30 Atherton Road, Oakleigh, VIC 3166 | Other for sale | OnTheHouse
 
FOR SALE
FOR SALE $1,500,000

30 Atherton Road
Oakleigh VIC 3166

Bedrooms: 2
Bathrooms: 3
Car spaces: -
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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
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Property Details for 30 Atherton Rd, Oakleigh

30 Atherton Rd, Oakleigh is a 2 bedroom, 3 bathroom Other. The place is currently for sale with Ray White Mount Waverley.

Building Type
Other
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. There are 11 parks, covering nearly 10.8% of the total area. The population of Oakleigh in 2016 was 7893 people. By 2021 the population was 8442 showing a population growth of 7.0% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation.In 2021, 62.70% of the homes in Oakleigh were owner-occupied compared with 64.40% in 2016.

Oakleigh has 5,623 properties. Over the last 5 years, Houses in Oakleigh have seen a -7.37% decrease in median value, while Units have seen a -4.34% decrease. As at 31 July 2026:

  • The median value for Houses in Oakleigh is $1,230,085 while the median value for Units is $610,699.
  • Houses have a median rent of $715 while Units have a median rent of $625.
There are currently 14 properties listed for sale, and 18 properties listed for rent in Oakleigh on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Oakleigh.

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Jacob Biviano
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Courtney Matthews
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Ray White Mount Waverley
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