332 Upper Heidelberg Rd, Ivanhoe, VIC, 3079

Rare 1,064m2 (approx.) with Approved Plans & Permits for 6

Land
Type

Last updated on Thursday, April 09, 2026 ( See property details for 332 Upper Heidelberg Rd, Ivanhoe, VIC, 3079)

$2,500,000 - $2,700,000

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

A rare development opportunity on a spacious 1,064m2 block in Ivanhoe, with approved plans for six townhouses in a highly sought-after location close to amenities and transport.

🏡 Property Highlights

  • Expansive 1,064m2 allotment in a sought-after Ivanhoe pocket
  • Plans and permits approved for 6 modern townhouses
  • Prime location close to Melbourne’s finest infrastructure and amenities
  • Walking distance to cafes, restaurants, boutique shops, and parklands
  • Excellent access to schools including East Ivanhoe Primary and Ivanhoe Grammar
  • Convenient proximity to Ivanhoe Train Station and major hospitals

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Balcony
  • Built-in Robes
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Ivanhoe is a vibrant Melbourne suburb renowned for its historic charm, excellent schools, and lush parklands. It offers a thriving community atmosphere with easy access to the CBD, making it ideal for families and investors alike. The area boasts a diverse range of dining, shopping, and recreational options, complemented by well-established infrastructure and transport links.

What are the future development plans for this land?
The property comes with approved plans and permits for the construction of six townhouses, providing a clear pathway for development.
Is the land suitable for building a single-family home instead of townhouses?
Yes, while the current permits are for townhouses, the land's size and zoning may allow for alternative development options subject to council approval.
What amenities are nearby this property?
The property is within walking distance to cafes, restaurants, boutique shops, parklands along the Yarra River and Darebin Creek, Ivanhoe Aquatic Centre, and multiple schools including East Ivanhoe Primary and Ivanhoe Grammar.
Are there any restrictions or covenants on the land?
Details regarding restrictions or covenants can be obtained from the local council or the planning permits associated with the property.
What is the zoning classification for this land?
The land is zoned for multi-unit development, as evidenced by the approved plans for six townhouses, but specific zoning details can be confirmed with the local council.
Are there any additional costs or fees associated with the approved development plans? Have all necessary council approvals and permits been obtained and are they transferable? Are there any existing easements, covenants, or restrictions affecting the property? Is the land prone to flooding or bushfire risks in this area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or livability? What are the zoning regulations and potential for further development or subdivision? Are there any known issues with the land such as soil stability or contamination? Is the property subject to any strata or community title arrangements? What are the ongoing costs associated with maintaining the land and any future developments? Are there any restrictions on building height, design, or usage that I should be aware of?

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