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42-48 Oleander Dr 1,528 SF Retail Condo Unit Offered at $518,593 in Mill Park, VIC 3082
Investment Highlights
- Modern mixed-use development
- Secure basement parking
- Ground-floor commercial tenancies
Executive Summary
44 Oleander Drive forms part of the Mason Point mixed-use development, comprising ground-level commercial tenancies with residential apartments above. The building is designed to integrate neighbourhood-scale retail and professional services within a residential environment. The development includes secure basement car parking, shared access areas, and common building services supporting both commercial and residential occupants. The building is positioned within an established activity centre environment and is configured to support a range of commercial uses at street level.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 312E\PS703354 |
| No. Parking Spaces | 3 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 312E\PS703354 |
Description
G4 comprises a ground-floor commercial tenancy with an internal floor area of approximately 142 square metres. The tenancy is provided in an open-plan configuration with a regular shape suitable for retail, showroom, office, or medical use.
The space includes base building services and fit-out elements, including lighting, flooring, and reverse-cycle air-conditioning. Service connections are provided for water, gas, and sewer, with grease trap infrastructure located below the slab, allowing for food-related uses where required.
The tenancy benefits from a wide street frontage of approximately 13.8 metres, providing strong exposure and accessibility. Three onsite car parking spaces are allocated to the suite.
The space includes base building services and fit-out elements, including lighting, flooring, and reverse-cycle air-conditioning. Service connections are provided for water, gas, and sewer, with grease trap infrastructure located below the slab, allowing for food-related uses where required.
The tenancy benefits from a wide street frontage of approximately 13.8 metres, providing strong exposure and accessibility. Three onsite car parking spaces are allocated to the suite.
Sale Notes
G4 at 44 Oleander Drive presents a large-format ground-floor commercial opportunity offering scale, visibility, and flexibility within a modern mixed-use development. The wide frontage and regular internal layout allow the space to accommodate a broad range of retail, medical, showroom, or professional applications.
Positioned within a growing residential catchment and supported by surrounding amenity, the tenancy benefits from built-in local demand driven by the Mason Point apartments and neighbouring commercial activity. Ground-floor suites of this size and configuration are limited within Mill Park, supporting long-term appeal.
Positioned within a growing residential catchment and supported by surrounding amenity, the tenancy benefits from built-in local demand driven by the Mason Point apartments and neighbouring commercial activity. Ground-floor suites of this size and configuration are limited within Mill Park, supporting long-term appeal.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit G4 | 1,528 SF | Retail | $518,593 ($339.39/SF) | - |
Unit G4
| Unit Size |
| 1,528 SF |
| Condo Use |
| Retail |
| Price |
| $518,593 ($339.39/SF) |
| NOI |
| - |
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Unit G4
| Unit Size | 1,528 SF |
| Condo Use | Retail |
| Price | $518,593 ($339.39/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| APN/Parcel ID | 312E\PS703354 |
| Description | |
| G4 comprises a ground-floor commercial tenancy with an internal floor area of approximately 142 square metres. The tenancy is provided in an open-plan configuration with a regular shape suitable for retail, showroom, office, or medical use.<br> <br> The space includes base building services and fit-out elements, including lighting, flooring, and reverse-cycle air-conditioning. Service connections are provided for water, gas, and sewer, with grease trap infrastructure located below the slab, allowing for food-related uses where required.<br> <br> The tenancy benefits from a wide street frontage of approximately 13.8 metres, providing strong exposure and accessibility. Three onsite car parking spaces are allocated to the suite.</li></ul> | |
| Sale Notes | |
| G4 at 44 Oleander Drive presents a large-format ground-floor commercial opportunity offering scale, visibility, and flexibility within a modern mixed-use development. The wide frontage and regular internal layout allow the space to accommodate a broad range of retail, medical, showroom, or professional applications.<br> <br> Positioned within a growing residential catchment and supported by surrounding amenity, the tenancy benefits from built-in local demand driven by the Mason Point apartments and neighbouring commercial activity. Ground-floor suites of this size and configuration are limited within Mill Park, supporting long-term appeal.</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 | 84,368 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 21,092 SF |
| Property Subtype | Apartment | Tenancy | Single |
| Building Class | B | Lot Size | 1.04 AC |
| Total Building Size | 84,368 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 21,092 SF |
| Tenancy | Single |
| Lot Size | 1.04 AC |
Amenities
Site Amenities
- On-Site Retail
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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42-48 Oleander Dr
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