1&5 Hero Street, Diggers Rest VIC 3427

Enjoying a premium Bloomdale Estate setting with a combined land size of 1,886m2 (approx.) across numbers 1 and 5 Hero Street, this is a rare opportunity to acquire a secure investment in a high-visibility location across the road from Diggers Rest Early Learning Centre, medical centre, and primary school.

Both Number 1 and 5 Hero Street come with a current lease in place. With number 5 Hero Street being a vacant land site with approved plans and permits for 6 double-storey residential dwellings, while also offering scope to re-do the plans for a higher density residential development across both allotments, or other suitable site uses like a new childcare facility (subject to council approval).

The location is ideally positioned in the fast-growing family-friendly Diggers Rest location, within walking distance of reserves, playgrounds, Foodworks, and the Java Junction café. Also close to Diggers Rest train station, Calder Freeway access, and brilliant future infrastructure including a proposed Coles.