1,2,3/353 Upper Heidelberg Road

Ivanhoe VIC 3079

Block of units

Currently for sale - view listing

Overview

Exceptional Investment Opportunity – Three Residences, 15 Bedrooms & Approx. $180,000 Annual Income.

353 Upper Heidelberg Road, Ivanhoe An outstanding opportunity to secure a high-performing investment in the heart of Ivanhoe, offering an impressive income stream and a unique combination of specialist disability accommodation and traditional residential rental. Thoughtfully redeveloped into three separate residences, this substantial property comprises an exceptional 15 bedrooms in total, providing a diversified investment with strong income-generating potential. The development consists of two front residences utilised for NDIS accommodation, complemented by a third residence at the rear operating as a conventional residential rental. Together, the three residences currently generate approximately $180,000 in combined annual rental income, presenting an attractive proposition for astute investors seeking immediate cash flow and long-term investment potential. Positioned along Upper Heidelberg Road in the highly regarded suburb of Ivanhoe, the property enjoys convenient access to local shopping, public transport, medical facilities, schools and essential amenities. Investment Highlights: Three separate residences within one development An impressive 15 bedrooms across the three properties Two front residences utilized for NDIS accommodation One rear residence providing traditional residential rental income Combined current annual income of approximately $180,000 Diversified accommodation and rental income streams Established Ivanhoe location with excellent accessibility An opportunity to secure a substantial, income-producing property in Melbourne's sought-after north-eastern suburbs A rare opportunity to acquire a substantial residential investment combining specialized accommodation, conventional rental income and an impressive existing income stream. For further information or to arrange a private inspection, please contact the selling agents.