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SOLD
405-413 Upper Heidelberg Road, IVANHOE, VIC 3079
Development Approved
DETAILS
THE JEWEL OF MELBOURNE’S EXCLUSIVE NORTH EAST CORRIDOR – POSITIONED IN THE HEART OF A RENOWNED HEALTHCARE HUB
  • LAND AREA OF 5,345SQM*
  • HIGHLY VALUABLE EXISTING IMPROVEMENTS
  • OFFERED WITH VACANT POSSESSION

CBRE Healthcare & Social Infrastructure and Victorian Development Sites are proud to exclusively present 405-413 Upper Heidelberg Road, Ivanhoe – The crown jewel of Melbourne’s exclusive north east corridor and one of the most substantial commercial opportunities within the city of Banyule to be offered in recent times.

OVERVIEW

+ Substantial landholding of 5,345sqm* - One of the largest land parcels offered in the Ivanhoe / Eaglemont area in a decade

+ High exposure location with over 61m* street frontage to Upper Heidelberg Road

+ Highly regarded former residential Aged Care facility with 51 beds (all single rooms with en-suite) plus a further residential dwelling providing short term income

+ Blue-chip North East Melbourne location with booming median house price growth of 30% in the past 5 years ($1,463,000*)

+ General Residential Zoning, suitable for a variety of outcomes including Residential Aged Care, Land Banking, Supported Residential Services, Apartment, Residential or Healthcare development (STCA)

+ Existing building area of 1,924sqm* (RACF facility) offered with vacant possession, plus 20 on-site car spaces

+ Significant demand for boutique and large-scale residential projects with The City of Banyule classified as a “High demand market”

LOCATION

+ Positioned within one of the countries largest healthcare hubs featuring, The Austin Hospital, Heidelberg Repatriation Hospital, Mercy Hospital, Austin Repatriation Hospital and Warringal Private Hospital

+ A stone’s throw to dense retail, leisure, education and public transport amenity including, Burgundy Street retail strip, Warringal Shopping Centre, Ivanhoe Grammar School, Heidelberg Primary School, Eaglemont & Heidelberg Train Stations

The opportunity to secure such a substantial landholding with immediate and future value add or owner occupation potential in this prime suburban location is sure to be highly sought after.

EXPRESSIONS OF INTEREST NOW CLOSED

For further information please contact the exclusive sales and marketing agents:

Marcello Caspani-Muto

+61 417 065 777

David Minty

+61 422 564 199

Jimmy Tat

+61 439 399 118

Nathan Mufale

+61 421 224 354

approx*

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
For Sale:
For Sale:
EXPRESSIONS OF INTEREST NOW CLOSED
Property Area
AREA:
5345 m² (*approx)
Property Type
TYPE:
Child/Healthcare, Aged Care, Aged Care
Development Approved
DEVELOPMENT APPROVAL:
Aged Care facility with 51 beds

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405-413 Upper Heidelberg Road, IVANHOE, VIC 3079

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