PRIME DEVELOPMENT OPPORTUNITY WITH EXISTING RESIDENCE

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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All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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School catchments

St John's School Primary Prep-6 Catholic 1.1km
Our Lady of Mercy College Secondary 7-12 Catholic 1.2km
Ivanhoe Girls' Grammar School Combined Prep-12 Independent 1.2km
Heidelberg Primary School Primary Prep-6 Government 1.2km
St Pius X School Primary Prep-6 Catholic 1.3km
Ivanhoe Primary School Primary Prep-6 Government 1.5km
St Bernadette's School Primary Prep-6 Catholic 1.9km
Ivanhoe East Primary School-Wilfred Road Campus Primary Government 1.9km
Ivanhoe Grammar School Combined Prep-12 Independent 1.9km
Ivanhoe East Primary School Primary Prep-6 Government 2.0km
Charles La Trobe P-12 College-Olympic Village Primary Campus Combined Government 2.1km
Mary Immaculate School Primary Prep-6 Catholic 2.1km
Rosanna Primary School Primary Prep-6 Government 2.5km
Thornbury High School Secondary 7-12 Government 2.6km
Banyule Primary School Primary Prep-6 Government 2.6km
Virtual School Victoria Combined Prep-12 Government 2.6km
Rosanna Golf Links Primary School Primary Prep-6 Government 3.0km
Alphington Grammar School Combined Prep-12 Independent 3.1km
East Preston Islamic College Combined Prep-12 Independent 3.1km
Charles La Trobe P-12 College Combined Prep-12 Government 3.1km
Charles La Trobe P-12 College-Deaf Facility Combined Government 3.2km
Northern College of the Arts and Technology Secondary 10-12 Government 3.2km
Marcellin College Secondary 7-12 Catholic 3.2km
Viewbank College Secondary 7-12 Government 3.4km
Charles La Trobe P-12 College-The Pavilion Campus - Preston East Combined Government 3.8km
Ivanhoe Grammar School - University Campus Combined Independent 3.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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