Ray White Commercial and Colliers are excited to present 346 Warrigal Road, Oakleigh South, for Private Sale.
This architecturally designed, high-profile building offers a secure medical investment opportunity in the heart of Oakleigh South's thriving commercial hub. It boasts exceptional visibility and strategic proximity to major retailers, including Bunnings, Woolworths, Chemist Warehouse, and Australia Post. Capitalise on the area's well-established reputation as a prime retail destination to significantly enhance your business's presence.
Adding to its considerable appeal, the property includes a securely leased digital billboard, generating passive income until April 2026, with a confirmed 5-year option. This makes it a rare opportunity to acquire a high-exposure commercial asset with diversified income streams.
Key Highlights:
• Generous 599m² Commercial 2 Zoned (C2Z) site with a 15m road frontage.*
• Architecturally designed commercial building spanning 276m²*
• New Lease Commenced June 30, 2025, with an Allied Health and Podiatry tenant.
o Year 1: $47,000 pa net
o Year 2: $50,000 pa net
o 3% increases thereafter
o Term: 3 years + 2 further options of 3 years.
• Digital signage lease returning $16,391 per annum + GST* (as at April 2025).
• Current Passing Rent $63,391 pa
• High-traffic location with over 170,000 vehicles passing daily (VicRoads data).
• Prime positioning adjacent to The Links Shopping Centre and numerous national retailers.
• Excellent accessibility just 16km from Melbourne CBD, with easy links via Warrigal & Centre Roads and the Monash Freeway (M1).
• Secure on-site parking with 10 covered car spaces.
For further information or to arrange an inspection, please contact Ray White Commercial and Colliers as the exclusive selling agents:
Ray White Commercial:
Ryan Trickey | 0400 380 438
Will Jonas | 0422 883 011
Colliers:
Eddie Foulkes | 0405 890 960
Lucas Soccio | 0421 428 990
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Important Note: All areas and figures are approximate only, and all boundaries are indicative only. While all precautions have been taken to establish the accuracy of all information, they do not constitute any representation by the Vendor or Agents.
Property Alterations: Please be aware that the subject property has undergone some aesthetic paint and non-structural wall alterations. As such, there may be differences from the photos previously provided in this listing, including but not limited to: paint colour, flooring, some fittings and fixtures, and modifications to the wash/toilet area walls. To ensure clarity and avoid disappointment, all prospective purchasers are strongly advised to conduct a site inspection or request updated photos. Please contact the undersigned for more information.