419 North Road Ormond VIC 3204

Savills is delighted to offer for sale this exceptional permit approved townhouse site located at 419 North Road, Ormond. This property presents an exceptional opportunity to deliver a luxury townhouse project within one of Melbourne's premier suburbs.

Key attributes of this opportunity are:
Large 2,044sq m* corner landholding
Extensive combined street frontage of 91 metres*
General Residential Zone 1
Approved permit and endorsed plans for 14 luxury townhouses
High quality townhouse product with no basement and large private open spaces
Large land content providing potential to increase yield or alternate uses including child care/medical (STCA)
A short walk to Ormond Train Station and extensive retail
Ormond has a strong median house price of $1,697,500^ supporting luxury townhouse projects
A townhouse product strategically meeting a high demand segment of the market in one of Melbourne's premier suburbs

*Approximate. ^***

Sold.

For further information please contact:
Julian Heatherich 0412 995 655
Benson Zhou 0458 488 888