Back 5 Ivon Street
Off Market

5 Ivon Street

Bayswater North VIC 3153

2431 m²
Land
Adam PercyAdam Percy, last sold this property on 25 August 2025 after 18 days on market.

Overview

RARE DEVELOPMENT OPPORTUNITY.

This exceptional allotment presents an extraordinary opportunity for astute developers and investors to capitalise on one of Melbourne's most promising growth corridors. With strong market momentum in the area, this is your chance to be part of the area's exciting transformation. PROPERTY HIGHLIGHTS: • Substantial 2,431sqm block* with excellent street frontage. • Irregular shape offering flexible design possibilities. • Multiple development options - townhouses or mixed-use (STCA). • Prime position maximising development potential. LOCATION ADVANTAGES: • 200m walk from Bungalook Creek Trail. • Granting easy access to Tinternvale Primary & Bayswater Secondary. • Near Canterbury Gardens Shopping Centre and Bayswater Village. • 15-minute walk from buses. • 5-minute drive from Bayswater Train Station. The Eastern suburbs continue to experience strong growth, with rental yields showing substantial increases - house rents up 10.5% and strong rental demand in the broader area. This presents an ideal opportunity for developers looking to capitalise on. By Private Appointment Only Don't miss this rare opportunity to secure a premium development site in one of Melbourne's most promising growth areas. Contact us today to arrange your exclusive inspection and discuss the endless possibilities this exceptional property offers. *Approximate measurements. All information contained herein is gathered from sources we believe to be reliable. We do not guarantee its accuracy and any intending purchaser should rely on their own enquiries. STCA - Subject to Council Approval.

Features

2431 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Bayswater North over the last 12 months.

Property history for 5 Ivon Street

2025
Sold
Undisclosed
25 Aug 2025 by Adam Percy, of Barry Plant Boronia

Happy sellers in Bayswater North

96%
96% of sellers in Bayswater North reported that their sale price either exceeded or met their price expectations.

Bayswater North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Bayswater North over the last 12 months.

Local market activity for land plots in Bayswater North

In the last 12 months, 1 land similar to 5 Ivon Street, have been sold.

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