41 Francis Crescent, FERNTREE GULLY VIC 3156

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41 Francis Crescent, Ferntree Gully VIC 3156

Private Sale: $800,000 - $850,000

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$800k - $840k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 3 Cars 1774 m²

Listed: 3 hours ago

Overview

Situated on a substantial and rare 1,774 square meter parcel of land in the peaceful surroundings of Ferntree Gully, this property offers an elevated lifestyle opportunity with beautiful views.

The expansive allotment provides ample possibilities for developers, builders, or home buyers who are eager to create a unique residence or explore redevelopment options (subject to council approval). Currently, the site features a comfortable main residence with four bedrooms and two bathrooms alongside a separate self-contained unit. This setup presents excellent flexibility, catering to extended family arrangements, guest accommodation, or potential rental income.

The generous land area combined with the property's elevated position enhances privacy and the scope for outdoor living, gardening, or future expansion. Its location nestles within an established community, close to various schools, shopping centers including Ferntree Gully Village and Mountain Gate Shopping Centre, parks, cafes, and public transport options such as the nearby Ferntree Gully train station.

For nature enthusiasts, the proximity to the scenic Dandenong Ranges and the renowned 1000 Steps at Kokoda Memorial Walk creates an appealing balance between tranquility and lifestyle convenience.

This property will appeal to families seeking space and lifestyle, developers looking for a promising project in a sought-after area, and investors attracted by the existing dual accommodation and development potential. The combination of a significant landholding, dual living options, and convenient location offers a versatile and valuable opportunity.

Local Market Insights

In Ferntree Gully, Quiet Listings observed 22 new houses entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $927,682. The property type mix of listed properties is predominantly Houses at 56%, followed by units (22%), and townhouses (17%). The most active agency for houses in the Ferntree Gully area is currently Ray White, representing 36% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.