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

Offices | Showrooms | Development/Land

For Sale Contact the Stonebridge Team

  • Property ID: 448273
  • Floor Area: 1779m²
  • Land Area: 5360m²
  • Occupancy: Vacant
5,360 sqm* Landholding Improved with 9 Office Buildings in Monash Commercial Precinct

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 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.

Key highlights of the opportunity include:

- Existing improvements comprising a single-level office building with 9 individual units generating a fully leased annual income of $430,222* + GST

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

- All 9 units are currently leased to a diverse tenant mix including Quantum Technology (Vision Australia) and Ignite Healthcare

- Situated at the junction of Blackburn Road and 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 Fulfilment 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, including CSIRO, Monash University, Australian Synchrotron and Monash Health

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

417-431 Ferntree Gully Road, Mount Waverley, is offered for sale via Expressions of Interest closing Thursday 10th October 2024 at 2pm (AEDT).

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

Max Warren
0488 296 892

Dylan Kilner
0459 396 341

Chao Zhang ??
0411 625 068

*Approximately

Property Code: 1052

Mount Waverley Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $4070 --- ---
Offices $3447 $366 10.62%
Retail --- $185 ---
This is the average advertised price, rent and yield for Mount Waverley, VIC 3149*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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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