Ormond Median PriceThe House price is 8% higher than last year. Surrounding suburbsBentleigh East | $1,478,300 | Brighton East | $2,135,600 | Carnegie | $1,464,300 | Caulfield South | $1,734,000 | Glen Huntly | $1,343,400 |
| A570 North Road, Ormond | Sold $1,540,000 in Nov 2015 [Rectify] | Last Sold $685,000 in Jun 2013 | Commercial Property | Land size: 241 sqm [Measure] | Distance: 12.1 km to CBD; 128 metres to Ormond Station [Transport] |
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Map | Nearby prices | Property Description: | - 7 x 7 x 7 year lease to hugely popular eatery, Jimmy Grants - Returning $62,100 per annum plus outgoings and GST - Fixed annual rental increases - Fully refurbished building throughout with exceptional tenant fitout - Land Area: 241sqm approx. - Rear access via right of way - Excellent location within vibrant Ormond Village surrounded by a mixture of retail and hospitality business - Next to Ormond Train Station - Affordable freehold investment opportunity securely leased to a high calibre tenant in a quality location Lot/Plan No: 5/LP6466 | Planning History: | | [03 Apr 1997] Waive Carparking requirement - 40 seats | | [04 Sep 1997] To use the premises for the purpose of a 40 seat restaurant waive the car parking requirment | | [29 Dec 2010] Use of the premises as a restaurant and a reduction in the associated car parking requirement | | [21 Jun 2011] Use of the land for the sale and consumption of liquor in association with the existing restaurant | | [29 Jan 2014] - Construction of buildings and works to the existing building - Waiver of the car parking requirement for the use of the site as a restaurant - On-premise liquor license - Advertising signage | | [30 May 2014] - Construction of buildings and works to the existing building - Waiver of the car parking requirement for the use of the site as a restaurant - On-premise liquor license - Advertising signage Amended | | [02 Jun 2014] Restaurant and cafe Licence | | [19 Jul 2017] Limited Licence - Renewable | Search neighbour's planning permit | Property report from Government |
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