533 North RoadOrmond VIC 3204
Property Details for 533 North Rd, Ormond
Last Listing description (September 2024)
A golden opportunity presents to take on this ready to go business in a highly sought after Ormond location!
Situated in one of the most vibrant and growing communities, this venue enjoys a prime location. The bustling surroundings, coupled with the popularity of the area, guarantee a steady flow of customers and ongoing demand.
In a highly visible location with heavy foot traffic flow
3 bedrooms included (first floor)
Fully equipped
Very Big Kitchen & Fantastic Setup
Operating six days a week (7 days if needed)
Dinning/Takeaway Food
6 yearly long secure lease plus extension opportunity
Lease $3320 per month
Front entry and back access to rear car parking
Easy access to buses and trains, just a few minutes walk from Ormond Station.
Approx 243sqm of land
Business Is Still Growing
Needs an Owner Operator To Take It To The Next Level.
Bargain Price -$ 91000 - $ 100.000
For more information, please call:
Esmael Namdar 0498577554
Property History for 533 North Rd, Ormond, VIC 3204
- 12 Mar 2024Listed for Sale $65,000 - $75,000
- 20 Dec 2022Listed for Sale $50,000
- 18 Feb 2015Transferred
Recent sales nearby
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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.
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