1370-1372 North RoadOakleigh VIC 3166
Property Details for 1370-1372 North Rd, Oakleigh
Last Listing description (May 2023)
Crabtrees Real Estate are pleased to offer 1370-1372 North Road, Oakleigh South for Private Sale.
This rare main road site of approximately 1,466 sqm offers prospective buyers the opportunity to receive a short term income whilst they obtain their development permits.
The property is extremely well located on North Road in the very tightly held Oakleigh/Huntingdale industrial precinct. The property is only moments from major arterials and provides ease of access to greater Melbourne.
This opportunity will appeal to Investors, Developers and future Owner Occupiers.
Tenancy Details:
+ Leased to Auto Salone Pty Ltd
+ Returning $80,000 per annum (net)
+ Three (3) year lease commencing April 2022
+ Annual 3% increases
+ NO FURTHER OPTIONS
Key Features:
+ Huge exposure to North Road with a 36.5m frontage
+ Industrial 1 Zoned
+ Excellent development potential
+ Includes existing building/workshop area of approximately 166 sqm
North Road carries a huge volume of passing traffic so why not join major occupying neighbours including Tasman Meats, Coates Hire, Kennard's Storage, Ultra Tune, Woolworths Service Station & CDC Victoria.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Property History for 1370-1372 North Rd, Oakleigh, VIC 3166
- 02 Mar 2023Listed for Sale CONTACT AGENT
- 04 Apr 2017Listed for Sale POA
Recent sales nearby
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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 5,619 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.
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