A rare gem glimmering with future potential, this unmissable opportunity on a substantial 962m² (approx.) allotment comes complete with approved plans and permits for a luxurious 11-apartment developmentready to capitalise in one of Ivanhoe's most sought-after pockets.
Boasting a premier position in a high-density zone, the property is currently occupied by an immaculately maintained three-bedroom Art Deco residence. Perfectly livable as is, it also offers exciting scope for an extravagant renovation, modern extension, or entirely new development (STCA).
Surrounded by natural beauty between Sparkes Reserve and Darebin Parklands, and only 800m from Ivanhoe's vibrant cafés, shopping, Darebin Station, and Ivanhoe Grammar, this address promises a lifestyle of ease and prestige.
The endorsed development features 11 elegantly designed apartments tailored for young professionals, families, and downsizers alike. Each residence is generously sized, offering expansive indoor-outdoor entertaining zones, sophisticated kitchens, and private outdoor spaces via wide terraces or landscaped courtyards. Main bedrooms enjoy the luxury of ensuite bathrooms, while additional bedrooms are served by a sleek family bathroom.
The existing home combines Art Deco charm with modern updatespolished floorboards, light-filled lounge and dining spaces, and a stylish kitchen with ample room for casual meals.
Set in General Residential Zone 1, this address is a true blank canvaswhether you're an investor seeking to break ground on a boutique multi-residence project or a homeowner with grand ambitions.
Don't miss your chance to secure a high-growth future in a blue-chip localeenquire today.
