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.