Owner Occupiers & Investors - Rare Oakleigh South Freehold

RWC (Oakleigh) is excited to offer 14 Milgate Street, Oakleigh South for sale.

This stand-alone industrial facility represents an outstanding opportunity for owner occupiers, value-add investors or strategic buyers looking to secure a tightly held freehold in the heart of Melbourne's south-east industrial precinct. Set on a generous 545m² parcel of land*, the property comprises a total building area of 494m²*, offering a highly functional layout suited to a broad range of industrial, warehousing or commercial uses (STCA).

Benefitting from excellent street frontage, the building provides direct access via roller door and features great natural light and a practical clear span interior ideal for racking or light manufacturing. The property is currently occupied by a national retailer, Sussan Corporation, on a month-to-month lease, returning a modest and below market rental of $43,723 p.a. net (approx.), presenting an opportunity to reposition the asset and realise rental uplift. Sussan have occupied the premises for 8* years.

Whether you're seeking a home for your business or an income-producing investment with potential to unlock further value, this property delivers flexibility and potential in a location that continues to experience strong demand.

Located within the established Oakleigh South industrial precinct, the property is surrounded by major occupiers and key transport infrastructure. Located just off North road and in close proximity to Huntingdale Road, and Warrigal Road, as well as Princes Highway and the Monash Freeway (M1), enabling seamless connection across Melbourne's industrial corridor.

Public transport is readily accessible, with Huntingdale Train Station just 1.2km* away and bus services along North Road within easy walking distance. The site is also close to key retail amenity including Oakleigh Central Shopping Centre and Eaton Mall (3.5km*), Clayton Road shops, Chadstone Shopping Centre (5.1km*) and Melbourne CBD is approximately 25km* to the northwest.

Key Features:

• Total building area | 494m²*
• Total land area | 545m²*
• Freestanding clear span warehouse
• Excellent street frontage
• Functional layout, roller door access
• Leased to Sussan Corporation on monthly tenancy
• Under market rent of $43,723* p.a. net
• Industrial 1 Zone (IN1Z)
• Ideal for owner occupiers or value-add investors

For further information, contact the exclusive agents:

Ryan Amler | 0401 971 622
George Ganavas | 0478 634 562

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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