402 Ferntree Gully RoadNotting Hill VIC 3168
Property Details for 402 Ferntree Gully Rd, Notting Hill
Last Listing description (June 2023)
Ray White Commercial Oakleigh are please to present for Lease this fabulous property 402 Ferntree Gully Road. Located on the corner of Ferntree Gully and Blackburn Road offering good exposure and signage opportunity.
With high exposure and rear laneway access, this location will ensure a good start to any business's success.
Features include:
Total building area | 85m2*
Large open plan retail area with carpeted rear office
Prominent & busy corner location - Large volumes of passing traffic!
Rear access
On site car parking for two (2) cars
Kitchenette
Suitable for a variety of uses (STCA)
Close proximity to Monash Freeway (M1), Princes Highway & Springvale Road
Commercial 1 Zoning (C1Z)
Available June 2023
$25,000 per annum + Outgoings
For further information or to arrange an inspection please contact one of the exclusive marketing agents below:
George Kelepouris | 0425 798 677
George Ganavas | 0476 634 562
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 402 Ferntree Gully Rd, Notting Hill, VIC 3168
- 18 Oct 2024Sold for $520,000
- 06 Jun 2023Listed for Sale Not Disclosed
- 22 Mar 2023Listed for Rent $25,000 / year
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About Notting Hill 3168
The size of Notting Hill is approximately 1.6 square kilometres. It has 1 park covering nearly 0.3% of total area. The population of Notting Hill in 2016 was 3050 people. By 2021 the population was 2895 showing a population decline of 5.1% in the area during that time. The predominant age group in Notting Hill is 20-29 years. Households in Notting Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Notting Hill work in a professional occupation.In 2021, 47.70% of the homes in Notting Hill were owner-occupied compared with 41.00% in 2016.
Notting Hill has 2,173 properties. Over the last 5 years, Houses in Notting Hill have seen a 6.90% increase in median value, while Units have seen a 5.84% increase. As at 30 April 2026:
- The median value for Houses in Notting Hill is $1,281,602 while the median value for Units is $415,867.
- Houses have a median rent of $633 while Units have a median rent of $550.
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