198 Warrigal Rd 2,949 SF Retail Building Oakleigh, VIC 3166 $590,769 ($200.31/SF)

198 Warrigal Road presents a rare freehold opportunity for an owner-occupier or astute investor seeking a high-visibility asset in a dynamic Melbourne commercial corridor. Positioned along Warrigal Road, one of Melbourne’s busiest thoroughfares, the property benefits from exceptional street exposure with more than 70,000 vehicles passing daily. Its prominent shopfront and prime signage potential enhance the ability to capture consistent customer traffic and brand visibility.
The property’s adaptable design spans approximately 125 m² and accommodates a diverse range of uses, from boutique retail to professional service offices or specialty showrooms. Features include three-phase power, multiple heating and cooling units, floating floors with polished timber beneath, and new carpet throughout. Operational convenience is enhanced by an undercover car space, electric roller door, separate laundry, and rear access. With a fully equipped kitchen, two toilets (including a shower), and NBN connectivity, the asset is ready to occupy immediately.
Nestled in a thriving retail and service precinct, the property shares its trade area with well-known anchors such as Chemist Warehouse and Dan Murphy’s, ensuring steady consumer activity. Oakleigh’s established commercial vibrancy and strong local amenities underscore the long-term value of this offering.