83 Station StreetFerntree Gully VIC 3156
Property Details for 83 Station St, Ferntree Gully
Last Listing description (March 2022)
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
Property History for 83 Station St, Ferntree Gully, VIC 3156
- 01 Mar 2022Sold for $465,000
- 01 Feb 2022Listed for Sale Auction
- 16 Nov 2016Listed for Rent $180,000 / year
Recent sales nearby
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0About Ferntree Gully 3156
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 13,791 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 16.49% increase in median value, while Units have seen a 19.83% increase. As at 31 March 2026:
- The median value for Houses in Ferntree Gully is $939,232 while the median value for Units is $715,214.
- Houses have a median rent of $630 while Units have a median rent of $583.
Suburb Insights for Ferntree Gully 3156
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