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EOI CLOSED - OFFERS UNDER REVIEW
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
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EOI CLOSED - OFFERS UNDER REVIEW
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
