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101 Station St 1,582 SF Office Condo Unit Offered at $587,448 in Ferntree Gully, VIC 3156
Investment Highlights
- Dual ground-floor shops with glass façades
- Excellent commuter accessibility near train
- Current tenant in occupation (month-to-month)
- Strata-titled assets sold together for scale
- Positioned in Ferntree Gully retail hub
Executive Summary
Situated in the vibrant heart of Ferntree Gully’s commercial precinct, this dual-shop holding provides substantial flexibility for investors and occupiers looking for growth prospects combined with income security. The combined 147 sqm presents a streamlined opportunity to control two adjoining titles, offering future adaptability for a range of retail, showroom, or office uses. The property benefits from prominent street frontage and pedestrian traffic, complemented by immediate proximity to Ferntree Gully Railway Station and bus links for convenient commuter access.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Both shops feature full-height glass frontages for visibility and natural light, along with open-plan layouts suited for modern retail or professional services. The units include individual meter connections and are positioned under a single tenancy to Capelli Hair & Beauty Studio Pty Ltd on a holding-over basis, providing immediate rental yield while allowing for flexible repositioning strategies.
Sale Notes
Available for $820,000, this high-profile dual-shop opportunity combines income, location, and adaptability. With independent strata titles, strong rental history, and exposure to a busy commercial corridor, the property suits owner-occupiers seeking dual utility or investors aiming to bolster their portfolio with a rare, low-risk retail asset. Its proximity to major transport hubs and thriving local amenities underscores its long-term growth resilience.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 11 & 12 | 1,582 SF | Office | $587,448 ($371.33/SF) | - |
Unit 11 & 12
| Unit Size |
| 1,582 SF |
| Condo Use |
| Office |
| Price |
| $587,448 ($371.33/SF) |
| NOI |
| - |
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Unit 11 & 12
| Unit Size | 1,582 SF |
| Condo Use | Office |
| Price | $587,448 ($371.33/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Both shops feature full-height glass frontages for visibility and natural light, along with open-plan layouts suited for modern retail or professional services. The units include individual meter connections and are positioned under a single tenancy to Capelli Hair & Beauty Studio Pty Ltd on a holding-over basis, providing immediate rental yield while allowing for flexible repositioning strategies.</li></ul> | |
| Sale Notes | |
| Available for $820,000, this high-profile dual-shop opportunity combines income, location, and adaptability. With independent strata titles, strong rental history, and exposure to a busy commercial corridor, the property suits owner-occupiers seeking dual utility or investors aiming to bolster their portfolio with a rare, low-risk retail asset. Its proximity to major transport hubs and thriving local amenities underscores its long-term growth resilience.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 6,867 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 6,867 SF |
| Property Subtype | Storefront | Lot Size | 0.18 AC |
| Building Class | C |
| Total Building Size | 6,867 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 6,867 SF |
| Lot Size | 0.18 AC |
1 1
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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101 Station St
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