Oakleigh Warehouse Investment with Significant Upside

Ray White Commercial Ferntree Gully is delighted to present For Sale by way of Public Auction, this warehouse / office complex located just a few minutes from the trains and shops of Oakleigh.

Total building area is 2,347 sqm* with off street parking and further parking available in the Brickmakers Park parking area. The property comprises two (2) large warehouse or workshop areas, a reception and customer waiting area, wash bay and numerous office spaces and a boardroom / conference room. There is also male and female toilets and kitchenette facilities.

Ceiling clearance in the main ground floor warehouse / workshop area is 10.25m*. Ceiling clearance in the first-floor open area is 6.2m *.

Currently tenanted by an automotive repair and servicing business returning $148,188.60 per annum plus GST and Outgoings with a market review to be completed by February 2022 there is significant potential rental upside. T

The property could be adapted to a wide range of enterprises. Situated in close proximity to Oakleigh Central, near the intersection of Princes Highway and Ferntree Gully roads, the Monash Freeway is minutes away. The property has maximum exposure to both Princes Highway and Ferntree Gully Road assuring significant passing trade.

Property Features include: -

• Building Area 2347 sqm*
• Land Area 1893 sqm*
• Returning $148,188.60 per annum*
• Currently Leased Until 19th of February 2025
• Market Review February 2022
• Significant Rental Upside
• High Exposure to Princes Highway
• Off Street Parking
• 4m Roller Door Access *
• Reception & Waiting Area
• Multiple Offices & Conference Room
• Close to Oakleigh Central & Monash Freeway

To arrange an inspection or for further information, please contact Mitch Rosam or Paul Waterhouse

*approximately

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Explore the area

School catchments

Christ Our Holy Redeemer School Primary Prep-6 Catholic 0.70km
Oakleigh Primary School Primary Prep-6 Government 0.82km
Amsleigh Park Primary School Primary Prep-6 Government 1.1km
Sacred Heart School Primary Prep-6 Catholic 1.2km
Sacred Heart Girls' College Secondary 7-12 Catholic 1.3km
Oakleigh Grammar Combined Prep-12 Independent 1.3km
Salesian College Chadstone Secondary 7-12 Catholic 1.4km
Mount Waverley Heights Primary School Primary Prep-6 Government 1.4km
St Mary Magdalen’s School Primary Catholic 1.7km
Huntingdale Primary School Primary Prep-6 Government 2.1km
Malvern Valley Primary School Primary Prep-6 Government 2.1km
Hughesdale Primary School Primary Prep-6 Government 2.2km
Murrumbeena Primary School Primary Prep-6 Government 2.6km
De La Salle College - Holy Eucharist Campus Combined Catholic 2.7km
Mount Waverley Primary School Primary Prep-6 Government 2.8km
Clayton North Primary School Primary Prep-6 Government 2.9km
St Patrick's School Primary Prep-6 Catholic 3.0km
South Oakleigh College Secondary 7-12 Government 3.1km
SEDA College (Victoria) - AFL - Clayton Secondary Independent 3.3km
John Monash Science School Secondary 10-12 Government 3.5km
Ashwood High School Secondary 7-12 Government 3.5km
McKinnon Secondary College - East Campus Secondary Government 3.7km
Avila College Secondary 7-12 Catholic 3.8km
Huntingtower School Combined Prep-12 Independent 3.9km
Mount Waverley Secondary College Secondary 7-12 Government 4.1km
St Bede's College - Bentleigh East Campus Secondary Catholic 4.2km
Mount Waverley Secondary College-Junior Campus Secondary Government 4.3km
Mckinnon Secondary College Secondary 7-12 Government 4.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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