8 Seddon StreetIVANHOE

For Private Sale

Savills is delighted to offer For Sale this perfectly positioned development site with holding income, located opposite Ivanhoe Train Station and 90 metres* from the Ivanhoe retail precinct.

Situated in one of Melbourne’s premier suburbs, 8 Seddon Street provides the opportunity to Develop, Occupy or Value Add.

Key features include:

• Prominent corner development site of 909sqm*
• Flexible Commercial 1 Zoning (C1Z) allowing for a variety of uses and development outcomes (STCA)
• Substantial commercial improvements including 6 medical/office units with generous on-site car parking
• Short term holding income with potential for significant rental uplift
• Outstanding development potential with adjacent height precedent of 8-levels
• Located in a highly sought-after Ivanhoe location with a median house price of $1,832,000 approx.**
• Opposite Ivanhoe Train & Bus Station and only metres from the Upper Heidelberg Road shopping strip including Coles & Woolworths, cafes, restaurants, banks, and Ivanhoe Grammar.

*Approximate.
**realestate.com.au

For further information please contact:

Tim Grant - 0478 666 275
James Latos - 0422 604 900