Approved Permit. Panoramic CBD Views. Prime Ivanhoe Position.

14 & 16-18 Ivanhoe Parade
Ivanhoe

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.

*approx.

Danny Clark

Managing Director - Head of Sales - Partner

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Alex Ham

Director - Sales - Partner

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Price

Asking $4,950,000 - $5,445,000

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