SOLD
Sold on 05 Jun 2024 for $500,000

5/145 Upper Heidelberg Road
Ivanhoe VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 66m2
Land area: 565m2
Improve this data
Share
Save

Property Details for 5/145 Upper Heidelberg Rd, Ivanhoe

Building Type
Commercial
Year Built
1980
Floor Size
66m2
Land Size
565m2
Local Government
Banyule
Lot/Plan
5/SP30601

Last Listing description (November 2023)

A unique and affordable opportunity to acquire a retail premises located in the heart of the highly acclaimed Ivanhoe Shopping Precinct.

This versatile property offers an immediate income stream with scope to potentially occupy.

Key features include;

- Building area: 34 sq. metres (approx.)
- Zoned: Commercial 1
- Currently returning $20,000 per annum plus GST and outgoings
- Overholding tenancy to a long-term occupant of the building
- Thoroughfare arcade with constant traffic heading from Upper Heidelberg Road to Ivanhoe Plaza or vice versa
- Well-serviced by public parking directly behind the arcade
- Short distance to Ivanhoe Train Station (300 metres)
- An affordable investment for your commercial portfolio in a tightly held location

Terms: 10% Deposit Balance 30/60 Days

For further details or to inspect contact:
Jonathan Rizzo 0404 125 846
Paul Evans 0408 144 181

Show More

Property History for 5/145 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $500,000
  • 26 Oct 2023
    Listed for Sale Contact Agent
  • 18 May 2006
    Sold for $308,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,048 properties. Over the last 5 years, Houses in Ivanhoe have seen a 16.08% increase in median value, while Units have seen a 12.16% increase. As at 30 November 2024:

  • The median value for Houses in Ivanhoe is $1,804,979 while the median value for Units is $788,256.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Ivanhoe.

Ivanhoe Profile Page

Suburb Insights for Ivanhoe 3079

Visit Ivanhoe profile page
Market Insights
Ivanhoe Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Ivanhoe Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Ivanhoe profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED