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417-431 Ferntree Gully Road, Mount Waverley, VIC 3149

2. Property Highlights

5,360 sqm* Landholding Improved with 9 Office Buildings in Monash Commercial Precinct
  • 9 Existing Buildings with Income
  • Significant 5,360 sqm* Landholding
  • Development Upside (STCA)

Stonebridge Property Group is pleased to present for sale, 417-431 Ferntree Gully Road, Mount Waverley.

This property is a significant 5,360 sqm* landholding improved with a single level office building comprising of 9 individual units.

The property has excellent connectivity only 600 m* to the Monash freeway providing inbound and outbound access to Melbourne's South Eastern suburbs.

The key highlights of the opportunity include:

- Existing improvements comprising single level office building with 9 individual units generating a fully leased net income of $375,995* per annum

- Significant 5,360 sqm* Special Use Zone landholding offering flexible future development outcomes including commercial, office and industrial (STCA)

- 8 of the 9 units are currently leased to a diverse tenant mix including Simply Seep, Quantum Australia and Green Life Windows & Doors

- Situated at the junction of Blackburn Road & Ferntree Gully Road only 2 minutes to the Monash Freeway (600 m*)

- Located within the tightly held Monash commercial and industrial precinct home to Cabrini, Pellicano, Woolworths Fullfillment Centre , Bunnings, Calvary, Home Care Head Office, Henley Homes and more.

- Positioned in the retail amenity triangle between several major precincts, including The Glen (3.3 km*), M-City (2.3 km*), and Chadstone (5 km*)

- Within the Monash Employment and Innovation Cluster surrounded by multiple national and international employers and research institutions: CSIRO, Monash University, Australian Synchrotron and Monash Health

- 550 m* metres to the forthcoming Suburban Rail Loop 'Monash Station'

*Approximately

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.

Dylan Kilner

0459 396 341

Max Warren

0488 296 892

Chao Zhang 张超

0411 625 068

Property Code: 631

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3. Property Location

417-431 Ferntree Gully Road, Mount Waverley, VIC 3149

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