Commanding a prime position in the heart of the Ivanhoe Activity Centre, this expansive 906m² north-facing allotment (approx.) with dual frontage to Stone Street presents a rare large-scale development opportunity in one of Melbourne's most tightly held blue-chip locations.

Zoned to encourage a diversity of housing types and housing growth and surrounded by premium residential and mixed-use projects, the site offers exceptional scope for a multi-storey apartment development or luxury townhouse project (STCA), capitalising on strong buyer demand for high-quality residences in Ivanhoe.

Alternative options that are permitted under the current zoning are educational, recreational, religious, community and a limited range of other non-residential uses to serve local community needs (STCA).

Council-Approved Development – 9 Luxury Apartments Await

If you're seeking a ready-to-go project, this is it. With council approval already in place for 9 luxury apartments across three levels, the hard work has been done-allowing you to move forward with confidence.

Secure this rare opportunity and start planning your next landmark development for 2026 today.

Currently improved by a four-bedroom Edwardian home with a separate brick studio, deep backyard, ROW access, and abundant off-street parking, the existing improvements provide flexibility for holding income or immediate redevelopment.

The unrivalled location directly opposite Ivanhoe's boutique retail and dining precinct ensures outstanding walkability and lifestyle appeal-with supermarkets, cafes, restaurants, salons, train station, parklands, the Ivanhoe Aquatic Centre, leading schools, and the Austin Hospital all within easy reach.

With landmark projects already setting a benchmark for premium apartment living in the area, this site represents a rare opportunity for developers to deliver the next iconic address in Ivanhoe.

For further information contact the selling agent, Peter Bozinoski on 0413 136 486.

Upper East Side Real Estate.