FOR SALE
$2,300,000 - $2,500,000

1-8/24 Walsh Street
Ormond VIC 3204

Bedrooms: 16
Bathrooms: 8
Car spaces: 8
Land area: 858m2
Improve this data
Auction Time
Thu 18 Jul 1:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Invest with Confidence! Enhance Your Portfolio with Exceptional Returns

Experience a unique investment opportunity at 1-8/24 Walsh Street, Ormond! For the first time ever on the market, this property boasts 8 spacious 2BR apartments (all individually, strata titled), each complemented by its own car park.
Occupying approximately 858sqm of prime real estate, this block presents an annual rent of $102,000. With a strong history of long-term tenants exceeding 30 years, this offering provides stability and the opportunity to increase rents closer to market value to increase the overall yield from day one!
Seize this exceptional chance to enhance rental income and elevate property value immediately.
Situated in proximity to Ormond station and local shops, this property offers effortless access to transportation hubs, ensuring connectivity is at your doorstep.
With esteemed educational institutions like Kilbreda and McKinnon Primary School in the vicinity, this location caters to families and individuals alike. Embrace the ease of urban living while reaping the benefits of a thriving community setting.
Don't miss out on this prime location teeming with endless possibilities, where convenience meets investment potential!
View Statement of Information

Property Details for 1-8/24 Walsh St, Ormond

1-8/24 Walsh St, Ormond is a 16 bedroom, 8 bathroom BlockOfUnits with 8 parking spaces. The property has a land size of 858m2. The place is currently for sale with Ray White Carnegie.

Building Type
BlockOfUnits
Land Size
858m2

Commute Calculator

About Ormond 3204

The size of Ormond is approximately 2.1 square kilometres. It has 4 parks covering nearly 5.4% of total area. The population of Ormond in 2011 was 7,710 people. By 2016 the population was 8,416 showing a population growth of 9.2% in the area during that time. The predominant age group in Ormond is 20-29 years. Households in Ormond are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ormond work in a professional occupation. In 2011, 59.8% of the homes in Ormond were owner-occupied compared with 57.7% in 2016.

Ormond has 4,642 properties.

    There are currently 10 properties listed for sale, and 4 properties listed for rent in Ormond on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Ormond.

    Ormond Profile Page

    Suburb Insights for Ormond 3204

    Visit Ormond profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Ormond profile page
    Contact agent
    Tom Grieve
    Show contact details
    Call agent
    Matt Hurlston
    Show contact details
    Call agent
    Ray White Carnegie
    Preferred contact:
    Privacy Policy
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED