FOR RENT
$6000 per Month, plus GST & out goings

289 Springvale Road
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 168m2
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Prime location on Springvale Rd this shop offers plenty of space to set up your business with a large front floor space and additional rooms at the rear. The Springvale Road underpass is just out front and your just a few minutes' walk from the Springvale Railway Station, resulting in a good volume of passing foot traffic.
Currently partitioned into two shops by a dividing wall each shop has its own entrance door to Springvale Rd, staff facilities and a door to the rear car park that provides a total of 6 private parking spaces. Suitable for many business operations the shop has been approved to be operated as restaurant, contact Theresa today for more information
Lease: $6000pcm plus outgoings
Approved license to operate a restaurant.
Call us on 03 9547 7222 to arrange an inspection.

Property Details for 289 Springvale Rd, Springvale

Building Type
Commercial
Land Size
168m2

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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 11,190 properties. Over the last 5 years, Houses in Springvale have seen a 12.84% increase in median value, while Units have seen a 15.02% increase. As at 30 November 2024:

  • The median value for Houses in Springvale is $874,309 while the median value for Units is $595,896.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 85 properties listed for sale, and 32 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in Springvale.

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Theresa Huynh
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Sissi Nguyen
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CENTURY 21 Theresa Huynh
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