SOLD
Sold on 12 Jun 2024 for $4,000,000

1033-1035 Centre Road
Oakleigh South VIC 3167

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1522m2
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Property Details for 1033-1035 Centre Rd, Oakleigh South

Building Type
Commercial
Land Size
1522m2
Local Government
Monash
Lot/Plan
1/LP38090

Last Listing description (November 2023)

Stonebridge National Investment Sales and Jones Real Estate are pleased to present for sale EG Fuel Oakleigh South, a premium inner urban metro service station, a dominant and high profile fuel investment.

The key highlights of the opportunity include:


- Dominant EG Fuel Service Station located in prime metropolitan Melbourne location Oakleigh South

- Directly adjacent to Bunnings, Woolworths, and The Links Shopping Centre, providing huge volumes of traffic to the site

- Strategic 1,522 sqm* landholding with 40 m* frontage to Centre Road, nearby corner of Warrigal Road (57,000 vehicles daily along Centre Road & Warrigal Road^)

- 15-year lease with options, secured by global operator EG Group (EG Group achieved 25% revenue growth in 2022 to reach $33bn^^)

- Annual income of $261,000 PA* + GST with favourable CPI annual rental increases


EG Fuel Oakleigh South is offered for sale via Expressions of Interest closing on Thursday 30th November 2023 at 5:00pm (AEDT).

To obtain further information or to arrange inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Rorey James
0439 400 081

Kevin Tong
0422 848 818



Jones Real Estate:

Tim Spargo
0402 747 030

Luke Peric
0432 467 771



*Approximately
^Source: Vicroads
^^Source: forecourttrader.co.uk

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Property History for 1033-1035 Centre Rd, Oakleigh South, VIC 3167

A timeline of how this property has performed in the market
Last Sold
$4,000,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $4,000,000
  • 31 Oct 2023
    Listed for Sale Contact Agent
  • 27 Apr 2023
    Listed for Sale Contact Agent
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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 2011 was 9,140 people. By 2016 the population was 9,245 showing a population growth of 1.1% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation. In 2011, 76.4% of the homes in Oakleigh South were owner-occupied compared with 74.9% in 2016.

Oakleigh South has 5,202 properties. Over the last 5 years, Houses in Oakleigh South have seen a 22.50% increase in median value, while Units have seen a 18.64% increase. As at 30 November 2024:

  • The median value for Houses in Oakleigh South is $1,175,252 while the median value for Units is $737,431.
  • Houses have a median rent of $680 while Units have a median rent of $560.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Oakleigh south on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Oakleigh south.

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