Ivanhoe Apartments under construction and 75% sold

Market Insights
6 years ago
3 minutes

Ivanhoe Apartments, the suburb’s most exciting new residential development, is now just months away from being complete. With 75% of the apartments already sold, the final opportunity to secure one of the prized Caydon residences is now.

Since launching in February 2016, Ivanhoe Apartments has proved incredibly popular. Its success can be put down to a number of factors, the combination of which presents an appealing lifestyle offering sure to enhance the lives of all occupants.


Location never ceases to be a determining factor in the property market, and at Ivanhoe Apartments, residents will access a tightly-held and aspirational suburb boasting superior amenity and benefit from the lavish lifestyle it fosters.

While surroundings are key, your indoor living environment is just as important – and  Ivanhoe Apartment interiors deliver nothing short of perfection. Drawing from the heritage of nearby Heide, the apartments are both warm and textural to heighten the sophistication. Throughout the selection of natural colour schemes, materials come into play harmoniously, with timber and stone mingling with elegant touches of bronze detailing. In generous, open-plan living areas boasting high 2.7m ceilings, these materials and finishes simply shine.


The financial aspect is also a key factor. Apartments start at just $378,000, which, coupled with a 5% deposit requirement, presents an exceptionally affordable piece of real estate, set within a suburb where the current median house price is $1.4m.

The latest stats from RP data reveal that the median apartment price has risen to $727,500, compared with $637,000 when Ivanhoe Apartments first launched two years ago. The growth trend in the area, therefore, offers a strong opportunity for buyers to experience immediate uplift against the pricing of Ivanhoe Apartments, which was set last year.


Of the apartments still available, a number of attractive floorplan configurations remain, including one, two and three bedrooms, each with allocated car parks. The two bed, two bath, two car offering is a particularly rare opportunity that suits both downsizers and buyers looking to upgrade.

Taking the reigns of the construction are building experts Hacer. With the majority of the build now complete, Ivanhoe Apartments is on track for completion by mid-2018. Already visible is the beautiful curved nature of the building and the large, fully glazed ground floor spaces, soon to become popular retail outlets.


“As the building’s construction is progressing, the iconic nature of this project is being revealed,” commented Michael Sain, Sales Director at Caydon. “We are finding this is sparking new interest from local owner-occupiers, who are embracing the project and will benefit from the current construction timelines”

Not only will the building be a stunning addition to Ivanhoe, sure to be admired by passersby, but it will become an unrivalled vantage point in Melbourne, offering unbeatable views towards the city and the Dandenong Ranges beyond.

“The feedback from agents onsite who have recently experienced the developing views firsthand has been overwhelming,” commented Sain. “It has to be seen to be believed.”Read more about Ivanhoe Apartments interiors and amenities or enquire now

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