Opportunity Knocks – Dual Residential Properties in Heidelberg West

A rare chance to secure two side-by-side residential properties in a thriving pocket of Heidelberg West. Whether you’re a savvy investor, developer, or home buyer looking for potential, 132 & 134 Southern Road offers unparalleled flexibility and opportunity.

Property Features:
• 132 Southern Road:
A well-maintained 3-bedroom, 1-bathroom home with a spacious living area and a large backyard, perfect for families or tenants. Ideal for renovation or rental income.
• 134 Southern Road:
Similar in layout to its neighbour, this property also offers 3 bedrooms, 1 bathroom, and a generous backyard. With scope for modern updates or redevelopment, it presents endless possibilities.
Investment and Development Potential:
• Dual Lots: With over 1,294m² combined, these properties present a unique opportunity for multi-dwelling development (STCA) or a long-term investment in a fast-growing suburb.
• Prime Location: Centrally located in Heidelberg West, just minutes from schools, parks, shopping centres, and public transport. Easy access to major roads and a short drive to Heidelberg’s medical precinct and La Trobe University.
• High Rental Yield: Both homes are tenanted, making them ideal for investors looking for reliable income streams.

This is an exceptional opportunity to acquire two adjoining properties with immense potential for future growth or redevelopment. Whether you’re looking to renovate, develop, or hold for capital growth, 132 & 134 Southern Road are the perfect investment in a booming location.

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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property ID: 1336285

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers