216 Lower Heidelberg Road, Ivanhoe East, VIC 3079 | Property Value & History | OnTheHouse
OFF MARKET

216 Lower Heidelberg Road
Ivanhoe East VIC 3079

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 255m2
Land area: 137m2
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Property Details for 216 Lower Heidelberg Rd, Ivanhoe East

Building Type
Commercial
Floor Size
255m2
Land Size
137m2
Local Government
Banyule
Lot/Plan
2/TP826920

Last Listing description (May 2021)

GormanKelly is pleased to offer 216-218 Lower Heidelberg Road for LEASE.

The two level high exposure standalone office building located within the heart of busy Ivanhoe East, providing two levels which can be taken as a whole or split into 125 sqm of Ground or First floor office space.

The floor space is easily divisible and offers a range of partitioned offices, open plan space, meeting rooms and a reception area. The building has previously been used for a medical research laboratory/pathology with three phase power and lab area on the lower level with full exhaust extraction system and would be suitable for this use, or a conventional office/retail use. Features include heating and cooling, alarm system, bathrooms across both floors, plenty of natural light and 4 onsite carparks.

The property is located centrally of Ivanhoe East and adjoins the Foodworks Supermarket and carpark and is surrounded by a number of boutique retailers, cafes and restaurants. Lower Heidelberg Road provides prompt access to the Eastern Freeway via Burke Road and also the CBD and regular bus services operate directly out the front of the property. Ivanhoe railway station is also located within close proximity to the property.

Property History for 216 Lower Heidelberg Rd, Ivanhoe East, VIC 3079

A timeline of how this property has performed in the market
Last Sold
$340,000
19 Jun 1999
Listed for Rent
$1.25k/w
24 May 2021
  • 22 Dec 2020
    Listed for Rent - Price not available
  • 28 Oct 2015
    Listed for Rent - Price not available
  • 29 May 2015
    Listed for Rent - Price not available
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About Ivanhoe East 3079

The size of Ivanhoe East is approximately 2.1 square kilometres. It has 4 parks covering nearly 27.1% of total area. The population of Ivanhoe East in 2016 was 3815 people. By 2021 the population was 3762 showing a population decline of 1.4% in the area during that time. The predominant age group in Ivanhoe East is 50-59 years. Households in Ivanhoe East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ivanhoe East work in a professional occupation.In 2021, 78.50% of the homes in Ivanhoe East were owner-occupied compared with 78.20% in 2016.

Ivanhoe East has 2,025 properties. Over the last 5 years, Houses in Ivanhoe East have seen a 29.85% increase in median value, while Units have seen a 42.35% increase. As at 31 December 2025:

  • The median value for Houses in Ivanhoe East is $2,577,118 while the median value for Units is $1,031,771.
  • Houses have a median rent of $795 while Units have a median rent of $580.
There are currently no properties listed for sale, and no properties listed for rent in Ivanhoe east on OnTheHouse. According to Cotality's data, 93 properties were sold in the past 12 months in Ivanhoe east.

Suburb Insights for Ivanhoe East 3079

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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.