303 Huntingdale RoadOakleigh VIC 3166
Property Details for 303 Huntingdale Rd, Oakleigh
Last Listing description (May 2019)
Thomas Wong Real Estate is delighted to offer for sale by Private Treaty this fantastic retail investment property located in the heart of Huntingdale's retail shopping district and next to IGA X-press.The current tenant has recently signed a brand new lease with further options. The property itself has been trading as Shoe repairs and clothing dry cleaning and alterations which is sure to comfort any investor looking to add this blue-chip investment to their commercial property portfolio. Total building area 90m2 approx.. Total land area 231m2 approx.. Rental return $21,500 per annum + GST + Outgoings Brand new two (2) year lease commencing 1st January 2019 One (1) further option of two (2) years Future development potential (STCA) Commercial 1 Zoning (C1Z)Thomas Wong 0411 471 898
Property History for 303 Huntingdale Rd, Oakleigh, VIC 3166
- 12 Jul 2024Sold for $900,000
- 05 Feb 2019Listed for Sale Not Disclosed
- 16 Feb 2018Transferred
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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 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% 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 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.
Oakleigh has 5,454 properties. Over the last 5 years, Houses in Oakleigh have seen a 14.57% increase in median value, while Units have seen a -1.09% decrease. As at 31 October 2024:
- The median value for Houses in Oakleigh is $1,284,232 while the median value for Units is $600,636.
- Houses have a median rent of $650 while Units have a median rent of $580.
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