An outstanding opportunity to secure a substantial 1,309 sqm* development site in the heart of Ivanhoe, positioned along the tightly held Upper Heidelberg Road corridor and improved by a single existing residence.
The expansive landholding is zoned General Residential and features an impressive 20.1- metre frontage*, offering excellent scope for future redevelopment (STCA). With its generous proportions and prominent street presence, the site presents a compelling proposition for developers, builders, and investors seeking to capitalise on the strong demand and long-term growth of this blue-chip inner-north-east location.
The existing dwelling provides holding income potential or flexibility while future plans are considered, making this an ideal land-bank or immediate redevelopment opportunity.
Strategically located, the property enjoys close proximity to Ivanhoe Village, Heidelberg and Ivanhoe train stations, Austin and Mercy Hospitals, quality schools, parklands, and easy arterial access to the CBD. The surrounding area continues to benefit from ongoing residential growth and infrastructure investment, underpinning strong end-user appeal.
Development sites of this scale and positioning in Ivanhoe are increasingly rare. This is a versatile and high-potential offering suited to those seeking a premium landholding with significant upside.
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