Dawkins Occhiuto are pleased to exclusively present for your consideration a rare development opportunity with planning approval in place for an in-demand childcare centre and the option for an apartment scheme.
Located within the prestigious suburb of Ivanhoe less than 12 kilometres from the Melbourne CBD, 58 Edwin Street occupies a prime position which is perfect for a childcare centre development.
Further enhancing this unique opportunity is a non-binding Heads of Agreement (HOA) to a global childcare provider. The details of the HOA can be provided to interested parties on the basis that a Confidentiality Agreement is entered into.
The site provides an exceptional opportunity for developers and landbankers to acquire a site with an approved childcare permit, with the added benefit of an available apartment scheme option.
Key features of the offering include:
- Significant 1,293sqm* site with sought-after Residential Growth zoning
- Planning approval for a childcare centre with 127 places
- Non-binding Heads of Agreement (HOA) to a global childcare provider
- With the recent rollout of a significant Federal Government subsidy for childcare and Australia's projected population growth set to reach 30 million by 2033, demand for reliable childcare could not be higher
- Alternate development options also available, including the potential for an 8-level residential development (STCA)
- Height limit anticipated to increase from 16 metres to 23 metres subject to approval of Amendment C172 to the Banyule Planning Scheme^
- Located within one of Melbourne’s most sought-after postcodes, Ivanhoe is less than 12km* from the Melbourne CBD, and is bordered by affluent suburbs including Eaglemont and Kew
- Several top education providers are nearby, with Ivanhoe Grammar School, Ivanhoe Girls’ Grammar & Ivanhoe Primary School all within 3km*
This rare development opportunity is offered for Sale via Expressions of Interest closing Wednesday, 15 November 2023 at 3.00pm (AEDT).
Please contact exclusive selling agents, Dawkins Occhiuto for more information.
*Approximately ^Statutory process and public exhibition to assess Amendment C172 is currently underway
STCA – Subject to Council Approval
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