FOR SALE
$1,000,000 - 1,100,000

19/134-142 Springvale Road
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 381m2
Land area: 381m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

COMMERCIAL BUILDING IN THE HEART OF SPRINGVALE

Excellent commercial building located in the heart of Springvale, access to all facilities and major roads. This huge warehouse ideally suited to several business models such as mechanic, office & warehouse, showrooms…..ect.
Low in maintenance and boasting a combined building are of 381m2 with a wide 16m frontage and long side 23.8m, corner block. This rare opportunity within a Commercial Zone 2 offers significant add value potential, 2 allocated parking spaces, 2 reserved car park and all customer carpark surrounding to be use. Easy access to major arterials including Springvale Road, Princess hwy, Monash Freeway or Eastlink…ect
Currently the building is leased out to a Billiard and Coffee business with a rental of $38,064pa (Gst Inc), with 3 further option of 5 years. The current business has operated for more than 2 years adapting the original facility to suit the current operation including an upgrade of the toilets to provide wheelchair access. The original warehouse was fitted with ducted central heating and 8 split system AC units plus all the appropriate equipment to meet current Health and safety requirements all to be maintained by the current lease, as per lease agreement.
Please do not hesitate to contact the listing agents for more information or to arrange an inspection.
View Statement of Information

Property Details for 19/134-142 Springvale Rd, Springvale

Building Type
Commercial
Floor Size
381m2
Land Size
381m2

Commute Calculator

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.

Springvale Profile Page

Suburb Insights for Springvale 3171

Visit Springvale profile page
Market Insights
Springvale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Springvale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Springvale profile page
Contact agent
Rosy Tran
Show contact details
Call agent
Cheng Sok
Show contact details
Call agent
Raine & Horne Springvale
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED