Freehold Retail Investment In Central Ferntree Gully

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction Hybrid, both On Site and Online, this versatile retail / professional services premises which is located in a bustling shopping village directly across from Ferntree Gully train station.

Total Building Area is 103sqm *. The property offers toilet and bathroom facilities as well as a staff break or store room. Features include air conditioning, wide display windows and plenty of customer parking nearby.

There is potential to add a second storey to the property, thereby significantly enhancing return on investment. ^ The current long-term tenant has recently signed a lease for another three (3) years.

Property features include:-

- Total Building Area 103sqm *
- Total Land Area 143 sqm *
- Freehold - No owners corporation
- Fixed Annual Increases 4%
- 6.8m* Shopfront

To arrange an inspection or for further information, please contact Paul Waterhouse.

* Approx.
^ Subject to council approval

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

The Avenue School Secondary 11 Independent 0.18km
St John the Baptist School Primary Prep-6 Catholic 0.52km
Heritage College Knox Combined Prep-12 Independent 0.83km
St Joseph's College Secondary 7-12 Catholic 0.86km
Ferntree Gully North Primary School Primary Prep-6 Government 0.91km
Wattle View Primary School Primary Prep-6 Government 1.7km
Upper Ferntree Gully Primary School Primary Prep-6 Government 2.2km
Mountain Gate Primary School Primary Prep-6 Government 2.3km
Boronia K-12 College Combined Prep-12 Government 2.7km
Urban College Secondary 10-12 Independent 2.7km
Kent Park Primary School Primary Prep-6 Government 2.8km
St Joseph's Primary School Primary Prep-6 Catholic 2.9km
Fairhills Primary School Primary Prep-6 Government 3.0km
Dillbadin Primary School Primary Prep-6 Government 3.0km
Fairhills High School Secondary 7-12 Government 3.5km
Ferny Creek Primary School Primary Prep-6 Government 3.5km
St Bernadette's Catholic Primary School Primary Prep-6 Catholic 3.5km
Lysterfield Primary School Primary Prep-6 Government 3.7km
Karoo Primary School Primary Prep-6 Government 3.8km
Upwey High School Secondary 7-12 Government 4.1km
St Andrews Christian College Combined Prep-12 Independent 4.6km
Rowville Secondary College-Eastern Campus Secondary Government 5.0km
Sherbrooke Community School Combined 1-12 Government 5.1km
Scoresby Secondary College Secondary 7-12 Government 5.2km
Bayswater Secondary College Secondary 7-12 Government 5.7km
Belgrave Heights Christian School Combined Prep-12 Independent 6.0km
Wantirna College Secondary 7-12 Government 6.3km
Mater Christi College Secondary 7-12 Catholic 6.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.