442-452 North Road, Ormond

I’m a sizeable two-level building with ambition.

This outstanding corner property is located in the highly desirable and affluent suburb of Ormond.

I’m diligent and hard-working, with long-standing tenant.

In recent times it has been converted and adapted to operate as a school, and is leased to the well-established Beis Elfraim College.

With 12 years remaining on an 18 year lease the asset provides a strong and secure income stream in a time when income has never been more important.

I’m ready to unlock my full potential.

There is an undeniable development potential well into the future at leases end. The superior corner location will allow for a significant high density redevelopment.

For sale via expressions of interest closing the 29th of February 2024 at 3:00pm.

For more information, get in touch with the selling agents today.

Jeremy Gruzewski (Executive Director) - 0422 21 021

Rodney King (Director of Agency) - 0422 839 870