Crabtrees Real Estate are pleased to offer 2 King Street, Oakleigh for Sale via Public Auction on Friday 2nd May at 1pm.
Situated in the tightly held and sought after Oakleigh industrial precinct, this versatile factory/ warehouse of 800 sqm* sits on its own title of 931 sqm* and will suit both owner occupiers and astute investors.
Opportunity to acquire buildings of this size very rarely come to market in the Oakleigh Industrial precinct.
EXCLUSIVE MARKETING AGENTS
CHRIS MCKENZIE Partner
0418 321 065 chris@crabtrees.com.au
PANA KRITIKOS
Associate Director - Sales & Leasing
0418 358 700 pana@crabtrees.com.au
Executive Summary
PROPERTY ADDRESS 2 King Street, Oakleigh VIC 3166
METHOD OF SALE
PROPERTY OVERVIEW
BUILDING AREA
LAND AREA
LAND & TITLE PARTICULARS
ZONING
TENANT
TERMS OF SALE
Public Auction
Versatile factory/warehouse is on its own title ideal for both owner occupiers and astute investors.
Lot 20 on Plan of Subdivision 006770. Volume 04232 Folio 360
The Title and site plan is included in Appendix 1
The land is zoned Industrial 1 under the City of Monash Planning Scheme allowing for a broad range of potential uses.
Vacant Possession
10% deposit payable with full settlement payable either 30, 60 or 90 days.
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
Property Overview
RARE FREEHOLD IN CENTRAL OAKLEIGH
Situated in the tightly held and sought after Oakleigh industrial precinct, this versatile factory/warehouse of 800 sqm* is on its own title of 931 sqm* and will suit both owner occupiers and astute investors.
Opportunity to acquire buildings of this size very rarely come to market in the Oakleigh industrial precinct.
KEY FEATURES:
• Total building area of 800 sqm*
• Total land area of 931 sqm*
• Functional warehouse of 777 sqm*
• Office of 23 sqm*
• Great loading / parking area
• (2) two roller doors
• Three (3) phase power
• Solar power
Located only minutes to both the Huntingdale and Oakleigh Shopping Precincts, train stations and bus interchanges, 2 King Street provides great accessibility. Oakleigh continues to present as an A-grade location with amenity and major road arterials at your doorstep.
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
Comparable Sales
39
Sale Date | December 2024
Sale Price | $3,450,000
Building Area | 780m2
Building Price per m2 | $4,423
Land Area | 1,009m2
31 CONNELL ROAD, OAKLEIGH
Sale Date | August 2024
Sale Price | $2,200,000
Building Area | 450m2
Building Price per m2 | $4,888
Land Area | 650m2
Notes: Sold via Private Sale to Owner Occupier.
Sale Date | October 2023
Sale Price | $1,920,000
Building Area | 445m2
Building Price per m2 | $4,314
Land Area | 522m2
Notes: Sold at Public Auction to an Owner Occupier.
*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.
& 41 JOHN STREET, OAKLEIGH
42 REGENT STREET, OAKLEIGH
Property Images
Location
The subject property is located in Oakleigh one of South Eastern Metropolitan Melbourne’s most recognisable commercial locations.
Located in King Street and within close proximity to major arterials including Atherton Road, Warrigal Road, Princes Highway, Huntingdale Road, North Road and Monash Freeway.
Oakleigh’s Eaton Mall & Centro Shopping Centre are located nearby the subject property, a bustling retail, dining and entertainment hub. Neighbouring tenants include Vanilla Lounge, Niko’s Quality Cakes, Mythos Gyros Bar, Westpac, Commonwealth Bank, Woolworths and Australia Post.
Oakleigh has been through an amazing transformation over the last 20-30 years and this has been reflected in property prices which have soared to record highs as Oakleigh has become one of the highest held property markets in the South East.
2 King Street is ideally positioned close to several education facilities including Oakleigh Grammar, Sacred Heart College, Oakleigh Primary and Monash University.
Situated nearby is Chadstone Shopping Centre
“The Fashion Capital” which is Australia’s largest shopping centre and a world-renowned fashion and entertainment hub for local and international visitors. An all-encompassing retail experience, Chadstone features over 550 stores, designer boutiques and over 30 luxury brands.
Zoning
The subject property is zoned Industrial Zone 1 under the City of Monash Planning Scheme, according to the most recent Victorian zoning information available allowing for a broad range of uses.
Method of Sale Auction
2 King Street, Oakleigh is being offered for sale via Public Auction on Friday 2nd May at 1pm.
To arrange a private inspection please contact the exclusive selling agents.
Terms of Sale
The property is offered for sale on the basis of: DEPOSIT:
10% of the agreed purchase price payable upon signing the Contract of Sale. SETTLEMENT:
The Vendor will require full settlement of the sale upon 30, 60 or 90 days from date of Exchange of Contracts.
Exclusive Marketing Agents
0418 321 065 chris@crabtrees.com.au
Annexure 1
Title & Plan of Subdivision
Copyright State of Victoria. No part of this publication may be reproduced except as permitted by the Copyright Act 1968 (Cth), to comply with a statutory requirement or pursuant to a written agreement. The information is only valid at the time and in the form obtained from the LANDATA REGD TM System. None of the State of Victoria, its agents or contractors, accepts responsibility for any subsequent publication or reproduction of the information.
The Victorian Government acknowledges the Traditional Owners of Victoria and pays respects to their ongoing connection to their Country, History and Culture. The Victorian Government extends this respect to their Elders, past, present and emerging.
REGISTER SEARCH STATEMENT (Title Search) Transfer of Land Act 1958
VOLUME 04232 FOLIO 360
LAND DESCRIPTION
Lot 20 on Plan of Subdivision 006770.
PARENT TITLE Volume 02191 Folio 026 Created by instrument C323660 29/09/1965
REGISTERED PROPRIETOR
Estate Fee Simple TENANTS IN COMMON
As to 1 of a total of 2 equal undivided shares
Sole Proprietor
Security no : 124121631634F
Produced 31/01/2025 10:48 AM
LISE' JANE LUMB of 59 MACGREGOR STREET MALVERN EAST VIC 3145
As to 1 of a total of 2 equal undivided shares
Sole Proprietor
SIMON DAVID ANDERSON of 31 WOORNACK ROAD CARNEGIE VIC 3163 AX977402G 08/05/2024
ENCUMBRANCES, CAVEATS AND NOTICES
MORTGAGE AH029444T 10/02/2010
SARL GROUP PTY LTD
Any encumbrances created by Section 98 Transfer of Land Act 1958 or Section 24 Subdivision Act 1988 and any other encumbrances shown or entered on the plan or imaged folio set out under DIAGRAM LOCATION below.
DIAGRAM LOCATION
SEE LP006770 FOR FURTHER DETAILS AND BOUNDARIES
ACTIVITY IN THE LAST 125 DAYS
NIL
OF REGISTER SEARCH STATEMENT------------------------
Additional information: (not part of the Register Search Statement)
