US-Built Oakleigh Motel For Sale

Built in 1956 on the site of the Mulgrave Arms Hotel, and before that Cobb & Co horse stables, The Oak was designed by Americans.

Untouched externally, and heritage protected, The Oak was used during the 1956 Olympic Games as a turning point for the marathon, being exactly 20 kilometres from the Melbourne Cricket Ground.

Gross Waddell selling agent Andrew Waddell expects the 5018 sq m site to arouse interest from hotel operators, investors or developers. The site is close to Monash University and its 43 rooms could be converted into student accommodation.

Share or Recommend article

Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.