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Stonebridge Property Group - Melbourne

325-329 Jasper Road Ormond, VIC 3204

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325-329 Jasper Road,
Ormond, VIC 3204

Development Sites & Land • Shops & Retail • Offices
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Stonebridge Property Group - Melbourne
Chao Zhang 张超
Andrew Milligan
Dylan Kilner

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
325-329 Jasper Road
Ormond, VIC 3204

Map of 325-329 Jasper Road

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  • Train stations within 5 km of 325-329 Jasper Road, Ormond, VIC 3204Distance
    Ormond Station418 m
    McKinnon Station746 m
    Bentleigh Station1.4 km
    Glenhuntly Station1.7 km
    Patterson Station2.3 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 325-329 Jasper Road, Ormond, VIC 3204Distance
    68-Carnegie/Truganini Rd (Carnegie)1.6 km
    67-Centre Rd/Truganini Rd (Carnegie)1.7 km
    62-Grange Rd/Glenhuntly Rd (Caulfield East)1.7 km
    64-Mernda Ave/Glenhuntly Rd (Carnegie)1.7 km
    63-Maroona Rd/Glenhuntly Rd (Carnegie)1.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 325-329 Jasper Road, Ormond, VIC 3204Distance
    Jasper Road Shopping Centre/North Rd (Ormond)139 m
    Ulupna Rd/North Rd (Ormond)155 m
    Nicholls Rd/North Rd (Ormond)286 m
    Tyrone St/North Rd (Ormond)291 m
    Walsh StGrange Rd317 m
    POWERED BY HERE ©
POWERED BY HERE ©

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

  • 1,170 sqm* Commercial 1 Zone Landholding
  • McKinnon Secondary College Zone
  • Holding Income of $129,031* p.a
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 3...

Andrew Milligan
0421 559 9...

Chao Zhang 张超
0411 625 0...

^ REIV

* Approximately

** with a 12-month termination notice clause

Property Code: 1137

Property ID: 504732660Last Updated: 8 Nov 2024

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