1075 Heidelberg RoadIvanhoe VIC 3079
Property Details for 1075 Heidelberg Rd, Ivanhoe
Last Listing description (November 2023)
Situated at the gateway to Ivanhoe Commercial Precinct, is this very prominent retail site encompassing a 50-metre frontage to Heidelberg Road.
With a long-term established business and the property securely leased until May 2028, it provides an ideal investment opportunity with future upside.
The property provides exciting long-term potential with a mixed-use zoning offering a variety of development options (STCA).
Minutes to Darebin Train Station, Ivanhoe Grammar School and the Ivanhoe Commercial Precinct incorporating cafes, restaurants, Woolworths, Coles and a multitude of national retail brands.
- Land area: 326 sq. metres (approx.)
- Zoned Mixed Use
- Five-year lease commencing May 2023
- Currently returning $75,000 per annum plus GST
- Tenant pays all usual outgoings (excluding Land Tax)
- Enormous potential
- 10km from the CBD
Terms: 10% Deposit Balance 60/90 Days
For further details or to inspect contact:
Mark Dixon 0423 395 699
Paul Evans 0408 144 181
Property History for 1075 Heidelberg Rd, Ivanhoe, VIC 3079
- 11 Feb 2024Sold for $1,320,000
- 06 Feb 2024Transferred
- 22 Sep 2023Listed for Sale Contact Agent
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About Ivanhoe 3079
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 7,996 properties. Over the last 5 years, Houses in Ivanhoe have seen a 19.44% increase in median value, while Units have seen a 22.56% increase. As at 31 October 2024:
- The median value for Houses in Ivanhoe is $1,778,351 while the median value for Units is $790,951.
- Houses have a median rent of $720 while Units have a median rent of $543.
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