- Two titles providing versatility
- Substantial landholding of 682sqm
- Excellent holding income
Description
Gorman Commercial is pleased to offer 519 & 519A North Road, Ormond for sale via Expressions of Interest closing on Wednesday 10th June 2026 at 2pm.
An outstanding opportunity to unlock the potential in this substantial corner land holding. Comprising three separate buildings on two separate titles with a combined frontage in excess of 76 metres.
The Key Highlights are:
* Total land area: 682 sqm approx.
* Total building area: 618 sqm approx.
* Commercial 1 zone - suit a variety of uses & development outcomes (STCA)
* Huge exposure with combined frontage of 76m+ including prominent double frontage to North Road of 14.5m+.
* Currently returning $76,351 pa + GST with significant potential rental uplift
* Wide rear access via right of way along the northern boundary.
* Strategically located within the vibrant North Road Ormond retail strip, in close proximity to IGA, Ormond train station and a huge variety of retail, service and lifestyle amenity.