3/16 Margaret Street, Oak Park, Vic 3046

Townhouse
Type
2
Bedrooms
1
Bathrooms
1
Parkings
126 m²
Area

Last updated on Saturday, July 11, 2026 ( See property details for 3/16 Margaret Street, Oak Park, Vic 3046)

$652,000

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

A modern, low-maintenance townhouse in Oak Park offering easy living, excellent amenities, and strong future growth potential.

🏡 Property Highlights

  • Single-level updated home with modern finishes
  • Located in a desirable neighbourhood surrounded by parklands
  • Zoned for reputable schools including Strathmore North Primary
  • Low-maintenance design ideal for downsizers or investors
  • Close to shops, transport, and CBD just 13km away
  • Secure garage with rear access and ample storage

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Ceiling Fans
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Internal Laundry
  • Home Office / Study Nook
  • Balcony

Oak Park offers a vibrant community with abundant parklands, excellent schools, and convenient access to shops and transport. Residents enjoy outdoor activities along Moonee Ponds Creek Trail and nearby recreational facilities. The area combines suburban tranquility with urban convenience, making it ideal for families, downsizers, and investors. Its proximity to the CBD ensures excellent connectivity and growth prospects.

What is the layout and size of the property?
The property features a single-level, open-plan layout with a total area of approximately 126 square metres, including two bedrooms, a living area, and a backyard with decking.
Are there any recent renovations or updates?
Yes, the bathroom has been recently renovated, and the property features new electrical fittings, freshly sanded and polished floorboards, and updated security features.
What amenities are nearby?
The property is close to shops, medical centres, parks, schools, and public transport options including Oak Park Train Station and bus stops, providing excellent convenience.
Is the property suitable for investment purposes?
Yes, with a potential rental income of approximately $525 to $575 per week, this property offers strong investment potential in a desirable location.
What are the zoning and planning details?
The property is zoned under the City of Merri-bek in the Neighbourhood Residential Zone, suitable for future growth and development.
Are there any upcoming or ongoing developments in the area that could affect the property's value or living environment? Has the property been inspected for any structural issues or defects, especially related to the foundation or roof? Are there any restrictions or easements on the land that could impact future renovations or extensions? What are the total ongoing costs, including strata or body corporate fees, and are there any special levies? Is the property compliant with all local building codes and regulations, particularly for the recent renovations? Are there any known issues with pests, drainage, or flooding risks in the area? What is the history of the property regarding previous repairs or insurance claims? Are there any noise or nuisance issues from nearby roads, construction, or neighbours? What are the terms and conditions of the strata or body corporate management, if applicable? Is there any planned infrastructure or zoning change that could impact the property's future value?

3/16 Margaret Street, Oak Park, Vic 3046 - More Details

$652,000

Beautifully maintained this stylish single-level unit delivers the perfect balance of low-maintenance living, modern comfort and everyday convenience in one of Oak Park's most desirable pockets. Ideal for first home buyers, downsizers or investors, this home offers effortless living with nothing left to do but unpack and enjoy.

Step inside to discover a bright and welcoming interior. Designed for easy living, the practical single-level open floorplan offers a seamless flow with a light-filled living and dining zone. Sliding doors extend the living space outdoors to a private decking area, perfect for entertaining family and friends or simply enjoying some quiet time outdoors.

Conveniently positioned within mere steps of Oak Park Reserve, the Aquatic Centre and the scenic Moonee Ponds Creek Trail. Families will appreciate the zoning for Strathmore North Primary School and Strathmore Secondary College, while walking distant to transport, easy access to CityLink, Melbourne Airport and the CBD (approximately 13km away).

THE UNDENIABLE
• Brick villa unit
• Single level updated home
• Built-in 2011 approx.
• Land size of 126m2 approx.
• Building size of 11sq approx.
• Foundation: Concrete slab

THE MOST IMPORTANT
• Kitchen with S/S Technika appliances including a Blanco dishwasher, stone benchtops, ample cupboard space, island bench, tiled splash back, finished with timber flooring
• Sizeable open-plan meals & living zone with timber flooring
• 2-Bedrooms with robes & new carpeted flooring
• 1 newly renovated bathroom with shower, bathtub, single vanity, combined toilet & tiled flooring
• Laundry with single trough
• Reverse split system heating & cooling in all main areas including master
• Additional features include a security alarm system, high ceilings, window blinds, ample storage areas, black tapware & fittings in bathroom, new electrical fittings, Crimsafe security door, freshly sanded & polished floorboards, plus more
• Established gardens with a backyard, new decking & fence, trees, garden beds & lawns
• Single remote garage with rear access, freshly tiled with ample shelving & cabinetry providing further hosting space
• Potential Rental: $525 - $575 p/w approx.
• Body Corp/Strata Insurance: $474 p/qtr approx.
• Zoned Under the City of Merri-bek - Neighbourhood Residential Zone

THE LOCAL SPOTS
• EAT & DRINK: Pizza Addiction, Francis Winifred, Bob's Deli
• SHOPS: Devon Rd, Winifred St, Pascoe Vale Rd
• MEDICAL: Oak Park Village Medical, Lifecare Oak Park
• PARKS: JP Fawkner Reserve, Moonee Pond Creek Trail
• SCHOOLS: Strathmore North PS, Oak Park PS, Penola Catholic College
• TRANSPORT: Oak Park Train Station, Winifred St Bus Stop

THE CLINCHER
• Locked into the Strathmore school zone, giving you long-term value & serious buying appeal
• A downsizer's dream with low-maintenance ease, no fuss living & everything within arm's reach

THE TERMS:
• Deposit of 10%
• Settlement of 30/45/60 days

Make your move today - C+M Residential. 'Helping You Find Home'

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*All information about the property has been provided to C+M Residential by third parties. C+M prides itself on being accurate, however, has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to this property.

Claudio Cuomo: 0419 315 396
John Nguyen: 0433 928 979
Matthew Haskian: 0431 686 495
Type
Townhouse
Bedrooms
2
Bathrooms
1
Parkings
1
Area
126 m²

Price guide

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