437 North Road, Ormond, VIC 3204 | Property Value & History | OnTheHouse
OFF MARKET

437 North Road
Ormond VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 256m2
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Property Details for 437 North Rd, Ormond

Building Type
Commercial
Year Built
2012
Land Size
256m2
Local Government
Glen Eira
Lot/Plan
7/PS631359

Last Listing description (December 2023)

Introducing a Prime Commercial Office in a Desirable Location

Located in a highly sought-after area near a bustling train station, this prime commercial office presents an exceptional opportunity for businesses seeking an ideal working environment. With its convenient transportation links, upscale features, and versatile layout, this office offers a range of benefits that enhance productivity, accessibility, and overall appeal.

One of the standout features of this office is its prime location. Situated near a bustling train station, the office enjoys the advantages of being in a high-demand area. The close proximity to the station ensures easy commuting for both employees and clients, reducing travel time and increasing accessibility. This advantage makes it an attractive option for businesses that value convenience and streamlined operations.

The office space itself boasts an upscale design and layout. Upstairs, you'll find a dedicated area with three car spaces, ensuring convenient parking for staff and visitors. This feature adds a touch of convenience to the overall experience of the office. The downstairs area features a spacious and well-appointed boardroom, providing a professional setting for meetings, presentations, and collaborative work. The presence of these versatile spaces caters to the diverse needs of businesses across various industries.

As guests and clients enter the office, they are immediately greeted by a welcoming reception area. This stylish and inviting space sets a positive first impression and creates a warm atmosphere for visitors. Moreover, being within walking distance from the train station, the office benefits from high foot traffic. This presents an opportunity to attract potential customers or clients, further enhancing business prospects.

In addition to its convenient location and aesthetic appeal, the office's surroundings offer an array of amenities. Nearby restaurants, cafes, and shops contribute to the overall convenience and quality of the location, providing employees and clients with additional benefits. This creates a pleasant and vibrant environment that fosters both productivity and employee satisfaction.

Beyond its immediate advantages, this commercial office holds excellent potential for business growth. The prime location and accessibility contribute to increased exposure and potential networking opportunities. The office's desirability and convenience make it an attractive investment option, with the potential for rental income and future property value appreciation.

Notable features of this office include two kitchens and two toiletsone downstairs and one upstairs. These facilities offer practicality and convenience, ensuring that the daily operations of the office run smoothly. Furthermore, the office includes designated spaces such as a boardroom, a manager's office, and a director's office. These areas cater to the specific needs of management and facilitate efficient workflow within the organization.

With its prime location, convenient transportation, upscale amenities, and versatility, this commercial office offers an exceptional opportunity for businesses seeking a highly desirable working environment. Don't miss out on the chance to secure a prominent space that embodies both functionality and potential for growth.

Property History for 437 North Rd, Ormond, VIC 3204

A timeline of how this property has performed in the market
  • 29 Jun 2023
    Listed for Sale $700,000-$770,000
  • 30 May 2019
    Listed for Sale AUCTION
  • 22 Aug 2009
    Listed for Sale $700,000 - $750,000
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About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. It has 4 parks covering nearly 5.4% of 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 4,733 properties. Over the last 5 years, Houses in Ormond have seen a 3.15% increase in median value, while Units have seen a -2.39% decrease. As at 31 March 2026:

  • The median value for Houses in Ormond is $1,832,619 while the median value for Units is $630,747.
  • Houses have a median rent of $900 while Units have a median rent of $550.
There are currently 11 properties listed for sale, and 5 properties listed for rent in Ormond on OnTheHouse. According to Cotality's data, 239 properties were sold in the past 12 months in Ormond.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.