• For sale
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside
Two titles in one line with significant development upside

For Sale

Expressions of Interest 16th Apr 2020 on-site
Colliers International is pleased to present 44-46 Forster Street, Ivanhoe for sale by Expression of Interest closing Thursday, 9th of April at 3 PM.

The opportunity consists of two adjoining titles located in Ivanhoe, each with a standalone dwelling generating holding income.

A variety of higher and better use scenarios are supported, such as refurbish/value add or major multi-residential development (STCA), given the sites favourable zoning, strong residential suburb profile and proximity to major arterials and prominent destinations.

Key highlights of this opportunity are below:

•Total site area of 2,297m²* and 30m* of combined street frontage
•General Residential Zoning (GRZ1) within the City of Banyule planning scheme
•A highly sought after residential suburb with a median house price of $1,532,500**
•Close proximity to the Heidelberg Medical Precinct & Activity Centre, Ivanhoe Shopping Centre (Upper Heidelberg Rd), Heidelberg West Retail Precinct and Northland Shopping Centre
•Significant development prospects including multi-residential (STCA)
•9 km* north-east of the Melbourne CBD accessible via the Eastern Freeway and public transport including Heidelberg Railway Station and bus routes

*Approx
**REA Group

For more information please contact the exclusive marketing agents at Colliers International.

Property Details