SOLD
Sold on 11 Jul 2024 for $720,000

16C Ebony Close
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 31m2
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Property Details for 16c Ebony Cl, Springvale

Building Type
Commercial
Land Size
31m2
Local Government
Greater Dandenong
Lot/Plan
75/PS823687

Last Listing description (July 2024)

Developed and Built by Ledlin - Offering the new benchmark for design & quality, this high-tech studio-office is designed to be strikingly beautiful, with ultimate functionality in mind.

Set within the super impressive Springvale Business Park lies a fantastic leased investment opportunity that brings a new level of luxury to the suburbs. Already bustling with some of Melbourne's most successful small businesses - the sense of community, intelligent design and impeccable finishes make Springvale Business Park second to none. Nestled between established residential, commercial & industrial precincts with easy access to major arterial roads, highways, transport, and retail options.

Total building area | 134m2*

Exclusive Courtyard on-title | 31m2*
Brand New 3 + 3 + 3 Year Lease
Current Rental | $40,500 p/a net*
Fixed 4% annual increases
Four (4) car spaces on-title
Solar system (individually metered)
Depreciation Benefits
Extensive Glass Corner Facade
Polished concrete floors
3.4m* internal clearance
High quality bathroom, shower & kitchen amenities
Electric curtains, Ducted Heating & Cooling, Keyless Entry
10% Deposit | Settlement 30 / 60 days

Theo Karkanis | 0431 391 035

The Tenant?

Conscious Breath Co stands as a beacon of healing and transformation nestled within Springvale Business Park. As pioneers in the realm of breathwork, they offer a unique and transformative experience known as 9D Breathwork. This revolutionary approach combines the power of conscious breathing, hypnotic techniques, and a symphony of vibrations and sounds, guiding participants through a journey of profound self-discovery and emotional release.

In the relatively short span of just over 12 months, Conscious Breath Co has swiftly ascended to the summit of Melbourne's wellness scene. Their studio, once a hidden gem, now hums with activity, consistently booked to capacity as individuals seek solace and renewal within its walls. The demand for their services is a testament to their unwavering commitment to holistic healing and unparalleled expertise in the field.

Beyond their acclaimed 9D Breathwork sessions, Conscious Breath Co extends their offerings to encompass a diverse array of wellness modalities. From guided meditation sessions that cultivate inner peace to personalized 1-on-1 consulting tailored to individual needs, their holistic approach addresses the multifaceted nature of human well-being.

Instagram Name: Conscious Breath Co

*All areas and figures approximates only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 16c Ebony Cl, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$720,000
11 Jul 2024
Listed for Rent
$43k/w
21 Sep 2023
  • 11 Jul 2024
    Sold for $720,000
  • 04 Jul 2024
    Listed for Sale Contact Agent
  • 28 Apr 2023
    Listed for Rent $42,900 / year
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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 11,097 properties. Over the last 5 years, Houses in Springvale have seen a 21.81% increase in median value, while Units have seen a 23.13% increase. As at 31 August 2024:

  • The median value for Houses in Springvale is $873,867 while the median value for Units is $595,941.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 78 properties listed for sale, and 43 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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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.