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Sold on 11 Jul 2024 - Price Unavailable

17 Windsor Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 753m2
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Sold By
Leyton Real Estate Pty Ltd
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Property Details for 17 Windsor Ave, Springvale

Building Type
Commercial
Land Size
753m2
Local Government
Greater Dandenong
Lot/Plan
4/LP23353

Last Listing description (September 2024)

Leyton Commercial is delighted to present an exceptional investment opportunity with the upcoming auction of 17 Windsor Avenue, Springvale. Nestled in the heart of the dynamic Springvale CBD and shopping precinct, this prime location is surrounded by a plethora of amenities and local services.This high-grade medical specialist facility, established by Dr. Thuy Dinh, offers a robust investment with strong income and desirable property value appreciation, a trend that has been consistently demonstrated in the Springvale commercial market.The facility boasts a meticulously planned layout featuring three spacious consultation rooms, an open and welcoming reception area, dedicated recovery zones, and state-of-the-art theatre operating facilities. Currently, the premises are leased to Springboard Healthcare services, ensuring a steady and reliable rental income.Seize this unique opportunity to invest in a premium medical property with a proven track record of success. Join us for the auction and secure a valuable asset in one of Springvale's most vibrant locations.A fantastic result, if you are thinking of selling, please contact Tony Le 0412 133378.

Property History for 17 Windsor Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
11 Jul 2024
Listed for Rent
$200k/w
25 Oct 2023
  • 11 Jul 2024
    Sold
  • 02 Jul 2024
    Listed for Sale AUCTION
  • 25 Oct 2023
    Listed for Rent - Price not available
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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.

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