85 Acacia Road, Ferntree Gully, VIC 3156

Development/Land | Industrial

Sold

  • Property ID: 433169
  • Floor Area: 1m²
  • Land Area: 2580m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Land Sold 22/12/2023 1m2 2580m2 Contact Agent
SUBSTANTIAL LAND HOLDING

Appleby Commercial is pleased to offer 85 & 95 Acacia Road, Ferntree Gully for sale by Private Treaty.
Located just off Burwood Highway within a commercial catchment, the subject property offers a rare and exceptional opportunity to acquire a substantial vacant site offering multiple use opportunities (STCA) within a Commercial 2 zone (C2Z).
Set across two titles to be sold as one, the site would be suitable for a variety of uses including yard and storage space and/or development and construction of commercial buildings (STCA).
Appleby Commercial recommends all developers and owner occupiers to seriously consider the opportunity this property has to offer.

Property features include:
- Land area of 2,580 square metres
- Currently leased on a short term basis until September 2024 (no option) - passing rent $50,648 net.
- The site is currently being utilised for storage and car parking
- Commercial 2 (C2Z)
- Commercial building of approximately 1541 square metre may be built on the site (STCA)
- 2 titles to be sold as one

For further information or to arrange an inspection contact Appleby Commercial today!

Additional Information
Features
  • Availability: NOW
Ferntree Gully Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $228 ---
Industrial $2250 $189 8.41%
Retail --- $243 ---
This is the average advertised price, rent and yield for Ferntree Gully, VIC 3156*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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