42 & 44 Lillimur Road and 7A & 9A Leila Road , Ormond

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Dual permit approved site on corner landholding in high demand residential suburb

** SOLD **

Corner landholding comprising 4 residences on individual titles within sought after location featuring dual permits for boutique apartment development or Aged Care complex

• Plans for 24 apartments (comprising 9x3 beds/2 bath, 12x2 bed/2 bath & 3x1 bed/1.5 bath) with basement car park or 3 level plus rooftop residential Aged Care facility

• Short term holding income

• Corner site of 1,438sqm* with combined frontage of 79m*

• Within sought-after suburb with median house price of $1,460,000 (Source: REIV)

• Superb residential location diagonally opposite Kilvington Grammar School and close to a host of amenities including Ormond Train Station, North Road retail strip, parklands and more

• May suit other uses such as childcare (STCA)

Terms: 10% deposit, balance 30/60 days


In conjunction with Australian Professionals Property Service Pty Ltd

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