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600-604 North Road, Ormond, VIC, 3204

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+9 Photos

SOLD

600-604 North Road, Ormond, VIC, 3204

Properties / Sold / Victoria / Ormond

Development Approved

1. Property Summary

Property Type

Mixed Use

Land Area

1,412 m² (*approx)

Selling Method

SOLD: SOLD

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2. Property Highlights

PROUDLY SOLD

Valuable landholding of 1,412sqm
Strong short-term holding income
Permit for a 6-level mixed use project

JLL Melbourne Commercial Sales and Gorman Commercial are pleased to present for sale this first-class office building set on a prime corner with the benefit of an approved permit in place.

Key details of the opportunity include:
- A triple fronted landholding of 1,412sqm
- An existing retail and office building of 1,500sqm with secure parking for 15 cars
- Extensive combined street frontage of 106 metres
- Approved permit in place for a 6-level project comprising 57 apartments and 4 retail shops
- Positioned in the heart of the premium North Road retail strip and the desired McKinnon School Zone
- Flexible Commercial 1 zoning
- Significant short-term income with enormous rental upside
- Flexible opportunity for investors, owner-occupiers and developers
- An affluent and captive local residential catchment with a median house price of $1,845,000
- A first-class opportunity in one of Melbourne’s most sought-after locations

PROUDLY SOLD

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

JLL
Nick Peden | 0402 011 266
Jesse Radisich | 0402 085 702
MingXuan Li 李名轩 | 0498 688 998

Gorman Commercial
Jonathon McCormack | 0418 835 885
Stephen Gorman | 0418 321 828

Remember to mention you found this property on DevelopmentReady

Development Approved

1. Property Summary

Property Type

Mixed Use

Land Area

1,412 m² (*approx)

Selling method

SOLD: SOLD

2. Property Highlights

PROUDLY SOLD

Valuable landholding of 1,412sqm
Strong short-term holding income
Permit for a 6-level mixed use project

JLL Melbourne Commercial Sales and Gorman Commercial are pleased to present for sale this first-class office building set on a prime corner with the benefit of an approved permit in place.

PROUDLY SOLD

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

JLL
Nick Peden | 0402 011 266
Jesse Radisich | 0402 085 702
MingXuan Li 李名轩 | 0498 688 998

Gorman Commercial
Jonathon McCormack | 0418 835 885
Stephen Gorman | 0418 321 828

Remember to mention you found this property on DevelopmentReady

Development Approved