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Investment Highlights

  • Mixed-use development
  • Surrounding retail, medical, and commercial uses
  • Shared onsite parking

Executive Summary

24 Oleander Drive forms part of a mixed-use development incorporating ground-floor commercial tenancies with residential apartments above. The building is positioned within a major suburban commercial, retail, and medical precinct. The development is designed to support neighbourhood-scale retail, medical, and professional uses, with shared access ways, onsite parking, and direct street interface for ground-level occupiers.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Shop 4
  • 861 SF
  • Office/Retail
  • $357,650 ($415.39/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 1S\PS721311
Description
Shop 4 comprises a ground-floor commercial suite with an internal floor area of approximately 80 square metres. The unit has been used as a physiotherapy clinic for several years and was previously utilised as a sales office.

The tenancy is fitted with a reception and waiting area, three partitioned consulting rooms, an open-plan workspace, and a small internal storage area. Internal finishes include floating floorboards and reverse-cycle air conditioning.

The unit includes an internal sink, with shared bathroom facilities available within the complex. The space benefits from strong natural light and a wide corner street frontage. One designated onsite car parking space is allocated to the unit.
Sale Notes
Shop 4 / 24 Oleander Drive presents a fully fitted ground-floor commercial opportunity with strong street presence in a tightly held Mill Park commercial precinct. The existing layout supports immediate use for medical, consulting, or professional services.

Positioned directly beneath residential apartments and surrounded by large-format retail, medical operators, and national brands, the property benefits from consistent local activity and demand. The combination of functional fit-out, exposure, and zoning flexibility underpins a compelling opportunity for owner-occupiers or investors.
Unit Unit Size Condo Use Price NOI
Unit Shop 4 861 SF Office/Retail $357,650 ($415.39/SF) -

Unit Shop 4

Unit Size
861 SF
Condo Use
Office/Retail
Price
$357,650 ($415.39/SF)
NOI
-

Unit Shop 4

Unit Size 861 SF
Condo Use Office/Retail
Price $357,650 ($415.39/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 1
APN/Parcel ID 1S\PS721311
Description
Shop 4 comprises a ground-floor commercial suite with an internal floor area of approximately 80 square metres. The unit has been used as a physiotherapy clinic for several years and was previously utilised as a sales office.<br> <br> The tenancy is fitted with a reception and waiting area, three partitioned consulting rooms, an open-plan workspace, and a small internal storage area. Internal finishes include floating floorboards and reverse-cycle air conditioning.<br> <br> The unit includes an internal sink, with shared bathroom facilities available within the complex. The space benefits from strong natural light and a wide corner street frontage. One designated onsite car parking space is allocated to the unit.</li></ul>
Sale Notes
Shop 4 / 24 Oleander Drive presents a fully fitted ground-floor commercial opportunity with strong street presence in a tightly held Mill Park commercial precinct. The existing layout supports immediate use for medical, consulting, or professional services.<br> <br> Positioned directly beneath residential apartments and surrounded by large-format retail, medical operators, and national brands, the property benefits from consistent local activity and demand. The combination of functional fit-out, exposure, and zoning flexibility underpins a compelling opportunity for owner-occupiers or investors.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 74,056 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 4
Typical Floor Size 18,514 SF
Lot Size 4.44 AC

Amenities

Site Amenities

  • On-Site Retail
  • Listing ID: 40504720

  • Date on Market: 5/13/2026

  • Last Updated:

  • Address: 24-30 Oleander Dr, Mill Park, VIC 3082

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