Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

325 & 325a Koornang Road, Carnegie, VIC 3163

325 & 325a Koornang Road, Carnegie, VIC 3163

Carnegie

×
Sold Check

325 & 325a Koornang Road, Carnegie, VIC 3163

Carnegie

SOLD
325 & 325a Koornang Road, Carnegie, VIC 3163

325 & 325a Koornang Road, Carnegie, VIC 3163

Properties / Sold / Victoria / Carnegie
Development Approved
Property Type
Residential, Commercial
Sub Type
Apartment Sites, Townhouse Sites, Office
LGA
Glen Eira City
Selling Method
SOLD: SOLD
Show All
‘Ormond Edge' Project

An astute investor will see both the short term and long term benefits of this impressive investment on two titles which sits on the border of Ormond & Carnegie. Currently a ground floor office/shop with 1 bedroom residence, plus a first floor 2 bedroom apartment with office and 2 terraces, currently leased for $1000 per week (one on a month to month, one secure till February 2022).

Alternatively, you could take advantage of the amazing architect designed plans + permits that converts these 2 investments into 4, featuring a stunning ground floor office with 1 bedroom dwelling and private courtyard of 100sqm approx., a first floor 2 bedroom, 2 bathroom + office residence with open plan living and 2 balcony terraces of 140sqm approx., and the 2nd floor with 2 x 2 bedroom 2 bathroom apartments with open plan living and balconies of 70sqm approx. each.

The designs include parking for 4 in a stacker garage via the rear lane and individual storage lockers on the ground level. An exceptional opportunity in the boutique group of shops opposite Left Field Café and with buses at your door, walk to Packer Park, Ormond train station, local schools and fabulous sports facilities.

For a copy of the plans & permits and photos of the existing premises, please contact Myron Ching on 0431 262 955

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

325 & 325a Koornang Road Development Site Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Townhouse Sites, Office
Glen Eira City
Selling method
SOLD: SOLD

Development Site Highlights

‘Ormond Edge' Project

An astute investor will see both the short term and long term benefits of this impressive investment on two titles which sits on the border of Ormond & Carnegie. Currently a ground floor office/shop with 1 bedroom residence, plus a first floor 2 bedroom apartment with office and 2 terraces, currently leased for $1000 per week (one on a month to month, one secure till February 2022).

Alternatively, you could take advantage of the amazing architect designed plans + permits that converts these 2 investments into 4, featuring a stunning ground floor office with 1 bedroom dwelling and private courtyard of 100sqm approx., a first floor 2 bedroom, 2 bathroom + office residence with open plan living and 2 balcony terraces of 140sqm approx., and the 2nd floor with 2 x 2 bedroom 2 bathroom apartments with open plan living and balconies of 70sqm approx. each.

The designs include parking for 4 in a stacker garage via the rear lane and individual storage lockers on the ground level. An exceptional opportunity in the boutique group of shops opposite Left Field Café and with buses at your door, walk to Packer Park, Ormond train station, local schools and fabulous sports facilities.

For a copy of the plans & permits and photos of the existing premises, please contact Myron Ching on 0431 262 955

Remember to mention you found this property on DevelopmentReady

Read More
Development Approved

Finance Calculator

325 & 325a Koornang Road, Carnegie, VIC 3163

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 325 & 325a Koornang Road, Carnegie, VIC 3163

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report