OFF MARKET

9 Livingstone Street
Ivanhoe VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1050m2
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Property Details for 9 Livingstone St, Ivanhoe

Building Type
Commercial
Land Size
1050m2
Local Government
Banyule
Lot/Plan
8/LP4562

Last Listing description (November 2023)

SOLD by Miles Real Estate
Situated directly opposite Ivanhoe Commercial Precinct, this substantial site with a long-term medical practice enjoys a solid income stream with tremendous potential to add value in the medium to long term (STCA).

- Leased to Livingstone Street Clinic

- New five (5)-year lease returning approximately $150,000 per annum plus GST
- Tenant pays all usual outgoings (excluding Land Tax)
- One further option of five (5) years
- Land area: 1,050 sq. metres (approx.)
- Zoned: General Residential Schedule 3
- Opposite Ivanhoe Plaza (Coles, Bakers Delight, Degani), cafes, restaurants and a variety of National Brand retailers on Upper Heidelberg Road
- Minutes to Ivanhoe Railway Station and well serviced by a number of Bus Routes
- 9 kilometres (approx.) from Melbourne's CBD
- A "Set and Forget" investment with tremendous potential at a later stage

Terms: 10% Deposit Balance 60/90 Days

Property History for 9 Livingstone St, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$3,520,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $3,520,000
  • 16 Oct 2023
    Listed for Sale $3,520,000
  • 11 Mar 2004
    Sold for $780,000

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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 8,049 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:

  • The median value for Houses in Ivanhoe is $1,817,922 while the median value for Units is $770,898.
  • Houses have a median rent of $720 while Units have a median rent of $543.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Ivanhoe on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Ivanhoe.

Suburb Insights for Ivanhoe 3079

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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.