28 Green Street, Ivanhoe, Vic 3079

$1,999,000

House
Type
4
Bedrooms
3
Bathrooms
2
Parkings
703 mΒ²
Area

Last updated on Tuesday, July 07, 2026 ( See property details for 28 Green Street, Ivanhoe, Vic 3079)

$1,999,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully maintained Edwardian home on a generous 703m2 block in Ivanhoe, offering versatile living options, development potential, and prime proximity to amenities.

🏑 Property Highlights

  • Prime central Ivanhoe location in a coveted tree-lined street
  • Versatile property with options for renovation, new build, or multi-unit development
  • Generous 703m2 landholding with potential for capital growth
  • Period features including soaring pressed metal ceilings and leadlight windows
  • Existing configuration includes three rentable units for immediate income
  • Excellent walkability to Ivanhoe Village, schools, parks, and transport

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Home Office / Study
  • Ceiling Fans
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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28 Green Street
Ivanhoe, VIC 3079
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Vertical aerial view β€” 28 Green Street
28 Green Street — Vertical Aerial  •  Ivanhoe, VIC 3079  •  Nearmap © 2026

Ivanhoe is a highly sought-after suburb renowned for its leafy streets, vibrant village atmosphere, and excellent amenities. Key points include: proximity to Ivanhoe Village shopping and dining precinct, excellent schools such as Ivanhoe Grammar, extensive parklands and trails, strong transport links including train access, and a family-friendly community environment.

What are the potential uses for this property?
This property offers options for renovation into a family home, development of multiple units, or a new build, subject to council approval.
Is there existing income from the current units?
Yes, the property includes one two-bedroom unit and two one-bedroom units, each with kitchens, lounges, and bathrooms, providing immediate rental income.
What development opportunities are available?
Supported by GRZ1 and DD012 zoning, there is potential for multi-unit development or a large single residence, with rear lane access facilitating construction.
Are there any restrictions or approvals needed for redevelopment?
Yes, any development or renovation plans will require council approval and compliance with local planning regulations.
What are the key features of the existing home?
The home features soaring pressed metal ceilings, leadlight windows, fresh paint, new carpets, and a charming Edwardian character.
Are there any planning or zoning restrictions that could affect future development or renovation plans? What are the potential costs associated with upgrading or renovating the existing units? Are there any easements, covenants, or restrictions on the land that could impact development? Has the property been tested for flood or bushfire risks? Are there any upcoming council or infrastructure projects in the area that could affect the property’s value or livability? Is there any history of structural issues or repairs needed for the existing building? What are the strata or community title considerations, if applicable? Are there any noise or neighbour-related concerns in this location? What are the current council rates and potential additional costs for development? Is the rear lane access suitable for construction or future use?

28 Green Street, Ivanhoe, Vic 3079 - More Details

$1,999,000

Enviably located in a coveted tree lined central Ivanhoe position favoured by families, this captivating Edwardian set within a magnificent 703m2 (approx.) landholding, offers options aplenty with opportunity for investment or exciting scope for capital improvement by way of renovation, new home build or multi-unit development at a premium address surrounded by blue-ribbon amenities.

A picturesque setting framed by a picket fence, introduces an immediately welcoming interior with brand new carpets and fresh paint enhancing the period pedigree. Soaring pressed metal ceilings and leadlight adorn the grand home which has been extended and reconfigured, creating an attractive investment of three units, whilst the allure of renovating and evolving the elegant charm to an inspired family home with preferred North rear orientation is obvious.

Alternatively, a spectacular contemporary construction of one expansive domain or multi-unit development supported by GRZ1 and DD012 advantages and additional rear lane access will appeal to luxury builders and developers. (STCA)

Whatever the future holds, live in or rent out whilst planning the next chapter with 1 x two bedroom unit and 2 x one bed bedroom units, each comfortably presented comprising kitchen and meals, separate lounges and bathrooms.

Peacefully positioned in a premier locale of Ivanhoe’s Village precinct, absolute convenience is assured. Just a short stroll to Ivanhoe Central grocers, vibrant retail and eateries, train station, Ivanhoe Primary, elite Ivanhoe Grammar Schools, parklands and trails. Also surrounded by key infrastructure including Austin Hospital major medical district, LaTrobe University and easy arterial access.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
2
Area
703 mΒ²

Price guide

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