Approved Permit. Panoramic CBD Views. Prime Ivanhoe Position.
- Approved Permit in tightly-held location
- 16 Premium Apartments
- Holding Income
Gross Waddell ICR and Miles Real Estate are pleased to offer this premium development opportunity at 14 & 16-18 Ivanhoe Parade, Ivanhoe. A rare chance to secure a luxury development site in the heart of Ivanhoe, commanding sweeping panoramic views of the CBD skyline.
- Approved permit for a boutique luxury development within one of Melbourne's most tightly held and desirable pockets
- Prime 1,260 sqm* landholding enjoying the flexibility and exposure of three separate street frontages
- Approved plans to deliver 16 apartments benefitting from 1,772 sqm* of NSA
- Considerable existing building area, providing short-term holding income
- Positioned directly opposite Bryant Reserve, Ivanhoe Girls' Grammar School and Ivanhoe Primary School, open aspects that protect the development's valuable view lines
- Immersed in the lifestyle and retail energy of the Ivanhoe shopping precinct, with a vibrant tenancy mix including Ivanhoe Plaza Shopping Centre, Coles, Woolworths, an array of restaurants and cafes, and established national fashion brands
- Exceptional connectivity, with Ivanhoe train station just 275 m* from the door
- Located in one of Melbourne's premium suburbs, where quality end product commands $15,000 per sqm* and beyond, underpinning strong project margins and enduring buyer demand
- A consistently high-demand market, with the Ivanhoe median house price having climbed to $1,800,000 (source: REIV)
For further information or to arrange an inspection, please contact Gross Waddell ICR or Miles Real Estate directly.
Sales & Leasing Manager / Auctioneer
