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

***OFFERS UNDER REVIEW 

EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 25TH FEBRUARY AT 12 NOON 

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 533 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 $89,554 pa + outgoings, supported by long-term occupation and a functional high-bay layout. With a total net income of $167,054 per annum, 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.

- $167,054 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

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