For Sale

30 Atherton Road, Oakleigh, Vic 3166-Image

30 Atherton Road, Oakleigh, Vic 3166

FOR SALE $1,500,000

Other

Type

Bedrooms

Bathrooms

Published on Tuesday, August 11, 2026 ( See property details for 30 Atherton Road, Oakleigh, Vic 3166)

FOR SALE $1,500,000

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Courtney Matthews - Real Estate Agent - Ray White - Mount Waverley

Courtney Matthews Managing Director

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Jacob Biviano - Real Estate Agent - Ray White - Mount Waverley

Jacob Biviano Area Manager | Licensed Estate Agent

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile commercial investment property in the heart of Oakleigh, offering long-term income, residential accommodation, and development potential.

🏡 Property Highlights

Prime location just seconds from Eaton Mall in Oakleigh
Long-standing tenant with a 5-year lease expiring in 2030 and a 5-year option
Net annual income of approximately $65,350 with 4% fixed annual increases
Potential for development up to 4 levels under Commercial 1 zoning
Versatile property combining commercial tenancy with residential upstairs
Approximately 165 sqm land with a substantial 200 sqm building area

✨ Key Features

Commercial tenancy
Residential dwelling upstairs
Long-term lease
Fixed annual rental increases
Potential development of 4 levels
Prime retail location
Secure investment opportunity
High exposure to Eaton Mall
Mixed-use property
Premium Oakleigh position

Suburb and Property Insights of Oakleigh, VIC 3166

Oakleigh is a vibrant suburb renowned for its bustling Eaton Mall precinct, diverse dining options, excellent transport links, and strong community atmosphere. It offers a dynamic retail environment, high walkability, and significant development opportunities, making it an ideal location for investors seeking growth and lifestyle benefits.

Frequently Asked Questions

What are the future development possibilities for this property?

The property is zoned Commercial 1 with potential for development up to 4 levels, subject to council approval and planning regulations.

Is the residential upstairs suitable for long-term living or short-term rentals?

The residential dwelling offers versatile use, suitable for long-term living or short-term rental options, depending on your investment strategy.

What are the current lease terms and rental income details?

The property is leased to Just Rentals on a 5-year lease expiring in February 2030, with fixed annual rental increases of 4%, generating approximately $65,350 net income annually.

Are there any upcoming zoning or planning changes in Oakleigh that could affect this property?

Current zoning is Commercial 1, with potential for development; any future planning changes should be confirmed with local council.

What are the key amenities and transport options nearby?

The property benefits from close proximity to Oakleigh's retail precinct, dining options, and excellent transport links including train and bus services.

What to ask about this property to agent?

Are there any additional costs or strata fees associated with the property? Has the property been inspected for structural or zoning compliance issues? Are there any easements, covenants, or planning restrictions affecting development potential? What is the history of the property's land and building condition? Are there any planned infrastructure or development projects nearby that could impact the property? Is the property flood or bushfire prone, and what risk mitigation measures are in place? Are there any existing or pending planning permits or approvals for development? What are the terms and conditions of the current lease, and are there any rent review clauses? Are there any known environmental or contamination issues on the site? What are the council rates, land tax, and other ongoing costs associated with the property?

30 Atherton Road, Oakleigh, Vic 3166 - More Details

FOR SALE $1,500,000

An outstanding opportunity to secure a tightly held commercial investment in one of Oakleigh's most prominent and sought-after locations, just seconds from the vibrant Eaton Mall precinct.

Set on approximately 165 sqm* of land with a substantial 200 sqm* building area, this versatile property combines a secure commercial tenancy with the added benefit of a residential dwelling upstairs, creating a compelling investment proposition with multiple income and future-use advantages.

The property is leased to long-standing tenant Just Rentals on a current 5-year lease expiring 28 February 2030*, together with a further 5-year option, providing investors with valuable income security and long-term tenure.

Currently returning a net annual income of approximately $65,350* (after land tax), the property also benefits from fixed annual increases of 4%, providing built-in rental growth and enhancing the investment's long-term income profile.

As a Commercial 1 zoned landholding with potential development of 4 levels*, the property offers excellent flexibility and occupies a premium position within the heart of Oakleigh. With Eaton Mall just moments away, the property benefits from exceptional exposure, accessibility and proximity to Oakleigh's renowned retail, dining and transport amenities.

The additional residential dwelling upstairs further enhances the property's appeal, offering a rare combination of commercial income and residential accommodation within the one holding.

With a strong existing tenancy, attractive annual rental increases, valuable residential accommodation and a premium Oakleigh position, 30 Atherton Road represents a rare opportunity to secure a quality commercial investment with genuine long-term potential.

*Approximate figures.

In conjunction with Mark Watkins from Belle Property Mount Waverley - 0411 396 264

Type: Other
Bedrooms: 2
Bathrooms: 3

Price guide

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30 Atherton Road, Oakleigh, Vic 3166

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