Exceptional Redevelopment Featuring Versatile Accommodation Options

353 Upper Heidelberg Road, Ivanhoe

An outstanding opportunity to secure a high-performing investment in the heart of Ivanhoe, offering an impressive income stream and a unique combination of specialist disability accommodation and traditional residential rental.

Thoughtfully redeveloped into three separate residences, this substantial property comprises an exceptional fifteen bedrooms in total, providing a diversified investment with strong income-generating potential.

The development consists of two front residences utilised for NDIS accommodation, complemented by a third residence at the rear operating as a conventional residential rental.

Together, the three residences currently generate approximately $180,000 in combined annual rental income, presenting an attractive proposition for astute investors seeking immediate cash flow and long-term investment potential.

Positioned along Upper Heidelberg Road in the highly regarded suburb of Ivanhoe, the property enjoys convenient access to local shopping, public transport, medical facilities, schools, and essential amenities.

Investment Highlights:

Three separate residences within one development
An impressive fifteen bedrooms across the three properties
Two front residences utilized for NDIS accommodation
One rear residence providing traditional residential rental income
Combined current annual income of approximately $180,000
Diversified accommodation and rental income streams
Established Ivanhoe location with excellent accessibility
An opportunity to secure a substantial, income-producing property in Melbourne’s sought-after north-eastern suburbs
A rare opportunity to acquire a substantial residential investment combining specialized accommodation, conventional rental income, and an impressive existing income stream.

For further information or to arrange a private inspection, please contact the selling agents.