1/79 Glenfern Road, Ferntree Gully, VIC 3156 | Commercial for sale | OnTheHouse
 
FOR SALE
$670,000

1/79 Glenfern Road
Ferntree Gully VIC 3156

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 78m2
Land area: 98m2
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Dual-Tenant Shop Front Exceptional Location - Incredible Return Whilst Growing Your Business

Secure a quality commercial investment in one of Ferntree Gully's well-established neighbourhood precincts. This 98m²* premises is currently home to a respected specialist chiropractor paying $1750 per month until 2027 with the opportunity to move in or lease out the other half. This provides a diverse and resilient income stream in a sector known for long-term tenancy stability or perfect for someone to move in.
The property is well configured to accommodate both businesses, offering functional consulting/treatment areas and a professional presentation that supports ongoing tenant success.
A key advantage of this asset is its accessibility. The property benefits from ample customer parking directly at the front of the premises, ensuring convenience for clients and encouraging repeat visitation. In addition, there is dedicated staff parking at the rear, enhancing practicality for tenants and adding to the overall appeal of the investment.
Strategically positioned along Glenfern Road, the property enjoys strong local exposure and is surrounded by a substantial residential catchment, underpinning consistent demand for health and wellbeing services.
Investment Highlights;
* 98m²* commercial premises
* Dual premises
* Diversified income profile
* Excellent Glenfern Road exposure
* Generous customer parking at the front
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Property Details for 1/79 Glenfern Rd, Ferntree Gully

Building Type
Commercial
Floor Size
78m2
Land Size
98m2
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About Ferntree Gully 3156

The size of Ferntree Gully is approximately 14.0 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Ferntree Gully in 2016 was 26428 people. By 2021 the population was 27398 showing a population growth of 3.7% in the area during that time. The predominant age group in Ferntree Gully is 30-39 years. Households in Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferntree Gully work in a professional occupation.In 2021, 76.30% of the homes in Ferntree Gully were owner-occupied compared with 77.00% in 2016.

Ferntree Gully has 13,811 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 4.94% increase in median value, while Units have seen a 10.32% increase. As at 31 July 2026:

  • The median value for Houses in Ferntree Gully is $888,400 while the median value for Units is $690,736.
  • Houses have a median rent of $640 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 18 properties listed for rent in Ferntree gully on OnTheHouse. According to Cotality's data, 502 properties were sold in the past 12 months in Ferntree gully.

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Gavin Zeitz
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G & H Property Group
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