Opportunity for the savvy investors and developers alike to secure a footprint central to the thriving and expanding Fernvale Township.
With immediate income available, plus the bonus future development of multiple tenancies, with an abundance of car parking available - you can not go wrong!
- High profile flood free position over 809m2 providing excellent exposure and signage opportunity
With the Fernvale township projected grow over the next 5 years based on current residential subdivision DA approvals in place for over 1000 lots to be developed, this makes this commercial offer a Golden opportunity.
Call me now for more information about this superb investment opportunity John Galloway 0409 776 737
* Approximately
The size of Fernvale is approximately 27.8 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Fernvale in 2011 was 2,367 people. By 2016 the population was 3,203 showing a population growth of 35.3% in the area during that time. The predominant age group in Fernvale is 0-9 years. Households in Fernvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernvale work in a trades occupation. In 2011, 73.9% of the homes in Fernvale were owner-occupied compared with 65.8% in 2016.
Fernvale has 1,689 properties. Over the last 5 years, Houses in Fernvale have seen a 106.07% increase in median value, while Units have seen a 167.43% increase. As at 31 October 2024:
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