11 Atherton Road, Oakleigh, VIC 3166 | Property Value & History | OnTheHouse
 
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11 Atherton Road
Oakleigh VIC 3166

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Land area: 321m2
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Property Details for 11 Atherton Rd, Oakleigh

Building Type
Commercial
Land Size
321m2
Local Government
Monash
Lot/Plan
1/TP676803

Last Listing description (March 2021)

AAA RATED INVESTMENT IN TIGHLY HELD OAKLEIGH CENTRAL

Knight Frank is delighted to offer for sale by Public Auction this securely leased retail investment in one of Melbourne's most tightly held retail precincts.


11 Atherton road, Oakleigh offers exceptional street exposure to Atherton Road and the renowned Eaton Mall and comprises a 2 level brick building with a secure five (5) year lease to long standing national tenant H&R Block.

With a current net rental of $76,576 per annum the property is situated on 319sqm(approx.) of prime Commercial 1 Zoned land, and is complimented by rear laneway access and ample car parking.

This is an exceptional investment opportunity with long term potential for a mixed use development (STCA).

Oakleigh is one of the most desirable retail locations outside the CBD, the location is a bustling cosmopolitan/Mediterranean area that sees high demand from retailers across all sectors, making it a solid investment. With record low vacancy rates and secure income from a long standing tenant you can be assured that 11 Atherton Road will continue to out preform other markets well into the future.

Securely leased to H & R Block- a national tenant with exceptional trading history
Current net rental of $76,576 per annum plus outgoings & GST
Fixed annual 5% rental increases
Secure five (5) year lease that commenced 1st November 2017
Land area of 319qm approx. with ROW
Flexible Commercial 1 Zoning
High profile location- Opposite Eaton Food Mall, Oakleigh Central shopping Centre and Oakleigh Train and Bus Station

The property is available for inspection every Tuesday 2pm-2.30pm and Thursday's 11am - 11.30am throughout the campaign.

11 Atherton Road is being sold via a Public Auction to be conducted on Friday the 11th May at 12noon on site.

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Property History for 11 Atherton Rd, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$2,850,000
11 May 2018
  • 11 May 2018
    Sold for $2,850,000
  • 11 Apr 2018
    Listed for Sale Not Disclosed
  • 04 Feb 1980
    Sold for $125,000
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of 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 5,620 properties. Over the last 5 years, Houses in Oakleigh have seen a 16.91% increase in median value, while Units have seen a 3.16% increase. As at 31 December 2025:

  • The median value for Houses in Oakleigh is $1,300,175 while the median value for Units is $641,307.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Oakleigh on OnTheHouse. According to Cotality's data, 220 properties were sold in the past 12 months in Oakleigh.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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