61 Swanston Street, Heidelberg Heights, Vic 3081

$1,125,000-$1,237,500

House
Type
2
Bedrooms
1
Bathrooms
700 m²
Area

Published on Friday, August 07, 2026 ( See property details for 61 Swanston Street, Heidelberg Heights, Vic 3081)

$1,125,000-$1,237,500

  • 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 three stylish town residences on a generous 700m2 allotment, perfect for investors and builders seeking a turnkey project in a sought-after location.

🏡 Property Highlights

  • Approved plans and permits for three architecturally designed town residences
  • Substantial land area of approximately 700m2 in a premium Heidelberg Heights location
  • Ready-to-go development project with minimal planning delays
  • Close proximity to schools, parklands, shopping precincts, and major hospitals
  • Flexible layouts with four and three-bedroom designs across the residences
  • Strong investment opportunity in Melbourne's thriving growth corridor

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Floorboards
  • Alarm system
  • Broadband
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61 Swanston Street
Heidelberg Heights, VIC 3081
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Vertical aerial view — 61 Swanston Street
61 Swanston Street — Vertical Aerial  •  Heidelberg Heights, VIC 3081  •  Nearmap © 2026

Heidelberg Heights is a highly sought-after suburb renowned for its vibrant community, excellent schools, and lush parklands. Its convenient location offers easy access to major hospitals, shopping precincts, and transport links, making it ideal for families and investors alike. The area boasts a strong growth trajectory, supported by ongoing infrastructure improvements and a thriving local economy.

What is the expected timeline for construction once permits are obtained?
Construction timelines typically range from 12 to 18 months, depending on the builder and project scope, allowing for a smooth and efficient development process.
Are there any restrictions or covenants on the land that could affect development?
The approved plans and permits have been secured, and any specific restrictions or covenants are outlined in the development approval documentation, which should be reviewed prior to commencement.
Can the existing approved plans be modified to suit specific needs?
Yes, modifications can be considered; however, any changes would require approval from relevant planning authorities and may impact the current permits.
What are the zoning details and potential for further development on the site?
The property is zoned for residential development, with approved plans for three town residences, and any additional development would need to comply with local zoning regulations.
Are there any known environmental or site-specific issues affecting the land?
There are no known environmental issues; the site has been thoroughly assessed during the planning process, and permits have been secured based on this assessment.
Are there any additional costs or fees associated with the development approval process that are not included in the current permits? Has the land been tested for soil stability and suitability for construction? Are there any upcoming infrastructure projects or planning changes in the area that could impact the development? Is there any history of flooding or bushfire risk on the site? Are there any existing easements, covenants, or restrictions that could limit future development or use of the property?

61 Swanston Street, Heidelberg Heights, Vic 3081 - More Details

$1,125,000-$1,237,500

Unlock the potential of this outstanding Heidelberg Heights development opportunity, complete with approved plans and permits for three architecturally designed town residences on a substantial allotment of approximately 700m2.

Perfectly positioned in a highly sought-after pocket close to schools, parklands, shopping, transport and major hospitals, this ready-to-go project offers developers and builders an exceptional opportunity to fast-track their next venture.

The approved development comprises:

Residence 1
- Spacious four-bedroom design
- Approximately 178.7m2 (19.2 squares) including garage
- Private Open Space: 111.3m2

Residence 2
- Generous four-bedroom layout
- Approximately 193.1m2 (20.8 squares) including garage
- Private Open Space: 61.9m2

Residence 3
- Contemporary three-bedroom design
- Approximately 174.4m2 (18.8 squares) including garage
- Private Open Space: 45.8m2

With permits secured and thoughtfully designed floorplans already approved, this is a rare opportunity to capitalise on strong demand for quality new homes in a thriving lifestyle location.
Key Highlights

- Land area: approximately 700m2
- Approved plans and permits for three town residences
- Substantial dwellings ranging from 18.8 to 20.8 squares
- Premium Heidelberg Heights location
- Easy access to Ivanhoe, Burgundy Street precinct, hospitals, La Trobe University and transport
- Commence construction without the delays and uncertainty of the planning process

An outstanding proposition for developers, investors and builders seeking a turnkey project in one of Melbourne's most consistently popular growth corridors.
Miles Real Estate.
Type
House
Bedrooms
2
Bathrooms
1
Area
700 m²

Price guide

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