SOLD
Sold on 04 Apr 2024 for $570,000

8/8A Railway Avenue
Oakleigh VIC 3166

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 80m2
Land area: 95m2
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Property Details for 8/8a Railway Ave, Oakleigh

Building Type
Commercial
Floor Size
80m2
Land Size
95m2
Local Government
Monash
Lot/Plan
19/PS700713

Last Listing description (March 2023)

Crabtrees Real Estate are pleased to offer for Sale Unit 8/8A Railway Avenue, Oakleigh, via Deadline Private Sale closing Wednesday 8th March at 4pm.

++ 80 sqm warehouse + 40 sqm 'additional' steel mezzanine floor ++

In a market deprived from Industrial assets in A-Grade locations, this ideal warehouse strikes outstanding 7.5 metre clearance and will suit a range of businesses.

With its close proximity to Oakleigh and Huntingdale Railway Stations and Shopping Centres and its accessibility to major arterials including the Monash Freeway, Princes Highway, Wellington Road and North Road, this property ticks all the boxes.

Property Features:
+ 80sqm Warehouse
+ Additional 40 sqm steel mezzanine
+ Container high roller door
+ Generous ceiling height of 7.5 metres
+ 1 on-site car park
+ Securely gated
+ A-Grade location

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

Property History for 8/8a Railway Ave, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$570,000
04 Apr 2024
  • 04 Apr 2024
    Sold for $570,000
  • 10 Mar 2023
    Sold for $520,000
  • 08 Feb 2023
    Listed for Sale UNDER OFFER
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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 5,447 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.
There are currently 15 properties listed for sale, and 15 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Oakleigh.

Suburb Insights for Oakleigh 3166

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.