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669-677 North Road, Ormond$2.90m
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669-677 North Road

Ormond, VIC 3204, Australia
$2.90m
9 bed 1 bath 2 car1195m²

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Area Price Guide
$2.73m$3.07m

Indicative price guide range

🏘️
78
Comparable
📊
$1.46m
Area median
⚖️
+99%
vs median
📐
$2,427
Per m²
📏
1195 m²
Land
🗓️
1 week ago
Listed

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About this property

An eye-catching opportunity at the landmark intersection of North Rd and Koornang Rd, this approx. 1,195sqm of land property is ready to rewrite history. Recognised by its grand red-brick industrial building and prominent shopfront presence, this high-profile site presents exceptional scope for a landmark residential or mixed-use development (STCA) or a strategic landbank opportunity to capitalise on this tightly held location in the future. Can also make for the ultimate personal use property for car storage or flexible business use for an owner occupier. Approx. 1,195sqm of land holding with wide 33m frontage and 2 crossovers Approx. 1,031sqm internal size Mixed Use Zone Schedule 3 Landmark early-20th-century red-brick industrial building Currently configured as 8 individual units Semi-detached shopfront with side-lane access to 2 rear factoryettes Additional first-floor office and mezzanine accommodation 4 current tenancies returning approx. $110,000 pa Potential future billboard income opportunity (STCA) Exposure to approx. 50,000 vehicles passing daily along North Rd High-profile position near the corner of North Rd and Koornang Rd Approx. 2km to Centre Rd Bentleigh shopping precinct Approx. 2.1km to Carnegie Station Approx. 3km to Bentleigh Station Approx. 4.2km to Chadstone Shopping Centre Approx. 6km to the bay via North Rd Approx. 6.5km to the iconic bathing boxes at Dendy Street Beach Approx. 12km to Melbourne CBD Within the highly regarded McKinnon Primary School Zone For further information on this course-side property contact Chris Hassall at Buxton Bentleigh on 0412 898 990 or the Buxton Office on 9563 9933. ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.

Property Features

    View full listing on Domain

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    Repayment calculator

    $14,059/month
    $7,030 /fortnight
    Loan $2,320,000 at 6.10% over 30 years

    Upfront costs

    Deposit$580,000
    Stamp duty$168,500
    Conveyancing (est.)$2,000
    Total upfront$750,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    9
    Bathrooms
    1
    Parking
    2
    Land Area
    1195m²
    Listed
    1 week ago

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