35/35 Cinerea AvenueFerntree Gully VIC 3156
Property Details for 35/35-A Cinerea Ave, Ferntree Gully
35/35-A Cinerea Ave, Ferntree Gully is a 2 bedroom, 1 bathroom Unit with 3 parking spaces. The property has a land size of 794m2 and floor size of 162m2.
Last Listing description (June 2022)
THE PROPERTY
A truly unique offering with personality and a superb position, this flat 785sqm (approx.) land holding with a duplex site makes for a great potential as an investment or future development site. Comprising two properties joined side by side, it presents as the ideal opportunity to live in one and rent out the other or keep both leased returning 3,020 per calendar month, or make grand plans to build your own dream home or better yet, knockdown and rebuild 2 townhouses side by side (STCA) taking advantage of 22m frontage. Each property contains 2 bedrooms, 1 bathroom, kitchen, living/dining & laundry. large bedrooms that share the main bathroom. One of the two has recently been renovated whilst the other provides scope for improvement.
(Pictures online are for the un-renovated unit, pictures for the renovated unit will be available early Jan.)
Number 35 is currently leased at 1,586 per calendar month and Number 35A is currently leased for $1,434 per calendar month with a lease in place until the 27th May 2023.
THE FEATRUES
Large & flat 785sqm (approx.) allotment
Ideal for investors or developers
Duplex site with 2 properties attached side by side
Live in one and rent out the other
Knockdown and build your dream home or multi-unit site (STCA)
Each property contains 2 bedrooms, 1 bathroom, and single garage
THE LOCATION
A premium position, you're located close to Mountain Gate Shops, Mountain Gate Primary, Wattleview Primary, Pickett Reserve, FTG Station, Westfield Knox, and Eastlink.
On Site Auction Saturday 29th of January at 3pm
Property History for 35/35-A Cinerea Ave, Ferntree Gully, VIC 3156
- 06 Jan 2022Listed for Sale Auction ($820,000 - $890,000)
- 26 Nov 2015Listed for Sale Offer Over $690,000
- 08 Apr 2013Listed for Sale Offers Over $460,000
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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 13,621 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:
- The median value for Houses in Ferntree Gully is $870,259 while the median value for Units is $655,718.
- Houses have a median rent of $595 while Units have a median rent of $550.
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