205/72-84 Upper Heidelberg RoadIvanhoe VIC 3079
Property Details for 205/72-84 Upper Heidelberg Rd, Ivanhoe
205/72-84 Upper Heidelberg Rd, Ivanhoe is a 2 bedroom, 2 bathroom Unit.
Last Listing description (November 2025)
Recently fully renovated two bedroom investment apartment with the security of a long term lease to Quest and minimum outgoings.
Investment Summary:
Rent: $758 pw approx. from November 24th 2025
$39,540 pa approx. from November 24th 2025
Return: 8.15% gross pa approx.
Reviews: 4% annual increase
Market review: At the end of each lease term
Lease: To November 22nd 2028
Options: Three further 5 year terms
Outgoings
Owner Pays:
Council rates: $1,186.07 pa
Water rates: $791.92 pa
Owners corporation maintenance fund : $2,672.12 pa
Tenant (Quest Ivanhoe) Pays:
Owners corporation administration fund
Utilities
General maintenance
Insurances
Property features
Generous bright living/dining area
Immaculate fully renovated equipped kitchen
Two excellent bedrooms with built-in robes and reverse cycle air-conditioning
Two fully renovated bathrooms, one with laundry facilities
Under-building carpark
Central Ivanhoe Village location
This is the perfect hassle free set and forget investment in a SMSF or for the astute investor looking to achieve an 7.5% return with the security of a long term Quest lease.
Note: All renovation costs have been paid for.
Investment property only and not available for owner occupation or private rental.
Inspection by appointment.
Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.
Property History for 205/72-84 Upper Heidelberg Rd, Ivanhoe, VIC 3079
- 09 Oct 2025Listed for Sale $485000
Recent sales nearby
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0About Ivanhoe 3079
The size of Ivanhoe is approximately 5.5 square kilometres. It has 18 parks covering nearly 21.1% of total area. The population of Ivanhoe in 2016 was 12171 people. By 2021 the population was 13374 showing a population growth of 9.9% in the area during that time. The predominant age group in Ivanhoe is 30-39 years. Households in Ivanhoe are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe work in a professional occupation.In 2021, 65.10% of the homes in Ivanhoe were owner-occupied compared with 66.70% in 2016.
Ivanhoe has 8,354 properties. Over the last 5 years, Houses in Ivanhoe have seen a 28.61% increase in median value, while Units have seen a 5.27% increase. As at 31 December 2025:
- The median value for Houses in Ivanhoe is $2,043,532 while the median value for Units is $743,934.
- Houses have a median rent of $700 while Units have a median rent of $570.
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