Commanding East Ivanhoe Village Asset
Lemon Baxter is pleased to present 279 Lower Heidelberg Road, Ivanhoe East for sale by EOI.
Commanding a prominent position within the highly regarded Ivanhoe East Village shopping strip, this tightly held commercial asset presents a rare opportunity to secure a versatile two-level retail and office property in one of Melbourne’s established inner-northern commercial precincts.
Comprising multiple self-contained units within a flexible multi-tenant configuration, the property offers an exceptional combination of investment income and owner-occupier flexibility, creating the opportunity to accommodate your own business requirements with the benefit of income.
With strong village exposure, a versatile two-level layout and multiple occupancy options, the property provides both immediate income potential and strategic flexibility for investors and owner-occupiers alike.
An increasingly rare offering within the Ivanhoe East Village precinct, this is an outstanding opportunity to acquire a substantial and adaptable commercial asset with the flexibility to shape the property around your investment or business objectives.
Key Features:
– Land area of 254.97sqm* with a 7.53m* frontage to Lower Heidelberg Road
– Building area of 235sqm* across two levels
– Diversified income stream providing strong risk mitigation
– Commercial 1 Zone (C1Z) offering future investment, occupation or value-add flexibility (STCA)
– Highly accessible commercial scale suitable for private investors, SMSF buyers and owner-occupiers
– Secure on-site car parking for 6 cars
Location:
– Positioned directly on Lower Heidelberg Road within the vibrant Ivanhoe East Village retail strip
– Surrounded by premium local cafés, essential services, medical providers and boutique retailers
– Moments from Chelsworth Park, Ivanhoe Park and the Yarra River precinct
– Excellent public transport connectivity via Bus Routes 546 and 548, plus nearby Eaglemont and Ivanhoe Train Stations
– Just 10km* from the Melbourne CBD with direct access to the Eastern Freeway (M3)
For Sale by Expression of Interest closing Thursday 22nd October 2026 at 2:00pm (AEDT).
Contact our exclusive selling agents for more information.
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