Savills is delighted to offer for sale this exceptional permit approved townhouse site located at 419 North Road, Ormond. This property presents an exceptional opportunity to deliver a luxury townhouse project within one of Melbourne’s premier suburbs.
Key attributes of this opportunity are:
• Large 2,044sq m* corner landholding
• Extensive combined street frontage of 91 metres*
• General Residential Zone 1
• Approved permit and endorsed plans for 14 luxury townhouses
• High quality townhouse product with no basement and large private open spaces
• Large land content providing potential to increase yield or alternate uses including child care/medical (STCA)
• A short walk to Ormond Train Station and extensive retail
• Ormond has a strong median house price of $1,697,500^ supporting luxury townhouse projects
• A townhouse product strategically meeting a high demand segment of the market in one of Melbourne’s premier suburbs
*Approximate. ^realestate.com.au
EOI Closed - Offers Under Review.
For further information please contact:
Julian Heatherich – 0412 995 655
Clinton Baxter – 0413 569 888
Benson Zhou – 0458 488 888
Remember to mention you found this property on DevelopmentReady
