37 Chester StreetOakleigh VIC 3166
Property Details for 37 Chester St, Oakleigh
Last Listing description (January 2023)
Maintaining a prime position with shop frontage onto Oakleigh's bustling Chester St, this outstanding commercial holding offers investors the benefits of an instant rental income, whilst providing future potential to value-add with a potential second storey addition (STCA).
Benefitting from excellent passing pedestrian traffic, the site is with 90sqm approx. of floor space encompassing a fitted shop front, rear workshop, staff amenities plus a kitchenette.
Superbly situated in a vibrant shopping precinct that's within walking distance to Oakleigh Train Station, buses, Woolworths and Coles Supermarkets plus an array of quality restaurants and shops.
Building Area:90
Development Zone:Commercial 1 Zone
M2 Total In Floor Area:90
Property History for 37 Chester St, Oakleigh, VIC 3166
- 28 Oct 2021Listed for Sale $1,800,000 - $1,950,000
- 18 Jan 2017Listed for Sale Contact Agent
- 14 Feb 2013Transferred
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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 5.39% increase in median value, while Units have seen a 3.23% increase. As at 31 March 2026:
- The median value for Houses in Oakleigh is $1,299,733 while the median value for Units is $639,824.
- Houses have a median rent of $695 while Units have a median rent of $613.
Suburb Insights for Oakleigh 3166
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