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For Sale

30 Atherton Road,
Oakleigh 3166, Victoria

200m² building size
Retail

FOR SALE $1,200,000 - $1,300,000

Property details

SECURE INVESTMENT WITH RESIDENTIAL DWELLING IN CENTRAL OAKLEIGH

An outstanding opportunity to secure a tightly held commercial investment in one of Oakleigh's most prominent and sought-after locations, just seconds from the vibrant Eaton Mall precinct.

Set on approximately 165 sqm* of land with a substantial 200 sqm* building area, this versatile property combines a secure commercial tenancy with the added benefit of a residential dwelling upstairs, creating a compelling investment proposition with multiple income and future-use advantages.

The property is leased to long-standing tenant Just Rentals on a current 5-year lease expiring 28 February 2030*, together with a further 5-year option, providing investors with valuable income security and long-term tenure.

Currently returning a net annual income of approximately $65,350* (after land tax), the property also benefits from fixed annual increases of 4%, providing built-in rental growth and enhancing the investment's long-term income profile.

As a Commercial 1 zoned landholding with potential development of 4 levels*, the property offers excellent flexibility and occupies a premium position within the heart of Oakleigh. With Eaton Mall just moments away, the property benefits from exceptional exposure, accessibility and proximity to Oakleigh's renowned retail, dining and transport amenities.

The additional residential dwelling upstairs further enhances the property's appeal, offering a rare combination of commercial income and residential accommodation within the one holding.

With a strong existing tenancy, attractive annual rental increases, valuable residential accommodation and a premium Oakleigh position, 30 Atherton Road represents a rare opportunity to secure a quality commercial investment with genuine long-term potential.

*Approximate figures.

In conjunction with Mark Watkins from Belle Property Mount Waverley - 0411 396 264

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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Inspections

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School catchments

  • Sacred Heart School Primary Prep-6 Catholic 0.46km
  • Oakleigh Primary School Primary Prep-6 Government 0.54km
  • Oakleigh Grammar Combined Prep-12 Independent 0.78km
  • Christ Our Holy Redeemer School Primary Prep-6 Catholic 1.4km
  • Hughesdale Primary School Primary Prep-6 Government 1.4km

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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