For Private Sale
Savills is delighted to offer For Sale this perfectly positioned development site with holding income, located opposite Ivanhoe Train Station and 90 metres* from the Ivanhoe retail precinct.
Situated in one of Melbourne’s premier suburbs, 8 Seddon Street provides the opportunity to Develop, Occupy or Value Add.
Key features include:
• Prominent corner development site of 909sqm*
• Substantial commercial improvements including 6 medical/office units with generous on-site car parking
• Current rental of $71,808 per annum plus GST with immediate potential for significant rental uplift
• Significant development potential with adjacent height precedent of 8-levels
• Flexible Commercial 1 Zoning (C1Z) allowing for a variety of uses and development outcomes (STCA)
• Located in a highly sought-after Ivanhoe location with a median house price of $1,832,000 approx.**
• Opposite Ivanhoe Train & Bus Station and only metres from the Upper Heidelberg Road shopping strip including Coles & Woolworths, cafes, restaurants, banks, and Ivanhoe Grammar.
*Approximate.
**realestate.com.au
For further information please contact:
Tim Grant - 0478 666 275
James Latos - 0422 604 900
Remember to mention you found this property on DevelopmentReady
For Private Sale
Savills is delighted to offer For Sale this perfectly positioned development site with holding income, located opposite Ivanhoe Train Station and 90 metres* from the Ivanhoe retail precinct.
Situated in one of Melbourne’s premier suburbs, 8 Seddon Street provides the opportunity to Develop, Occupy or Value Add.
Key features include:
• Prominent corner development site of 909sqm*
• Substantial commercial improvements including 6 medical/office units with generous on-site car parking
• Current rental of $71,808 per annum plus GST with immediate potential for significant rental uplift
• Significant development potential with adjacent height precedent of 8-levels
• Flexible Commercial 1 Zoning (C1Z) allowing for a variety of uses and development outcomes (STCA)
• Located in a highly sought-after Ivanhoe location with a median house price of $1,832,000 approx.**
• Opposite Ivanhoe Train & Bus Station and only metres from the Upper Heidelberg Road shopping strip including Coles & Woolworths, cafes, restaurants, banks, and Ivanhoe Grammar.
*Approximate.
**realestate.com.au
For further information please contact:
Tim Grant - 0478 666 275
James Latos - 0422 604 900
Remember to mention you found this property on DevelopmentReady
8 Seddon Street, Ivanhoe, VIC 3079
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis