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7A Parker Street, Ormond

VIC 3204

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Unique holding with outstanding potential

In the one family’s hands for more than 55 years, this amazing & unique package on 2,063m2* of prime Ormond land is to be offered as one subject to existing tenancies & will excite your investment portfolio, providing plenty of scope to add further value as you desire. The front dwelling, formerly a sold brick Art Deco pair built circa 1936 has been combined into a majestic four bedroom residence set amidst good front & rear garden space. Polished floors, high ceilings, two bathrooms, a huge living & dining space, well appointed gas kitchen & sunroom complete this impressive floorplan. The twelve apartments to the rear are cleverly separated into two blocks, built in 1968 & each providing deep entrance halls, two robes bedrooms, living rooms with balconies, generous kitchens with gas cooking & dining space & bathrooms including separate toilets & washing machine taps. Twelve individual covered car spaces at the rear are allocated to each apartment. A solid rental history accompanies this purchase. Situated in a most vibrant part of Ormond, with rear ROW access to Walsh Street, the area is well serviced by train & bus services, popular North Road strip shopping & cafes, Packer Park & Gunn Reserve & a selection of schools at primary & secondary level. Major arterial roads provide easy access to the bayside suburbs & beaches & to Monash University campuses. *Approximate Title Dimensions.

Contact us

David Thomson

Licensed Estate Agent & Auctioneer


Leor Samuel

Director



Ormond suburb statistics

Houses*


Median sale price

$1,890,000

Quarterly price change

-2.13%


Units*


Median sale price

$709,000

Quarterly price change

11.14%


Sales insights


Auction clearance rate*

63%



Median days on market

25 days



Total sold properties*

35


*Updated quarterly for the past 12 months

^Updated daily for the past quarter

~Updated daily for the past 12 months

This website contains data, analytics, statistics and other information supplied by PROPERTY DATA PTY LTD. The data provided in this website is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Property Data relies upon data supplied by third parties and while the data is checked and reviewed, PropertyData does not warrant the accuracy or completeness of the information to the full extent permitted by the law and excludes all loss or damage howsoever arising (including through negligence) in connection with the data supplied by Property Data. The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

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