3 -5 Quandolan Close, Ivanhoe East, Vic 3079

$4,550,000 - $5,000,000

House
Type
5
Bedrooms
4
Bathrooms
3
Parkings
2,504 m²
Area

Published on Thursday, October 01, 2026 ( See property details for 3 -5 Quandolan Close, Ivanhoe East, Vic 3079)

$4,550,000 - $5,000,000

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

A magnificent historic estate offering luxurious living, expansive grounds, and redevelopment potential in Ivanhoe East's premier locale.

🏡 Property Highlights

  • Historic c1940 landmark estate with classic American Colonial architecture
  • Spacious 2,504m² parcel set in a prestigious cul-de-sac
  • Grand interiors with natural light and leafy treetop views
  • Elegant entertaining areas including a swimming pool and paved terrace
  • Luxurious primary suite with his-and-hers dressing rooms and ensuite
  • Potential multi-unit redevelopment site (STCA) in a sought-after locale

✨ Key Features

  • Swimming Pool
  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Balcony
  • Security Screens / Gates
  • Fireplace
  • Workshop
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3 -5 Quandolan Close
Ivanhoe East, VIC 3079
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Vertical aerial view — 3 -5 Quandolan Close
3 -5 Quandolan Close — Vertical Aerial  •  Ivanhoe East, VIC 3079  •  Nearmap © 2026

Ivanhoe East is a highly sought-after suburb renowned for its leafy streets, prestigious schools, and proximity to Yarra parklands. It offers a family-friendly environment with excellent amenities, vibrant village atmosphere, and strong community spirit. The area combines historic charm with modern convenience, making it ideal for both lifestyle and investment. Close to major medical precincts, sporting grounds, and excellent transport links, it remains a premier choice for discerning buyers.

What are the key features of this historic estate?
This estate features grand living spaces, a swimming pool, a bespoke kitchen, multiple entertaining areas, and luxurious primary suite with dressing rooms and ensuite.
Is there potential for redevelopment on this property?
Yes, the large landholding offers multi-unit redevelopment potential (STCA), making it an attractive option for investors and developers.
What amenities are nearby?
The property is within walking distance to Ivanhoe East Village, Ivanhoe East Primary School, elite grammar schools, Yarra parklands, Chelsworth sporting grounds, and the Austin Hospital medical precinct.
What is the condition of the property?
The property has been meticulously maintained, showcasing original period charm with modern updates, and is presented in excellent condition.
Are there any special features for entertaining?
Yes, the home includes a paved terrace adjoining the swimming pool, a cigar room/den, billiards room, and spacious living areas ideal for hosting gatherings.
Are there any existing easements, covenants, or planning restrictions affecting the property? Has the property been inspected for structural issues or required repairs? Are there any upcoming developments or planning proposals in the area that could impact the property? What are the zoning regulations and potential for future subdivision or redevelopment? Are there any flood or bushfire risks associated with the property? What are the council rates and any additional levies or fees? Is there any history of pest or termite issues? Are there any restrictions on the use of the land or heritage overlays? What are the terms and conditions of the potential multi-unit redevelopment (STCA)? Are there any ongoing maintenance or service costs for the property’s features, such as the pool or gardens?

3 -5 Quandolan Close, Ivanhoe East, Vic 3079 - More Details

$4,550,000 - $5,000,000

EXPRESSIONS OF INTEREST CLOSING TUESDAY 27TH OCTOBER AT 5PM (UNLESS SOLD PRIOR)

The original homestead of Quandolan, this illustrious c1940 landmark estate of 2504m2 (approx.) serenely set along a picturesque cul-de-sac, was magnificently crafted by prominent commercial builder of the era E. A. Watts to personally reside with a focus on curated events and social gatherings. Constructed with absolute quality and meticulously presented within manicured grounds, ‘Melvida’ remains a grand home for exceptional modern living, surrounded by iconic Yarra parklands and esteemed schools.

Flanking a motor court entry, the American Colonial architecture introduces a classical foyer, immediately evoking a sense of occasion and old-Hollywood glamour with its dramatic sweeping staircase. A series of captivating dining, music and living spaces are revealed with remarkable scale, streamed in natural light with windows framing leafy treetop vistas from the elevated vantage point. French doors seamlessly extend outdoors to a paved terrace adjoining the swimming pool, inviting alfresco occasions beneath a stunning wisteria, amidst the sprawling garden setting. Configured for entertaining, the west wing comprises the original cigar room/den and billiards room, replete with period charm.

Upstairs hosts three luxuriously sized bedrooms serviced by the family bathroom, accompanied by the sumptuous primary suite, complete with his-and-hers fitted dressing rooms and an opulent ensuite. Further complements include a bespoke kitchen and meals area appointed with premium Miele appliances, timber-lined office, rumpus/gymnasium, ground-floor guest bedroom and bathroom.

Proudly positioned in a blue-ribbon locale favoured by families for generations, this significant landholding also represents multi-unit redevelopment potential (STCA) with future capital appreciation prospects underpinned by access to amenities. Only a short walk to Ivanhoe East Village and Ivanhoe East Primary School, just moments to elite grammar schools, Yarra parklands, Chelsworth sporting grounds, Austin Hospital major medical precinct and key arterials.
Type
House
Bedrooms
5
Bathrooms
4
Parkings
3
Area
2,504 m²
Study
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 3 Oct 11:30 am

    Saturday 3 October
    11:30 am - 12:15 pm
Thank you for submitting your reminder request.

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