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398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

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398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

Notting Hill

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398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

Notting Hill

398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

Properties / Buy / Victoria / Notting Hill
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
1,572 m² (*approx)
Floor Area
522 m² (*approx)
Property Type
Retail, Industrial, Offices
Sub-type
Warehouse Showroom
Est. Income
$176,009 p/a
Fully Leased
Ability Ease Healthcare and Auto Prestige Services
Zone
Special Use Zone 6 (SUZ6)
Show All
TURNKEY INCOME WITH CORNER-CUTTING EXPOSURE

POINT OF INTEREST:

Fully leased and prominently signed, it’s a main-road investment that boasts visibility in the millions with an enquiry rate expected to be similar. Commanding the corner of Ferntree Gully Road and Blackburn Road, this dual-tenancy freehold captures over 10.5 million passing vehicles annually and sits at the heart of the Monash employment corridor. The property spans 522 sqm* of building area on a 1,572 sqm* landholding and is leased to two established occupiers.

Ability Ease Healthcare occupies 240 sqm* under a new five-year lease from January 2026, returning $77,500 pa + outgoings with 4% annual increases, while Auto Prestige Services leases 293 sqm*, generating $98,509.20 pa + outgoings, supported by long-term occupation and a functional high-bay layout. With a total net income of $176K pa, dual-arterial frontage, generous parking, and just 30% site coverage, the asset offers immediate return with genuine future upside (STCA).

Positioned along Ferntree Gully Road, the location blends campus-side cafés and local favourites with immediate proximity to Monash University, CSIRO, the Monash Technology Precinct, and the new SRO project. Supported by retail amenity at M-City and Brandon Park, and underpinned by seamless connectivity via the Monash Freeway, Princes Highway, and Huntingdale railway station — it’s now further elevated by being just a few hundred metres from the future Suburban Rail Loop, placing staff, services, and the CBD within even faster reach.

- Unit 1: 240 sqm* building area. Open-plan showroom with office and amenities.

- Unit 2: 293 sqm* building area. Three roller doors with clean, high-bay warehouse/showroom area.

- Special use zone 6 and ample on-site car spaces.

- $176,009.20 per annum in total leasing income for both units.

- Reception area, partitioned office, and staff room.

- High-exposure signage to Blackburn Road & Ferntree Gully Road.

- Frontage to over 10.58M passing vehicles annually (VicRoads Data 2023).

- 730 m* to the Monash.

- Onsite allocated car parking spaces

POINT OF VIEW:

Exposure like this isn’t speculative; it’s measurable. Backed by main-road positioning and constant rail upgrades like the suburban loop, the location underwrites relevance today and resilience over the long term.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

398-400 Ferntree Gully Road Investment Summary

Property Type
Retail, Industrial, Offices
Sub-type
Warehouse Showroom
Est. Income
$176,009 p/a
Number Of Tenants
2
Tenant
Ability Ease Healthcare and Auto Prestige Services
Land Area
1,572 m² (*approx)
Floor Area
522 m² (*approx)
Zone
Special Use Zone 6 (SUZ6)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
EOI Closing Date
25 Feb 2026 12:00PM
Selling Details
Contact Agent

Investment Highlights

TURNKEY INCOME WITH CORNER-CUTTING EXPOSURE

POINT OF INTEREST:

Fully leased and prominently signed, it’s a main-road investment that boasts visibility in the millions with an enquiry rate expected to be similar. Commanding the corner of Ferntree Gully Road and Blackburn Road, this dual-tenancy freehold captures over 10.5 million passing vehicles annually and sits at the heart of the Monash employment corridor. The property spans 522 sqm* of building area on a 1,572 sqm* landholding and is leased to two established occupiers.

Ability Ease Healthcare occupies 240 sqm* under a new five-year lease from January 2026, returning $77,500 pa + outgoings with 4% annual increases, while Auto Prestige Services leases 293 sqm*, generating $98,509.20 pa + outgoings, supported by long-term occupation and a functional high-bay layout. With a total net income of $176K pa, dual-arterial frontage, generous parking, and just 30% site coverage, the asset offers immediate return with genuine future upside (STCA).

Positioned along Ferntree Gully Road, the location blends campus-side cafés and local favourites with immediate proximity to Monash University, CSIRO, the Monash Technology Precinct, and the new SRO project. Supported by retail amenity at M-City and Brandon Park, and underpinned by seamless connectivity via the Monash Freeway, Princes Highway, and Huntingdale railway station — it’s now further elevated by being just a few hundred metres from the future Suburban Rail Loop, placing staff, services, and the CBD within even faster reach.

- Unit 1: 240 sqm* building area. Open-plan showroom with office and amenities.

- Unit 2: 293 sqm* building area. Three roller doors with clean, high-bay warehouse/showroom area.

- Special use zone 6 and ample on-site car spaces.

- $176,009.20 per annum in total leasing income for both units.

- Reception area, partitioned office, and staff room.

- High-exposure signage to Blackburn Road & Ferntree Gully Road.

- Frontage to over 10.58M passing vehicles annually (VicRoads Data 2023).

- 730 m* to the Monash.

- Onsite allocated car parking spaces

POINT OF VIEW:

Exposure like this isn’t speculative; it’s measurable. Backed by main-road positioning and constant rail upgrades like the suburban loop, the location underwrites relevance today and resilience over the long term.

*Approx.

Pricing excludes GST

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

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398-400 Ferntree Gully Road, Notting Hill, VIC, 3168

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