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Parkside Supersite, Ivanhoe East VIC 3079
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Property Highlights

SOLD ON 30/05/2017 

Ivanhoe’s Best Development Site

Colliers International are pleased to be appointed to exclusively market fourteen properties bounded by The Boulevard, Wamba Road, Wilfred Road and Cedric Street that totals an impressive 1.52ha* which we have aptly renamed - Parkside Supersite. 

• Enormous 1.52 ha* land holding with street frontages totalling some 298m* including substantial park outlook. Such an amalgamation didn’t occur overnight and was 26 years in the making
• Superbly located in a prestigious enclave in one of Melbourne’s most exclusive suburbs, Ivanhoe East which possessed a median house price of $1.75m*
• The significant size and location of this development opportunity makes the site the key strategic development site in Ivanhoe East.
• Suitable to a large scale and high-end apartment, townhouse or aged care development, or a combination of all three (STCA) 
• Significant undersupply of apartment/townhouse living in Ivanhoe East with 88.7% of all home being separate houses
• Situated amongst some of Melbourne’s best private schools including Ivanhoe Grammar School, Marcellin and Ivanhoe Girls Grammar
• Renowned and in-demand suburb which possesses the longest tenure of residency than any other suburb in Australia at 16 years tenure
• Substantial holding income from rarely vacant dwellings of $296,664* per annum
• Synonymous for its many parklands, Yarra River tracks, and golf courses, the area is further enhanced by its village style retail precinct

For Sale by Expressions of Interest closing Thursday 23rd March at 3pm. 

For more information please contact our Melbourne Metro Sales Team.

Jeremy Gruzewski
+61 422 211 021

Ted Dwyer
+61 411 312 165

*approx

Remember to mention you found this property on DevelopmentReady

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