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
Sold By
Jones Real Estate
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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

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 5,186 properties. Over the last 5 years, Houses in Oakleigh South have seen a 22.79% increase in median value, while Units have seen a 16.49% increase. As at 31 October 2024:

  • The median value for Houses in Oakleigh South is $1,175,987 while the median value for Units is $730,483.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 14 properties listed for rent in Oakleigh south on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Oakleigh south.

Suburb Insights for Oakleigh South 3167

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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.