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213 Springvale Road
Springvale South VIC 3172

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Central Springvale Hub location

Asking $45,000 per annum by tenant's options and terms
213 Springvale Road Springvale Vic
The Ausfortune excited to present an exclusive and remarkable commercial premise that boasts unparalleled potential for development, investment, and owner occupation. Situated in the central hub of Springvale and nestled within Commercial Zone 1, this property encompasses a generous 227sqm block of land. Its prime location guarantees significant main road exposure, ensuring a prosperous future for your business or your tenant's enterprise.
Key Highlights of this Outstanding Opportunity:
Diverse Commercial Possibilities: This property falls under Commercial Zone 1, opening up a world of possibilities for various commercial uses and endeavors.
Independent Ownership: The property comes with a single title, eliminating the need for a body corporate and providing you with complete ownership autonomy.
Prime Springvale Location: Positioned at the heart of Springvale town center, the property enjoys a premium location that is both convenient and highly accessible.
Versatile Warehouses: The high clearance warehouses on the premises are designed with versatility in mind. They offer the potential to incorporate optional offices and mezzanine levels, allowing for customization according to your business needs.
On-Site Rear Car Parking: The property includes dedicated rear car parking, a valuable feature that enhances accessibility for you, your tenants, and their customers.
Abundant Natural Light: Multiple skylights installed on the ceiling provide ample natural sunlight, creating a bright and welcoming environment within the premises.
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Property Details for 213 Springvale Rd, Springvale South

Building Type
Commercial

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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2011 was 12,183 people. By 2016 the population was 12,771 showing a population growth of 4.8% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation. In 2011, 71.5% of the homes in Springvale South were owner-occupied compared with 71.1% in 2016.

Springvale South has 4,630 properties. Over the last 5 years, Houses in Springvale South have seen a 24.95% increase in median value, while Units have seen a 12.71% increase. As at 31 August 2024:

  • The median value for Houses in Springvale South is $825,262 while the median value for Units is $537,637.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 16 properties listed for sale, and 12 properties listed for rent in Springvale south on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in Springvale south.

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