173-177 Upper Heidelberg Road, Ivanhoe, Vic 3079

Gross Waddell ICR is delighted to offer to the market 173-177 Upper Heidelberg Road, Ivanhoe.

The property represents a flexible opportunity located in the heart of one of Melbourne’s most sought after suburban retail strips, close to 1st class amenities including prestigious schools, world leading medical facilities, transport and more - well suited to future occupiers, investors and developers alike.

Property highlights:

• Permit approved for 5 level Mixed Use development

• Current improvements comprise 3 retail shops plus 1st floor office

• Ample on-site car parking at rear via R.O.W. 

• Holding income (expiring mid 2026) with ability to extend subject to negotiation

• Flexible Commercial 1 (C1Z) zoning 

• Prime Ivanhoe location featuring median house price of $1,700,000^

For Sale by Expressions of Interest closing Thursday 27 February 2025 at 2pm (AEDT).

For further information, please contact the exclusive sales agents from Gross Waddell ICR.

In conjunction with Australian Professionals Property Service Pty Ltd.

^Source: REIV
*Approximate