44, 23-25 Bunney Road, Oakleigh South, VIC 3167


Sold $750,000

  • Property ID: 335264
  • Floor Area: 385m²
  • NBN Availability: Build Commenced
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 385m2 N/A Contact Agent
Out In Front Investment Opportunity!

Well presented commercial investment property located at 44/23-25 Bunney Road, Oakleigh South is now for available for sale. Prominently positioned at the entrance to a tightly held business estate this modern single level office/showroom/warehouse features an extensive fit out and benefits from great natural light.

The property has been leased to long standing tenant Barker and Barker Media, for over 15 years and they operate a graphic design, digital and commercial printing business. Barker Media have just signed a new two (2) year + two (2) years lease from 19th April 2019 at a commencing rental of $41,309.36 per annum plus GST.
For further information in relation to the tenant refer to their website www.bbm.barkermedia.com.au

Conveniently located near major roads such as Warrigal Road, Centre Road, Clarinda Road, Clayton Road and South Road, as well as 8.6km* from the Monash Freeway and 7km* from Nepean Highway. Additionally, the area is serviced by plentiful buses running along Bunney Road, Clayton Road, Centre Road and South Road, with Clayton Station just 3km* away. Well know surrounding businesses include Bunnings, Samsung, Reece Plumbing and Coles, while other attractions such as Huntingdale Golf Course, South Oakleigh College, Oakleigh South Primary School, Olympic Ice Skating Centre and Sidetracked illustrate the popularity of the area.

Key features of the property include:
- 385m2* of building area
- New Two (2) year + Two (2) year lease from 19th April 2019
- Rental $41,309.36 per annum plus GST
- Industrial 1 Zoning (IN1Z)
- Great access to a strong location
- Long standing tenant 15 years plus
- 7 on site car parking spaces

Pricing excludes GST.

Additional Information
  • Lease Term: Two (2) + Two (2) Years
  • Rent Review: Annual 3% increases, market value at option
  • Car Spaces: 7 car parking spaces
Oakleigh South Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $222 ---
Industrial --- $1000 ---
Offices --- $213 ---
This is the average advertised price, rent and yield for Oakleigh South, VIC 3167*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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