An exceptional opportunity for developers and landbankers to acquire a site with an approved childcare permit, with the added benefit of an available apartment scheme option.
Key features of the offering include:
- Significant site with sought-after Residential Growth zoning
- Planning approval for a childcare centre with 127 places
- Non-binding Heads of Agreement (HOA) to a global childcare provider
- With the recent rollout of a significant Federal Government subsidy for childcare and Australia’s projected population growth set to reach 30 million by 2033, demand for reliable childcare could not be higher
- Alternate development options also available, including the potential for an 8-level residential development (STCA)
- Height limit anticipated to increase from 16 metres to 23 metres subject to approval of Amendment C172 to the Banyule Planning Scheme^
- Located within one of Melbourne’s most sought-after postcodes, Ivanhoe is less than 12km* from the Melbourne CBD, and is bordered by affluent suburbs including Eaglemont and Kew
- Several top education providers are nearby, with Ivanhoe Grammar School, Ivanhoe Girls’ Grammar & Ivanhoe Primary School all within 3km*
*Approximately ^Statutory process and public exhibition to assess Amendment C172 is currently underway
STCA – Subject to Council Approval