4/59-61 Upper Heidelberg Road, Ivanhoe, VIC 3079 | Property Value & History | OnTheHouse
OFF MARKET

4/59-61 Upper Heidelberg Road
Ivanhoe VIC 3079

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Property Details for 4/59-61 Upper Heidelberg Rd, Ivanhoe

Building Type
Commercial
Local Government
Banyule

Last Listing description (September 2023)

Teska Carson is pleased to present the opportunity to purchase Shop 4, 59-61 Upper Heidelberg Road, Ivanhoe, a brand-new commercial space underneath the recently completed Valia Ivanhoe mixed-use project.

On the corner of Abbotsford Grove and Upper Heidelberg Road, this exceptional development is located within an established and highly sought-after mixed-use precinct of Ivanhoe, and surrounded by a diverse mix of tenants including retail, medical, hospitality, fitness and service providers.

Key attributes of this opportunity include:

- Total building area of 292sqm across ground and mezzanine level

- Offered as a cold shell and with vacant possession, allowing complete flexibility for incoming purchasers to fit out to their own specifications

- Perfect for owner occupation or investment purposes

- Commercial 1 zoning allows a multitude of uses including retail, medical, hospitality and medical

- Three (3) car spaces

- Ideally positioned within 50m* of a full line Woolworths supermarket, ensuring consistent high foot traffic

- Situated in the heart of Ivanhoes coveted Upper Heidelberg Road Shopping Village, and only 10km* from Melbournes CBD

- Close proximity to major arterial routes such as Upper and Lower Heidelberg Roads and the Eastern Freeway

- Well serviced by an abundance of public transport amenities such as Darebin and Ivanhoe Train Stations and bus routes 546 and 548.

Please do not hesitate to call for further information

Luke Bisset 0400 344 211

Property History for 4/59-61 Upper Heidelberg Rd, Ivanhoe, VIC 3079

A timeline of how this property has performed in the market
  • 08 Aug 2023
    Listed for Sale Contact Agent
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About 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 8,357 properties. Over the last 5 years, Houses in Ivanhoe have seen a 29.14% increase in median value, while Units have seen a 7.36% increase. As at 30 November 2025:

  • The median value for Houses in Ivanhoe is $2,097,484 while the median value for Units is $761,664.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Ivanhoe on OnTheHouse. According to Cotality's data, 362 properties were sold in the past 12 months in Ivanhoe.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.