SOLDSavills is pleased to present 11 Yarra Street, Heidelberg, a substantial high-profile opportunity located within the tightly held Heidelberg Major Activity Centre. Offered for Private Sale, this 7,918sqm* corner landholding provides immediate functionality alongside exceptional redevelopment potential for developers, commercial operators, value add investors, and owner occupiers. Benefitting from Commercial 1 Zoning, triple street frontages and proximity to exceptional amenity, the property offers a compelling opportunity to secure a strategic large scale site with significant future potential. Key attributes of the property include: 7,918sqm* corner landholding within the Heidelberg Major Activity Centre Flexible Commercial 1 Zoning (C1Z) supporting multiple development outcomes (STCA) 245m* of combined frontage across Yarra, Banksia and Dora Streets Existing 1,022sqm* single level showroom with mezzanine office space Only minutes from the Heidelberg Medical Precinct The property benefits from close proximity to the soon to be completed $26bn* North East Link project Convenient access to expansive retail amenity on Burgundy Street & Warringal Shopping Centre Excellent transport connectivity with convenient access to Heidelberg Train Station (920m*), local bus routes and easy access to the M3 Eastern Freeway *Approximate For further information please contact: Tim Grant - 0478 666 275James Latos - 0422 604 900
The size of Heidelberg is approximately 2.9 square kilometres. There are 13 parks, covering nearly 20.0% of the total area. The population of Heidelberg in 2016 was 6225 people. By 2021 the population was 7360 showing a population growth of 18.2% in the area during that time. The predominant age group in Heidelberg is 30-39 years. Households in Heidelberg are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heidelberg work in a professional occupation.In 2021, 55.50% of the homes in Heidelberg were owner-occupied compared with 57.20% in 2016.
Heidelberg has 4,407 properties. Over the last 5 years, Houses in Heidelberg have seen a 12.62% increase in median value, while Units have seen a -0.13% decrease. As at 31 May 2026:
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