513 North Road,
Ormond, VIC 3204

Development Sites & Land • Shops & Retail

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REALISATION AUCTION! Shop and Dwelling with Potential!

Situated next to a recently developed IGA Supermarket is this 2 storey shop and dwelling.

The property is leased on a term of five (5) years expiring October 2015 and currently returns $39,600.00 per annum plus GST.

Positioned on 265m2 (approx) of Business 1 zoned land, the building features rear right of way access and uniquely, the original wood fired oven from the original bakery.

The location along the ever busy Ormond Shopping Precinct is ideal amongst many well-known retailers such as Amcal Pharmacy, Subway Restaurant and Giant Cycling World.

Being surrounded by an established and evolving residential area, 12 kilometres (approx) south east of the Melbourne Central Business District, this property is sure to offer excellent capital growth.

Enquire today.