3/1513-1517 Dandenong Road, Oakleigh, VIC 3166 | Property Value & History | OnTheHouse
OFF MARKET

3/1513-1517 Dandenong Road
Oakleigh VIC 3166

Bedrooms: -
Bathrooms: -
Car spaces: 63
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Property Details for 3/1513-1517 Dandenong Rd, Oakleigh

Building Type
Commercial
Local Government
Monash

Last Listing description (November 2023)

Cushman & Wakefield Melbco Strata Markets team are delighted to exclusively present For Sale Shop 3, 1513-1517 Dandenong Road, Oakleigh

- A high exposure, retail investment situated on the ground floor of the highly successful Oros Oakleigh development with some 270 apartments and 106 hotel rooms throughout the complex
- Securely leased on a new 5-year term returning $376,372 net per annum plus GST + outgoings (as at 1 Jan 2024).

- Favourable 4% annual rental increases as well as further options
- Boasting 20m* of prime Dandenong Road frontage and an expansive floor area of 1,040m*
- Well connected with Dandenong Road on your doorstep as well as Monash Freeway and Oakleigh Station all within 1km
- 63 car spaces included on title offering opportunity to maximise rental potential
- 700m from Chadstone shopping centre largest shopping centre in Australia with over 550 specialty stores, office complex and 5-star Hotel Chadstone
- Dandenong Road position with in excess of 50,000 cars passing daily

For Private Sale

Private inspections by appointment only.

Contact the Melbco Strata Markets team today:

Raphael Favas | +61 435 916 380
Eva Ni | +61 425 232 942
Jeff Ha | +61 401 145 166

(*Approx)

Property History for 3/1513-1517 Dandenong Rd, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
  • 19 Oct 2023
    Listed for Sale Contact Melbco Strata Markets
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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 15 properties listed for sale, and 18 properties listed for rent in Oakleigh on OnTheHouse. According to Cotality's data, 203 properties were sold in the past 12 months in Oakleigh.

Suburb Insights for Oakleigh 3166

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.