503 North Road
Ormond, VIC 3204

Overview

503 North Road, Ormond VIC 3204

This commercial property at 503 North Road, Ormond, presents a rare opportunity in a highly sought-after location. It is a move-in-ready shop situated in one of the area's most tightly held retail strips, offering approximately 109 square meters of building area.

Key features of this property include vacant possession, making it ideal for owner-occupiers or investors seeking a prime retail space. The location benefits from high visibility on a busy main road, surrounded by national retailers such as Petstock, Subway, IGA, Amcal Pharmacy, KFC, and McDonald's, ensuring strong foot traffic and customer exposure.

The property is located within a premium residential catchment, situated in an affluent suburb with a median house price of approximately $1.8 million. This affluent demographic supports a strong local demand for retail services.

Additionally, the property is strategically positioned close to nearly 30 schools within a 3-kilometer radius, including the prestigious McKinnon School Zone, further enhancing its appeal to local families and businesses.

Convenient transport access is another advantage, with the property within walking distance of Ormond Train Station and just steps away from bus routes 630 and 625, facilitating easy access for customers and staff alike.

It is important to note that this property does not include any bedrooms, as it is a commercial retail space.

Prospective buyers are advised to conduct their own due diligence and refer to the appropriate legal documentation to ensure all information is accurate and complete.

Location