SOLD by Miles Real Estate. This iconic building which is currently The Ivanhoe Pigeon Club could be yours and with the potential, inspiration and opportunity that comes with it. Resting on just over 152m2 approx this rare and unique parcel of land offers multiple scenarios for buyers with a dream - the warehouse conversion, high rise apartment complex, townhouse development or potential commercial holding all exist subject to council approval. The current building has 4 principle rooms including kitchenette facilities, roller doors and services available. Located on the doorstep of Ivanhoe Train Station, Upper Heidelberg Road Shopping and minutes from Austin Mercy Hospital, La Trobe University and within 11km of the CBD. This is something special that gets offered only once in a lifetime.
The size of Ivanhoe is approximately 5.5 square kilometres. It has 18 parks covering nearly 21.1% of total area. The population of Ivanhoe in 2011 was 11,085 people. By 2016 the population was 12,192 showing a population growth of 10.0% in the area during that time. The predominant age group in Ivanhoe is 30-39 years. Households in Ivanhoe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe work in a professional occupation. In 2011, 66.7% of the homes in Ivanhoe were owner-occupied compared with 66.7% in 2016.
Ivanhoe has 8,047 properties. Over the last 5 years, Houses in Ivanhoe have seen a 14.26% increase in median value, while Units have seen a 7.39% increase. As at 31 December 2024:
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