24 Manton Road, Oakleigh South, VIC 3167 | Property Value & History | OnTheHouse
OFF MARKET

24 Manton Road
Oakleigh South VIC 3167

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 330m2
Land area: 738m2
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Property Details for 24 Manton Rd, Oakleigh South

Building Type
Commercial
Floor Size
330m2
Land Size
738m2
Local Government
Monash
Lot/Plan
54/LP12452

Last Listing description (June 2022)

Ray White Commercial Oakleigh is pleased to offer 24 Manton Road Oakleigh South to market for sale via On-site Auction on Thursday 17th March 2022 at 12pm.

For those unable to attend this highly anticipated Auction, the property will also be held online via anywhereauctions.com.au of which you will be able to bid from the comfort of your home or office.

Highly sought after and tightly held, freestanding properties like these do not come up very often in Oakleigh South. If you are searching for an industrial property with a great tenant and return then look no further. This is a great opportunity to purchase an industrial investment that is sure to have great capital growth for many years to come. Being sold with a current tenancy in place to Autobreeze Pty Ltd since November 2020 with further terms.

The property is situated in the prime Industrial Hub of Oakleigh South with short access to North Road, and within close proximity to the Huntingdale Shopping precinct and Train Station. The property features partitioned offices at the front of 98m2* with kitchen and toilet facilities plus a workshop / warehouse at the rear of 236m2*. Total building area 334m2*

The property also benefits from an additional and functional rear year of 227m2* which is accessible via roller door from the workshop area. Should this not be enough there is ample parking on the front for at least five (5) vehicles.

Key details of the opportunity include:

Leased to Autobreeze Pty Ltd since Nov 2020
Sold as a going concern
Current lease in place since Nov 2020 with two further terms (3 yrs + 5 yrs)
Current income $39,338 Per Annum plus GST plus Outgoings
Total land area 737m2*
Total building area 334m2*
Rear yard accessible via roller door of 227m2*
Prime Industrial 1 Zone - IN1Z

Inspection times:

10th March - 12.00 pm - 12.30 pm
16th March - 12.00 pm - 12.30 pm

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=20880

For further information please contact one of the exclusive marketing agents:
Ryan Amler - 0401 971 622
George Kelepouris - 0425 798 677

*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 24 Manton Rd, Oakleigh South, VIC 3167

A timeline of how this property has performed in the market
Last Sold
$1,065,000
17 Mar 2022
Listed for Rent
$671/w
07 Aug 2018
  • 18 May 2022
    Listed for Sale AUCTION
  • 17 Mar 2022
    Sold for $1,065,000
  • 09 Feb 2022
    Listed for Sale AUCTION
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About Oakleigh South 3167

The size of Oakleigh South is approximately 6.7 square kilometres. It has 17 parks covering nearly 30.5% of total area. The population of Oakleigh South in 2016 was 9261 people. By 2021 the population was 9851 showing a population growth of 6.4% in the area during that time. The predominant age group in Oakleigh South is 30-39 years. Households in Oakleigh South are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation.In 2021, 74.00% of the homes in Oakleigh South were owner-occupied compared with 74.90% in 2016.

Oakleigh South has 5,334 properties. Over the last 5 years, Houses in Oakleigh South have seen a 25.52% increase in median value, while Units have seen a 12.45% increase. As at 31 December 2025:

  • The median value for Houses in Oakleigh South is $1,271,311 while the median value for Units is $770,292.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 9 properties listed for sale, and 7 properties listed for rent in Oakleigh south on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Oakleigh south.

Suburb Insights for Oakleigh South 3167

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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.