OFF MARKET

1/244 Lower Heidelberg Road
Ivanhoe East VIC 3079

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 221m2
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Property Details for 1/244 Lower Heidelberg Rd, Ivanhoe East

1/244 Lower Heidelberg Rd, Ivanhoe East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 221m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Land Size
221m2
Local Government
Banyule
Lot/Plan
144/LP15424

Last Listing description (August 2023)

Ground Floor Commercial Space
(Last remaining tenancy)

This exceptional brand new four-level commercial building offers an unparalleled opportunity for a business seeking a high quality image for their business in the absolute heart of the boutique and highly sought after East Ivanhoe Village Precinct.

With very limited availability in the immediate area, the location offers high exposure to passing traffic, a quality tenancy mix including neighbouring cafes, restaurants, wine bars, FoodWorks Supermarket, Bendigo Bank and professional businesses.

Just minutes to Burke Road and the Eastern Freeway, the property enables a business to enjoy all the benefits of the Ivanhoe East location, in a new building that has taken the quality and finishes to the next level.

An inspection of the site is highly recommended

Areas:

Ground Floor Retail 61 sq. metres (approx.) ----- Available Now
Level One Offices 100 sq. metres (approx.) ----- Under Offer
Level Two Offices 142 sq. metres plus balcony ----- Under Offer
Level Three Penthouse ----- Under Offer

- Lift access
- Excellent security
- On-site parking for each tenancy
- Long term lease available

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

All prices quoted are exclusive of GST.
Miles Real Estate

Property History for 1/244 Lower Heidelberg Rd, Ivanhoe East, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$1,738,000
01 Jul 2017
Listed for Rent
$1.00k/w
26 Apr 2023
  • 10 Nov 2022
    Listed for Rent - Price not available
  • 27 Mar 2018
    Listed for Rent $30,000 / year
  • 20 Nov 2017
    Listed for Rent - Price not available
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About Ivanhoe East 3079

The size of Ivanhoe East is approximately 2.1 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Ivanhoe East in 2011 was 3,761 people. By 2016 the population was 3,812 showing a population growth of 1.4% in the area during that time. The predominant age group in Ivanhoe East is 50-59 years. Households in Ivanhoe East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe East work in a professional occupation. In 2011, 76.7% of the homes in Ivanhoe East were owner-occupied compared with 78.2% in 2016.

Ivanhoe East has 1,997 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 22.90% increase in median value, while Units have seen a 33.09% increase. As at 31 October 2024:

  • The median value for Houses in Ivanhoe East is $2,296,939 while the median value for Units is $898,115.
  • Houses have a median rent of $750 while Units have a median rent of $513.
There are currently 4 properties listed for sale, and 1 property listed for rent in Ivanhoe east on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Ivanhoe east.

Suburb Insights for Ivanhoe East 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.