Oakleigh South

Project Description

The property, located approximately 20 kilometres south-east of the Melbourne central business district, is prominently located on the corner of Centre and Clarinda Roads with significant frontages to each carriageway. Established residential suburbs such as Bentleigh East and Moorabbin are nearby, as well as developing suburbs such as Clarinda. The site had one hectare of land surplus to the requirements of the Trust. The surplus land was sold in November 2003 with proceeds of $1.25 million to the Trust.

Land area

44,013 m²

The total GLA/retail area

16,949 m²

Lease Commencement Date

8/3/2002

Total Property Cost

$16,270,655

Current valuation

$21,400,000

Annual Rent

$2,061,007

Project Location

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