271 Huntingdale RoadOakleigh VIC 3166
Property Details for 271 Huntingdale Rd, Oakleigh
271 Huntingdale Rd, Oakleigh is a 2 bedroom, 2 bathroom Unit. The property has a land size of 563m2 and floor size of 627m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (June 2022)
Ray White Commercial Oakleigh is pleased to offer 271 Huntingdale Road Oakleigh to market by way of Public Auction on Wednesday 13th April 2022 @ 12:00 pm. Highly sought after and tightly held properties like these do not come up very often.
If you are searching for a secure and long term investment property that ticks all the boxes then this is the one for you. This is a great opportunity to purchase an asset with excellent growth opportunities and with a current long term lease in place to Tang Chinese Cuisine.
The property has been trading as Tang Chinese restaurant since 2018 with three (3) further terms of five (5) Years. Returning $101,920 per annum (As of 15th June 2022). The business was acquired by new owners in September 2021 who have a vested interested in remaining for the long term.
We highly recommend the property for your consideration as it offers the opportunity to buy:
Prime Freehold with further upside potential (STCA)
Unique opportunity to own a highly sought after hospitality investment
Leased to established Chinese Restaurant since 2018
Substantial freehold asset in thriving location
Close to major arterials and public transport
Excellent surrounding amenities
Inspection Times
21st March - 12:00pm-12:30pm
28th March - 12:00pm-12:30pm
4th April - 12:00pm-12:30pm
11th April - 12:00pm-12:30pm
To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:
https://anywhereauctions.com.au/app/property?propertyId=21863
For further information please contact one of the exclusive marketing agents:
Ryan Amler | 0401 971 622
Simon Liang | 0451 954 318
*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agent.
Property History for 271 Huntingdale Rd, Oakleigh, VIC 3166
- 14 Apr 2022Sold for $2,305,000
- 11 Mar 2022Listed for Sale AUCTION
- 02 Mar 2017Listed for Rent - Price not available
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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 5,621 properties. Over the last 5 years, Houses in Oakleigh have seen a 17.28% increase in median value, while Units have seen a 9.38% increase. As at 30 November 2025:
- The median value for Houses in Oakleigh is $1,316,756 while the median value for Units is $650,738.
- Houses have a median rent of $650 while Units have a median rent of $597.
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