3 Mervyn Crescent, Ivanhoe, VIC 3079 | Jellis Craig

3 Mervyn Crescent, Ivanhoe

A landmark development opportunity


SOLD by Jellis Craig. Promising a new era of luxury living, this incredible site measuring an incredible 2034sqm approx. has approved plans and permits for 5 prestigious new homes in a dress circle location, a few short metres from Chelsworth Park, elite schooling and an easy walk to Ivanhoe train station and shops. Designed by renowned architecture firm, Ikonomidis Design Studio – the development will no doubt stand out as a landmark in the area, and when finished, will include beautifully landscaped gardens, sleek facades and innovative floorplans bathed in natural light, with homes ranging from 24-28sqm.

With plenty of options available, you may choose to alter the permits to allow for a lower density development, allowing you to build a selection of bespoke new homes with endless outdoor entertaining space (STCA). Exceptionally located, a short walk from several golf courses and local parks, Ivanhoe Grammar School, Ivanhoe Village and Train Station, and within close proximity to the bustling hub of Burgundy Street Heidelberg and High Street Northcote’s shops and cafes, as well as the Austin Hospital.

-Rare development opportunity in a blue-chip position - NRZ3 zoning.
-Opposite 290 acres of parkland, including direct access to the Main Yarra trail.
-Significant resales of similar homes recently, suggest a great ROI.
-Plans and permits complete and ready to begin construction once building permit is obtained.
-Luxury development, offering exclusivity and security to appeal to the target audience.
-Perfect homes for the luxury downsizer market, sizes ranging from 24 – 28sq.
-All homes have a master bedroom on the entry level.
-The residences offer good private open space, with generous sized allotments.
-Possibility to review the permits, for a lower density development or land subdivision (STCA).
-Detailed Information memorandum available upon request.

Land size: 2,037 Square Metres approx.


Aaron Yeats

Director & Auctioneer

Jamin Silluzio

Managing Director

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3 Mervyn Crescent, Ivanhoe - Floorplan 1