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Miles Real Estate - Ivanhoe

127A & B Ford Street Ivanhoe, VIC 3079

127A & B Ford Street,
Ivanhoe, VIC 3079

Medical & Consulting

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Miles Real Estate - Ivanhoe
Gordon Hope
Mark Dixon

Miles Real Estate - Ivanhoe

143 Upper Heidelberg Road
IVANHOE, VIC 3079
Miles Real Estate - Ivanhoe
127A & B Ford Street
Ivanhoe, VIC 3079

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Prime Corner Holding - Two Titles & One Rare Opportunity

SOLD By Miles Real Estate.

On the prominent corner of Ford Street and Stortford Avenue, this exceptional dual-residence property on two separate titles offered together as one presents a remarkably rare combination of lifestyle, income and redevelopment potential in a highly-prized parkland pocket of blue-ribbon Ivanhoe.

A unique two-in-one opportunity with broad appeal for homeowners, investors, builders and developers alike, these two separate yet adjoining residences on a combined north-facing rear 479m2 allotment (approx) provide enormous flexibility for an immensely rewarding future no matter which direction they go.

It all begins with a compelling street presence where the attractive shopfront at 127B, previously home to a health and wellbeing business, introduces a reception area (built-in desk with CCTV surveillance monitoring) leading to two consulting rooms with a powder room and wet area/storage that are easily adapted as living spaces or bedrooms.

Behind is a stylishly renovated single-level residence where an open-plan living and dining room flows to a superb kitchen with a timber-topped island bench that's appointed with a Bosch oven and dishwasher and an ASKO gas cooktop.

Further are two generous bedrooms with built-in robes, a beautifully-crafted bathroom with floor-to-ceiling travertine tiling, frameless walk-in shower and underfloor heating, and a full laundry, while features include ceiling fans and polished floorboards.

Heading 127A with separate Stortford Avenue entry is a huge renovated studio with split-system heating/cooling, wet areas and biometric security entrance, while at the rear is an unrenovated series of bedrooms and a bathroom awaiting fresh new ideas.

The north-facing backyard is sunny and secluded featuring a large entertainment terrace and a BBQ area amid garden greenery with vegie beds, as well as a sliding gate for secure off-street parking.

The options here are nothing less than extraordinary. Live in or rent out one while renovating the other, create another successful live/work arrangement, or capitalize on the dual frontage corner position that offers outstanding prospects, including plans for multiple boutique townhouses, fronting Stortford Avenue (STCA).

127A and 127B Ford Street present a rare acquisition of two titles, one garden and endless possibilities in a sought-after location just a short stroll to Darebin Creek parklands and trails, while close to Ivanhoe's vibrant shopping and cafe precinct, the train station, buses, aquatic centre and schools.

Ivanhoe, 3079 demographic data

The median household income for Ivanhoe is $2,232, 17% higher than Greater Melbourne's household income of $1,901. Ivanhoe has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 45% of property owners in Ivanhoe have a mortgage.

13,374
Population
$2,232 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households

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