FOR SALE
UNDER OFFER

1, 3 & 5 Kintore Street
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1758m2
Land area: 1758m2
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UNDER OFFER

· Located in Springvale Activity Centre
· Rare Permitted Springvale Site for 6-level Building
· Triple Titles for Flexibility
· Commercial 1 Zoning
Ray White Commercial Glen Waverley is excited to introduce this exclusive permit-approved landholding at 1, 3 & 5 Kintore Street, Springvale.
Site Highlights:
- Unrivalled 1,758 sqm* landholding located ideally within the Springvale Activity Centre, providing convenient access to Springvale's best local amenities, including the Springvale Road retail strip (150 m*), which is comprised of numerous banks, cafés, restaurants, the Springvale Shopping Centre (300 m*) and Golden Plaza Shopping Centre (300 m*).
- Planning approval and endorsed plans for a striking 6-story building (plus 2 basement levels).
- Permit for developing 54 luxurious apartments and 4 shops in a prime location.
- Commercial 1 Zoning allows multiple development outcomes, including residential, commercial, industrial, accommodation, childcare, or education (STCA)
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Property Details for 1, 3 & 5 Kintore St, Springvale, VIC 3171

Building Type
Commercial
Floor Size
1758m2
Land Size
1758m2

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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 11,125 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 93 properties listed for sale, and 28 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Will Jonas
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Danny Zhang
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RWC Glen Waverley
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.