An outstanding opportunity for owner-occupiers and astute investors alike – secure not one, but two side-by-side retail shops in the heart of Ferntree Gully’s bustling commercial precinct.With two individual titles and a month-to-month lease in place, this offering provides incredible flexibility – occupy one or both shops, continue leasing for passive income, or reposition the property to suit your business or investment goals.Property Highlights: Total area: 147 sqm approx. (73.5 sqm each) Two individual strata-titled shops – to be sold together Ideal for owner-occupiers, investors, or SMSF buyers Prominent location with excellent foot and vehicle traffic Ample nearby parking and strong surrounding retail mixCurrent Tenancy:Tenant: Capelli Hair & Beauty Studio Pty LtdLease Term: Month-to-month (for both Shop 11 & Shop 12)Rental Income: Shop 11: $22,167.24 p.a. + GST (incl. outgoings) Shop 12: $22,167.24 p.a. + GST (incl. outgoings) Total Combined Income: $44,334.48 p.a. + GST (incl. outgoings)Whether you're looking to set up your own business, secure a passive income stream, or landbank in a growing suburb, this dual-shop opportunity delivers on all fronts.Contact Appleby Commercial on (03) 8727 9555 today to arrange your private inspection.
The size of Ferntree Gully is approximately 14.0 square kilometres. It has 45 parks covering nearly 8.8% of 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 13,795 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 28.85% increase in median value, while Units have seen a 21.12% increase. As at 31 December 2025:
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