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SOLD
600-604 North Road, Ormond, VIC, 3204
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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

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