8 Seddon Street Ivanhoe VIC 3079

Development / Land
910 m²
Sold

INVEST NOW DEVELOP LATER

Corner site of 910sqm approx.
Commercial investment opportunity
Income of $106,455 plus GST p.a approx.

Knight Frank is delighted to offer this exciting commercial investment opportunity featuring outstanding development potential at the expiration of the current leases (STCA)

Situated within easy reach of a plethora of amenity, this property will suit investors, developers and future owner occupiers alike.

Key features include:

- Corner site of 910sqm approx.
- Quality commercial improvement currently divided into 6 units (4 tenants) with ample on-site car parking.
- Current passing income of $106,455 plus GST p.a. approx.
- Zoned Commercial 1 within Design and Development Overlay (DDO11-4) with a preferred height limit of 15 metres approx.
- Located within a premium suburb featuring a median house price of $1,400,000 approx.
- Within easy walking distance to Ivanhoe Shopping Strip (Upper Heidelberg Road), Ivanhoe Train Station, bus networks, Ivanhoe Grammar and Ivanhoe Girls Grammar.

FOR SALE VIA ON-SITE AUCTION ON THURSDAY 2ND MARCH 2017 AT 12NOON.

For further information or to arrange an inspection please contact Andrew or Tim

Knight Frank Eastern Office

Level 3, 10 Nexus Court

Mulgrave, VIC 3170

Property Highlights

Date Sold	2 Mar 2017
Floor Area	252 m²
Land Area	910 m²
Parking	On site parking available
Property ID	2013334578
Category	Development / Land Offices
Last updated	2 Mar 2021

Map for 8 Seddon Street Ivanhoe VIC 3079

Nearest transport* to 8 Seddon Street Ivanhoe VIC 3079

Bus

Train

Tram

Upper Heidelberg Rd/Seddon St (Ivanhoe)	55 m
Ivanhoe Station/Norman St (Ivanhoe)	76 m
Ivanhoe Station/Norman St (Ivanhoe)	85 m
Seddon St/Upper Heidelberg Rd (Ivanhoe)	96 m

*Within a 4km radius

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Knight Frank Eastern Office

Level 3, 10 Nexus Court

Mulgrave, VIC 3170

Property Highlights

Date Sold	2 Mar 2017
Floor Area	252 m²
Land Area	910 m²
Parking	On site parking available
Property ID	2013334578
Category	Development / Land Offices
Last updated	2 Mar 2021

Listed by

Knight Frank Eastern Office

Call

0385458600

More about 8 Seddon Street Ivanhoe VIC 3079

8 Seddon Street Ivanhoe VIC 3079 is categorized as Land & Development Property. It has a floor area of 252 m² and a land area of 910 m². The listing ID for this property is 2013334578.