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40-44 Station Street, Ferntree Gully, VIC, 3156, Australia
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40-44 Station Street Ferntree Gully

Auction: Wed 09-Sep-15 1:00PM

Realisation Sale - Ready Set Build - Approved Development Site

Axis Property in conjunction with Prime Property Partners are pleased to offer this corner development site.

Realisation Sale - MUST BE SOLD!

Located on the corner of Station Street and Alpine Street.

All the hard work has been for you as this site comes with an endorsed permit for the development of 18 Apartments plus 6 commercial units with 2 being approved for food use as well as associated parking.

Location:-

The property is well located in the heart of the Ferntree Gully Village shopping strip and surrounded by a number of established businesses as well as cafe's and restaurants.

The property is well serviced by the Ferntree Gully trains station as well as excellent bus services.

The property is surrounded by excellent main arterial roads that include Burwood Highway, Ferntree Gully Rd, Stud Rd and only moments to Eastlink.

The Property:-

Substantial Corner site of 1600 meters approx.

Permit:- 18 apartments (11 x 2 bedroom and 2 bathrooms as well as 7 x 2 bedrooms and 1 bathrooms)

Plus 4 shops/offices and two retail shops with permits for café/restaurant.

Plus secure basement parking including storage for each apartment and lift /stair access to all levels.

Two street frontages

Station Street – 56.96m*

Alpine Street – 19.55m*

Leased on a month to month to long standing tenant.

Zone - Commercial 1

Agents in Conjunction

Greg Bakanursky

Prime Property Partners

Suite 501 566 St Kilda Rd, Melbourne

Ph:- (03) 9526 8488

Mobile - 0413 872 539

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