For Sale
5,360 sqm* Landholding Improved with 9 Office Buildings in Monash Commercial Precinct
417-431 Ferntree Gully Road, Mount Waverley VIC
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.