4B Macrina Street, Oakleigh East, VIC 3166 sold on 28 May 2026 | OnTheHouse
 
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Sold on 28 May 2026 - Price Unavailable

4B Macrina Street
Oakleigh East VIC 3166

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 160m2
Land area: 166m2
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Property Details for 4b Macrina St, Oakleigh East

Building Type
Commercial
Floor Size
160m2
Land Size
166m2

Last Listing description (May 2026)

Online Auction Registration Link: https://anywhereauctions.com.au/app/property?propertyId=69726

RWC Oakleigh is pleased to present 4B Macrina Street, Oakleigh East to the market via a Public On-site and Online Auction scheduled for Thursday 28th May 2026 at 11:00 am.

Fantastic opportunity to refurbish, occupy, redevelop^ or invest in a well located and well serviced Commercial 1 Zoned property. The building offers tremendous flexibility with the potential for two income streams aided by access via the laneway on the rear and council parking at the front.

> Inspect on Thursday 28th May | 10:30am - 11:00am (Auction Day)

The Opportunity:

• Total land holding | 166m2*
• Total building area | 160m2* (over two levels)
• Significant value-add potential through refurbishment or redevelopment^
• Potential for two income streams
• Current commercial tenant in overholding
• Flexible shop and residence configuration
• Surrounded by established operators
• R.O.W - Rear laneway access
• Commercial 1 Zone (C1Z)
• Terms: 10% deposit, settlement in 30 - 90 days

For further information or to obtain a copy of the contract of sale or information memorandum, please contact one of the exclusive marketing agents below:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562
Jonathan On | 0479 003 122

*All areas and figures approximates 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 Agents.
^Subject to Council Approval

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Property History for 4b Macrina St, Oakleigh East, VIC 3166

A timeline of how this property has performed in the market
Last Sold
28 May 2026
Listed for Rent
$458/w
02 May 2015
  • 28 May 2026
    Sold
  • 28 Apr 2026
    Listed for Sale Auction ($590,000 - $650,000)
  • 04 Sep 2018
    Transferred
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About Oakleigh East 3166

The size of Oakleigh East is approximately 2.1 square kilometres. There are 6 parks, covering nearly 5.4% of the total area. The population of Oakleigh East in 2016 was 6444 people. By 2021 the population was 6804 showing a population growth of 5.6% in the area during that time. The predominant age group in Oakleigh East is 20-29 years. Households in Oakleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh East work in a professional occupation.In 2021, 61.60% of the homes in Oakleigh East were owner-occupied compared with 61.40% in 2016.

Oakleigh East has 3,579 properties. Over the last 5 years, Houses in Oakleigh East have seen a -4.51% decrease in median value, while Units have seen a 6.73% increase. As at 31 July 2026:

  • The median value for Houses in Oakleigh East is $1,248,456 while the median value for Units is $846,857.
  • Houses have a median rent of $650 while Units have a median rent of $650.
There are currently 10 properties listed for sale, and 18 properties listed for rent in Oakleigh east on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Oakleigh east.

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Theo Karkanis
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Ray White Commercial Oakleigh
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