85 Acacia RoadFerntree Gully VIC 3156
Property Details for 85 Acacia Rd, Ferntree Gully
Last Listing description (January 2024)
Appleby Commercial is pleased to offer 85 & 95 Acacia Road, Ferntree Gully for sale by Private Treaty.
Located just off Burwood Highway within a commercial catchment, the subject property offers a rare and exceptional opportunity to acquire a substantial vacant site offering multiple use opportunities (STCA) within a Commercial 2 zone (C2Z).
Set across two titles to be sold as one, the site would be suitable for a variety of uses including yard and storage space and/or development and construction of commercial buildings (STCA).
Property features include:
- Land area of 2,580 square metres
- Currently leased on a short term basis until September 2024 (no option) - passing rent $50,648 net.
- The site is currently being utilised for storage and car parking
- Commercial 2 (C2Z)
- Commercial building of approximately 1541 square metre may be built on the site (STCA)
- 2 titles to be sold as one
For further information or to arrange an inspection contact Appleby Commercial today!
Property History for 85 Acacia Rd, Ferntree Gully, VIC 3156
- 22 Dec 2023Sold for $1,750,000
- 26 Jun 2023Listed for Sale Contact Agent
- 03 Jul 2009Sold for $420,002
Recent sales nearby
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About 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 13,792 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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