Property Details for 570 North Rd, Ormond
Last Listing description (November 2023)
Fully Fitted Food Premsies
Situated on busy North Road, only metres from the Ormond Railway Station is this large restaurant 211 sqm (approx) which was formerly Jimmy Grant's & GR Souvlaki's Ormond store. The building is well fitted out for a restaurant and includes servery, food preparation areas, fridges, dishwasher, walk in cool room, walk in freezer, customer booths, tables and chairs, bar, drinks fridges and more. At the rear of the property there are staff rooms, staff lockers, cleaner's room and male, female and disabled toilets. Excellent rear access for deliveries. Suit restaurant, cafe or bar operators looking to extend their reach into this up and coming suburb. Inspect by appointment.
Property History for 570 North Rd, Ormond, VIC 3204
- 13 Jun 2023Listed for Rent $59,000 pa
- 23 Feb 2020Listed for Rent $65,000 pa
- 20 Nov 2015Sold - Price Undisclosed
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0About 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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