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58 Edwin St Apartment Building For Sale Ivanhoe, VIC 3079
Investment Highlights
- Childcare center permit approved for 127 children.
- Close to major arterials including M80 and M3 for strong regional connectivity.
- High exposure location with approximately 21,000 vehicles passing daily.
- Head of Agreement executed with a national childcare operator for leasing commitment.
- Within proximity to Austin Hospital and Northland Shopping Centre.
Executive Summary
58 Edwin Street represents a significant landholding opportunity with zoning under ACZ2, providing a wide scope for development within one of Ivanhoe’s key growth precincts. Spanning 1,366.98 square meters, this site benefits from high exposure with an average daily vehicle count of around 21,000, making it suitable for a mix of uses aligned with Activity Centre objectives such as residential, commercial, or childcare.
The property previously secured childcare permit approval for 127 children and a lease commitment with a national operator, offering developers a strong foundation to proceed on existing plans or reposition for alternative ACZ2 uses. Located near major arterials including the Western Ring Road (M80) and Eastern Freeway (M3), it boasts seamless connectivity, while proximity to Austin Hospital and Northland Shopping Centre ensures strong demand drivers in the area.
The property previously secured childcare permit approval for 127 children and a lease commitment with a national operator, offering developers a strong foundation to proceed on existing plans or reposition for alternative ACZ2 uses. Located near major arterials including the Western Ring Road (M80) and Eastern Freeway (M3), it boasts seamless connectivity, while proximity to Austin Hospital and Northland Shopping Centre ensures strong demand drivers in the area.
Property Facts
| Sale Type | Investment | Building Class | C |
| Sale Condition | Redevelopment Project | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 11,001 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 11,001 SF |
| No. Stories | 2 |
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58 Edwin St
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