guide

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