This is a brilliant opportunity to secure a strategic development site with a potential re-zoning looming (https://www.monash.vic.gov.au/files/assets/public/about-us/council/council-meetings/2019-26-february/1.1-attachment1-council-meeting-26-february-2019.pdf) which would re-zone this property from Industrial 1 to Mixed Use.
The property could also be developed immediately (STCA) in accordance with the current zoning provisions however, we believe that Mixed Use zoning would provide you with more options.
The property is currently improved with older style buildings which could provide short term accommodation for an owner occupier or income for an investor or developer.
72-76 Atkinson Street, Oakleigh is located just off Dandenong Road and within walking distance of the Oakleigh Shopping Centre and Train Station. It is also located within walking distance or a very short drive of the Chadstone Shopping Centre.