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16 Buckingham Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 60m2
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EXCELLENT BUSINESS OPPORTUNITIES IN SPRINGVALE CENTRE!!!!

Positioned on a good strip of shops right near the heart of the vibrant shopping and trading district at Springvale, this property offers great opportunities for your next business venture with the below key features:
• Glass shop front with main road exposure and signage opportunity,
• Separate access at the rear of the shop for your stock or trading deliveries,
• 60sq metres (approximate) shop floor space,
• Multiple car parking spaces which are both for free and metered.
• Walking distance to the Springvale train station and also residential properties which will allow a wide range of customer markets.
• Roller shutters at the front shop window and security door at the back entry for extra security to your stock.
• Water facility
• Area for Kitchen setup
• Lease term is flexible with incentive for start up support if you can start your lease before 30/09/2024.
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Property Details for 16 Buckingham Ave, Springvale

Building Type
Commercial
Floor Size
60m2

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About Springvale 3171

The size of Springvale is approximately 11 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2011 was 19,770 people. By 2016 the population was 21,697 showing a population growth of 9.7% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation. In 2011, 57.4% of the homes in Springvale were owner-occupied compared with 56.2% in 2016.

Springvale has 11,124 properties. Over the last 5 years, Houses in Springvale have seen a 17.89% increase in median value, while Units have seen a 19.80% increase. As at 31 October 2024:

  • The median value for Houses in Springvale is $881,830 while the median value for Units is $591,654.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 90 properties listed for sale, and 29 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Springvale.

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Mary Tran
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Raine & Horne Springvale
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