475 North Road, Ormond, VIC 3204 | Commercial for rent | OnTheHouse
 
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475 North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
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Floor area: 198m2
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ORMOND OPPORTUNITY WITH EXISTING HOSPITALITY INFRASTRUCTURE

RETAIL OPPORTUNITY WITH EXISTING HOSPITALITY INFRASTRUCTURE
RWC (Oakleigh) is pleased to present 475 North Road, Ormond for lease, a versatile two-level retail/office premises offering outstanding exposure within the heart of the Ormond retail and commercial precinct.
The property was previously occupied for food and beverage use and retains valuable hospitality infrastructure, including an existing commercial kitchen, canopy/exhaust system, gas connection and grease trap.
Beyond hospitality, the property's flexible configuration and prominent North Road position provide scope for a wide variety of retail, office, showroom, professional service and other commercial uses (STCA).
A key point of difference is the substantial rear yard with laneway access, providing excellent flexibility for on-site parking, storage, loading or the potential creation of an outdoor courtyard area (STCA).
Positioned metres from Ormond Railway Station, the property benefits from excellent public transport accessibility and exposure to North Road.
Key Features:
• Total building area | 198 m²* over two levels
• High-profile North Road exposure
• Metres from Ormond Railway Station
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Property Details for 475 North Rd, Ormond

Building Type
Commercial
Floor Size
198m2
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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. There are 4 parks, covering nearly 5.4% of the total area. The population of Ormond in 2016 was 8417 people. By 2021 the population was 8328 showing a population decline of 1.1% in the area during that time. The predominant age group in Ormond is 20-29 years. Households in Ormond are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ormond work in a professional occupation.In 2021, 60.90% of the homes in Ormond were owner-occupied compared with 57.70% in 2016.

Ormond has 4,739 properties. Over the last 5 years, Houses in Ormond have seen a -4.50% decrease in median value, while Units have seen a -10.69% decrease. As at 31 July 2026:

  • The median value for Houses in Ormond is $1,773,642 while the median value for Units is $597,516.
  • Houses have a median rent of $915 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 198 properties were sold in the past 12 months in Ormond.

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Ryan Amler
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Ray White Commercial Oakleigh
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