Exclusive agents, Dugan & Co Property are proud to present, Ferny Fair Medical & Shopping Centre, 170 Patricks Rd, Ferny Hills, for Sale via Offers to Purchase.
This strategic medical & retail investment represents a rare opportunity to secure a rock-solid high returning asset with massive upside.
All tenants on Net Leases
Don't miss this rare opportunity to acquire a medical anchored centre with strong upside.
Contact exclusive agent, Paul Dugan, of Dugan & Co Property for further details.
*Approx.
The size of Ferny Hills is approximately 10.2 square kilometres. It has 35 parks covering nearly 54.2% of total area. The population of Ferny Hills in 2011 was 8,720 people. By 2016 the population was 8,733 showing a population growth of 0.1% in the area during that time. The predominant age group in Ferny Hills is 40-49 years. Households in Ferny Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferny Hills work in a professional occupation. In 2011, 84.1% of the homes in Ferny Hills were owner-occupied compared with 83.6% in 2016.
Ferny Hills has 3,318 properties. Over the last 5 years, Houses in Ferny Hills have seen a 80.86% increase in median value, while Units have seen a 57.26% increase. As at 31 August 2024:
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