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61 Station St 2,551 SF 100% Leased Retail Building Ferntree Gully, VIC 3156 $542,775 ($212.77/SF)



Investment Highlights
- Freehold property with combined commercial and residential components.
- Rear-lane access to lock-up garage, storage, and separate bungalow.
- Located within walking distance to train station, cafés, and shops.
- Equipped with a 10.4 kW solar electricity system and multiple split systems.
- Three-bedroom, one-bathroom residence on the upper level.
Executive Summary
61 Station Street, Ferntree Gully presents a rare freehold opportunity combining commercial versatility with residential accommodation in a highly connected village setting. Positioned on Station Street, the property is within walking distance of Ferntree Gully Train Station, cafés, shops, and essential amenities, ensuring strong accessibility and exposure.
The ground floor comprises a generous commercial area with multiple rooms, kitchen, and bathroom facilities, suitable for a range of uses including retail, office, consulting, or hospitality (STCA). Above, a three-bedroom residence with its own bathroom provides flexibility for an owner-occupier, on-site manager, or additional rental income.
Additional improvements include a separate bungalow, lock-up garage, shed, and storage room, all accessible via a rear lane. The property is equipped with a 10.4 kW solar electricity system and multiple split-system air conditioners, enhancing energy efficiency and comfort.
Zoned Commercial 1 (C1Z), this property offers significant adaptability for future use and long-term value. Its prominent frontage, proximity to public transport, and views toward the Dandenong Ranges further strengthen its appeal for investors and occupiers alike.
The ground floor comprises a generous commercial area with multiple rooms, kitchen, and bathroom facilities, suitable for a range of uses including retail, office, consulting, or hospitality (STCA). Above, a three-bedroom residence with its own bathroom provides flexibility for an owner-occupier, on-site manager, or additional rental income.
Additional improvements include a separate bungalow, lock-up garage, shed, and storage room, all accessible via a rear lane. The property is equipped with a 10.4 kW solar electricity system and multiple split-system air conditioners, enhancing energy efficiency and comfort.
Zoned Commercial 1 (C1Z), this property offers significant adaptability for future use and long-term value. Its prominent frontage, proximity to public transport, and views toward the Dandenong Ranges further strengthen its appeal for investors and occupiers alike.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,551 SF
Building Class
C
Price
$542,775
Price Per SF
$212.77
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.07 AC
Frontage
18’ on Station Street
Amenities
- Air Conditioning
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61 Station St
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