236 Lower Heidelberg Road,
Ivanhoe East, VIC 3079

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Map of 236 Lower Heidelberg Road

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Train stations within 5 km of 236 Lower Heidelberg Road, Ivanhoe East, VIC 3079 Distance
Eaglemont Station 1.1 km
Ivanhoe Station 1.3 km
Heidelberg Station 1.8 km
Darebin Station 1.8 km
Alphington Station 2.5 km
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Tram stops within 5 km of 236 Lower Heidelberg Road, Ivanhoe East, VIC 3079	Distance
45-Burke Rd/Doncaster Rd (Balwyn North)	2.3 km
46Wattle AveDoncaster Rd Balwyn North	2.3 km
44-Burke Rd/High St (Kew)	2.3 km
44-Burke Rd/Doncaster Rd (Balwyn North)	2.3 km
43-Kew High School/High St (Kew East)	2.4 km

Bus stops within 5 km of 236 Lower Heidelberg Road, Ivanhoe East, VIC 3079	Distance
Carmichael St/Lower Heidelberg Rd (Ivanhoe East)	91 m
295 Lower Heidelberg Rd	202 m
278 Lower Heidelberg Rd	202 m
Veitch St/McArthur Rd (Ivanhoe East)	246 m
Ravenswood AveLower Heidelberg Rd Ivanhoe East	319 m

Prime Dual-Income Investment in the Heart of East Ivanhoe Village!

Positioned in a tightly held, high-traffic location, this two-level commercial property presents an exceptional opportunity for investors seeking a secure, long-term asset with dual income streams.
Located in the highly desirable East Ivanhoe Village, this property benefits from strong surrounding foot traffic, established neighbouring businesses, and excellent connectivity to key arterials and the Melbourne CBD.

Property Highlights:

- Total Income: $81,000 per annum + GST (approx.)
- Ground Floor: Secure lease with two (2) further options
- First Floor: Leased to commercial tenant on a Three (3) year term commencing 01/07/2025
- Rear Right of Way access plus public car parking nearby
- Building Area: 175 sqm (approx.)
- Land Area: 220 sqm (approx.)
- Zoning: Commercial 1 - flexible for future redevelopment or value-add (STCA)
- Strong tenant mix with dual income from food and professional services

Location Benefits:

- Surrounded by leading local businesses including FoodWorks, Bendigo Bank, and long-standing cafes and boutiques
- Just minutes to Burke Road and the Eastern Freeway
- Only 9km from Melbourne's CBD
- Thriving village vibe with strong local customer base and destination shoppers

Terms: 10% Deposit, Balance 60/90 Days

Ivanhoe East, 3079 demographic data

The median household income for Ivanhoe East is $2,977, 57% higher than Greater Melbourne's household income of $1,901. Ivanhoe East has an older age profile compared to the rest of Greater Melbourne (median age 45 vs 37). Property ownership data shows 43% of property owners in Ivanhoe East have a mortgage.

3,762

Population

$2,977 per week

Median household income

45 years

Median age

Owners

Most residents

Families

Most households

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