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34 Forest Road
Ferntree Gully VIC 3156

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Charming and Iconic Paddy's Tavern A Unique Investment Opportunity

Phone enquiries - please quote property ID 33815.
Step into a rare opportunity to own and operate Paddy's Tavern, a beloved local institution nestled in the vibrant community of Ferntree Gully.
Known for its warm atmosphere, loyal customer base, and rich history, Paddy's Tavern is a cornerstone of the area, offering a blend of traditional charm and modern conveniences.
Key Features:
Prime Location: In the heart of Ferntree Gully, Paddy's Tavern benefits from high visibility and foot traffic, ensuring a steady stream of patrons year-round.
Rich History: With years of service to the local community, Paddy's Tavern has become a cherished landmark, known for its friendly service, hearty meals, and inviting ambiance.
Diverse Offerings: The tavern boasts a varied menu that caters to all tastes, from classic pub fare to gourmet specials, complemented by an extensive selection of beverages, including local and international beers, wines, and spirits.
Spacious Interior: Featuring a well-appointed bar, cosy dining areas, and ample seating, Paddy's Tavern is designed to accommodate large groups and intimate gatherings alike. The venue also includes space for live entertainment, making it a popular spot for events and celebrations.
Outdoor Seating: The tavern offers an attractive outdoor seating area, perfect for al fresco dining and enjoying the pleasant Ferntree Gully weather.
Loyal Customer Base: Over the years, Paddy's Tavern has cultivated a dedicated following, with regular patrons who appreciate the consistent quality and welcoming environment.
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Property Details for 34 Forest Rd, Ferntree Gully

Building Type
Commercial

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About Ferntree Gully 3156

The size of Ferntree Gully is approximately 14 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Ferntree Gully in 2011 was 25,585 people. By 2016 the population was 26,433 showing a population growth of 3.3% in the area during that time. The predominant age group in Ferntree Gully is 30-39 years. Households in Ferntree Gully are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ferntree Gully work in a professional occupation. In 2011, 78.9% of the homes in Ferntree Gully were owner-occupied compared with 77% in 2016.

Ferntree Gully has 13,475 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 24.44% increase in median value, while Units have seen a 16.96% increase. As at 30 September 2024:

  • The median value for Houses in Ferntree Gully is $864,907 while the median value for Units is $654,003.
  • Houses have a median rent of $590 while Units have a median rent of $550.
There are currently 56 properties listed for sale, and 25 properties listed for rent in Ferntree gully on OnTheHouse. According to CoreLogic's data, 494 properties were sold in the past 12 months in Ferntree gully.

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