325-329 Jasper Road, Ormond, Vic 3204

LATEST
Land/Development
|Retail
|Offices
Contact the Stonebridge Team
Contact the Stonebridge Team
Published on: 08 Nov 2024
Last updated on: 08 Nov 2024
325-329 Jasper Road, Ormond, Vic 3204
325-329 Jasper Road, Ormond, Vic 3204
325-329 Jasper Road, Ormond, Vic 3204
+9
325-329 Jasper Road, Ormond, Vic 3204
  • 9
Property ID: 504732660
Translate to English

Key property information

Land Size
1,170.00 m2
Zoning
Commercial 1 Zone
Floor Area
540.00 m2

Significant 1,170 sqm* Ormond Landholding with Holding Income and Upside (STCA)

325-329 Jasper Road, Ormond, Vic 3204
Stonebridge Property Group is pleased to present 325-329 Jasper Road, Ormond, offered for sale via Expressions of Interest campaign.

325-329 Jasper Road, Ormond, is a high-profile landholding in a prime retail precinct and benefits significantly from its position opposite McDonald’s and next to KFC.

The property comprises two individually titled commercial buildings that will be sold together.

Key highlights of the property include:

- An expansive 1,170 sqm* freehold site with significant surplus land providing untapped potential to value add through development (STCA)

- Significant improvements comprising of 2 individual buildings being one medical, one double fronted office/showroom with the addition of a 4-bedroom family home

- 2 separate tenants, Healius Pathology** and residential tenant, plus a vacant shop front, providing a diversified annual income

- Partially leased returning approx. $129,031* per annum, with potential for fully leased income of around $179,000*

- Zoned Commercial 1 (C1Z) allowing for intelligent future development options, including retail, commercial, residential or mixed-use noting the previously approved permit for a 4-storey residential development (STCA)

- Valuable ‘dual shop’ frontage (30.1 m*) to Jasper Road allows scope for further retail activation 

- Situated in the prime retail precinct with immediate access to McDonald’s (opposite), KFC (30 m*), IGA (350 m*), Rodolfos (500 m*), and Joyce Park Playground (300 m*)

- Strategically connected to surrounding suburbs via Ormond Train Station (500 m*) and bus stops (210 m*). Alternatively, access is also simple via accessible arterials North Road (60 m*), or Nepean Highway (3.3 km*)

- Within one of Melbourne’s most abundant private and public school precincts with institutions, including Kilvington Grammar School (700 m*), McKinnon Secondary College (850 m*), McKinnon Primary School (850 m*), Ormond Primary School (900 m*), Trinity Institute of Business Studies (1.1 km*), and Monash University Caulfield Campus (2.9 km*) 

- Located in the affluent suburb of Ormond, which boasts a median house price of $1,800,000^ and convenient proximity to Middle Brighton Beach

325-329 Jasper Road, Ormond is for sale by Expressions of Interest closing Thursday 12th December 2024 at 2pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner 
0459 396 341

Andrew Milligan 
0421 559 992

Chao Zhang 张超
0411 625 068

^ REIV

* Approximately

** with a 12-month termination notice clause

Property Code: 1137
        

Property Details

Basic Info

Property Type
Land/DevelopmentRetailOffices
Listing Status
On Market
Land Size
1,170.00 m2
Address
325-329 Jasper Road, Ormond, Vic 3204
Dylan Kilner
Dylan Kilner
Andrew Milligan
Andrew Milligan
Chao Zhang 张超
Chao Zhang 张超
Level 19, 627 Chapel Street, South Yarra, Vic 3141
Get in touch
Report this page

Contact Agent

Email enquiry to Stonebridge Property Group - Melbourne

Dylan Kilner
Dylan Kilner
Andrew Milligan
Andrew Milligan
Chao Zhang 张超
Chao Zhang 张超
Level 19, 627 Chapel Street, South Yarra, Vic 3141
What's your enquiry about?
Write a message
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 504732660

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.