Sale by SET DATE 27/02/2024 at 6pm (unless sold prior)
Situated on 2050m2 of prime land with main road frontage and an existing community hall towards the rear of the block, this property is zoned Neighbourhood Residential Zone- Schedule 1 and has potential in so many ways.
Option 1 is to build your own dream home on 2050m2, or look into a medical, dental or childcare opportunity (STCA), perhaps you can use the existing community hall and convert.
Situated approx. 3 kms from Ferntree Gully station, close by to Glenfern Road shops and approx. 38 km from Melbourne CBD. As this is one of the last parcels of land left in the area, don't miss this outstanding owner occupier, development or business opportunity.
Proudly marketed by Barry Plant Rowville - 9753 2828
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 13,623 properties. Over the last 5 years, Houses in Ferntree Gully have seen a 21.71% increase in median value, while Units have seen a 15.64% increase. As at 31 October 2024:
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