44-46 Forster Street, Ivanhoe, Vic 3079

Expressions of Interest Close Tue 26 May, 3pm

House
Type
7
Bedrooms
2
Bathrooms
2
Parkings
2,299 m²
Area

Last updated on Saturday, April 25, 2026 ( See property details for 44-46 Forster Street, Ivanhoe, Vic 3079)

Expressions of Interest Close Tue 26 May, 3pm

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

A prime development opportunity in Ivanhoe offering flexible zoning, substantial land size, and excellent connectivity for multi-storey projects or mixed-use developments.

🏡 Property Highlights

  • Large-scale development site with approximately 2,299sqm landholding
  • Expansive 30 metre frontage in the heart of Heidelberg Major Activity Centre
  • Potential for multi-level development up to 8 storeys (STCA)
  • Strategically located near major hospitals, shopping precincts, and transport links
  • Flexible zoning supports medium and higher density redevelopment
  • Existing improvements provide holding income potential

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Secure Parking
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Air Conditioning
  • Ensuite
  • Home Office / Study

Ivanhoe is a vibrant suburb renowned for its excellent healthcare facilities, diverse retail options, and strong educational institutions. Key points include: proximity to major hospitals and medical precincts, excellent transport links including Heidelberg Train Station, a variety of shopping and dining options, access to scenic parklands and the Yarra River trail network, and a thriving community with a focus on health, education, and lifestyle amenities.

What are the development potential and zoning restrictions for this site?
The site is zoned within the Activity Centre Zone Schedule 2 (ACZ2), supporting medium and higher density redevelopment with potential for up to 8 storeys (STCA).
Are there existing structures on the property that can generate income while planning is underway?
Yes, existing improvements provide holding income potential while plans and permits are being explored.
What are the key planning controls and incentives for this development site?
Planning controls support increased housing supply and urban renewal, with scope for multi-level development, flexible use, and strategic redevelopment opportunities.
How accessible is the property to major amenities and transport?
The property is within walking distance to hospitals, shopping precincts, Heidelberg Train Station, and scenic parklands, ensuring excellent connectivity.
What types of development are suitable for this site?
The site is suitable for apartment projects, retirement living, aged care facilities, mixed-use developments, or other value-add uses (STCA).
Are there any hidden costs or additional levies associated with developing this site? Has the site been assessed for flood or bushfire risks? Are there any easements, covenants, or zoning restrictions that could impact development plans? What are the planning approval processes and timelines for proposed developments? Are there any upcoming infrastructure projects or planning changes in the area that could affect value? Is there any history of contamination or environmental issues on the site? What are the strata or body corporate considerations if the property is subdivided or developed? Are there any nearby construction activities or developments that could impact the site? What are the potential costs for site preparation, including demolition or remediation? Is the property subject to any heritage overlays or other restrictions not mentioned?

44-46 Forster Street, Ivanhoe, Vic 3079 - More Details

Expressions of Interest Close Tue 26 May, 3pm

Type
House
Bedrooms
7
Bathrooms
2
Parkings
2
Area
2,299 m²

Price guide

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