346 Warrigal Road, Oakleigh South, VIC 3167 | Commercial for sale | OnTheHouse
 
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346 Warrigal Road
Oakleigh South VIC 3167

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 276m2
Land area: 599m2
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Prime Commercial Investment in Oakleigh South

Ray White Commercial and Colliers are excited to present 346 Warrigal Road, Oakleigh South, for Private Sale.
This architecturally designed, high-profile building offers a secure medical investment opportunity in the heart of Oakleigh South's thriving commercial hub. It boasts exceptional visibility and strategic proximity to major retailers, including Bunnings, Woolworths, Chemist Warehouse, and Australia Post. Capitalise on the area's well-established reputation as a prime retail destination to significantly enhance your business's presence.
Adding to its considerable appeal, the property includes a securely leased digital billboard, generating passive income until April 2026, with a confirmed 5-year option. This makes it a rare opportunity to acquire a high-exposure commercial asset with diversified income streams.
Key Highlights:
• Generous 599m² Commercial 2 Zoned (C2Z) site with a 15m road frontage.*
• Architecturally designed commercial building spanning 276m²*
• New Lease Commenced June 30, 2025, with an Allied Health and Podiatry tenant.
o Year 1: $47,000 pa net
o Year 2: $50,000 pa net
o 3% increases thereafter
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Property Details for 346 Warrigal Rd, Oakleigh South

Building Type
Commercial
Floor Size
276m2
Land Size
599m2
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About Oakleigh South 3167

The size of Oakleigh South is approximately 6.7 square kilometres. There are 17 parks, covering nearly 30.5% of the total area. The population of Oakleigh South in 2016 was 9261 people. By 2021 the population was 9851 showing a population growth of 6.4% in the area during that time. The predominant age group in Oakleigh South is 30-39 years. Households in Oakleigh South are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation.In 2021, 74.00% of the homes in Oakleigh South were owner-occupied compared with 74.90% in 2016.

Oakleigh South has 5,356 properties. Over the last 5 years, Houses in Oakleigh South have seen a 3.03% increase in median value, while Units have seen a 9.25% increase. As at 31 August 2026:

  • The median value for Houses in Oakleigh South is $1,153,864 while the median value for Units is $774,657.
  • Houses have a median rent of $730 while Units have a median rent of $630.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Oakleigh south on OnTheHouse. According to Cotality's data, 171 properties were sold in the past 12 months in Oakleigh south.

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Will Jonas
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