SOLD
Sold on 03 Nov 2023 for $801,000

213 Springvale Road
Springvale VIC 3171

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 227m2
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Property Details for 213 Springvale Rd, Springvale

Building Type
Commercial
Land Size
227m2
Local Government
Greater Dandenong
Lot/Plan
29/LP11144

Last Listing description (December 2023)

213 Springvale Road Springvale Vic

The Ausfortune Sales team is 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.

Three Phase Ready: The property is equipped with three-phase electrical connectivity, catering to a range of electrical requirements that businesses may have.

Enquire Today:

Should you have any inquiries or wish to explore this exceptional property opportunity further, our buyer-friendly agents are at your service. Feel free to get in touch with:

Eain Windsor: 0452 115 899
Jackey Jen: 0422 878 588
Don't miss out on the chance to secure this high-profile commercial property that promises remarkable potential for growth and success. Contact us today to learn more and take a step towards a prosperous future.

Property History for 213 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$801,000
03 Nov 2023
Listed for Rent
$7.28k/w
23 Nov 2023
  • 22 Nov 2023
    Listed for Rent - Price not available
  • 03 Nov 2023
    Sold for $801,000
  • 24 May 2023
    Listed for Sale Auction Unless Sold Prior
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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 11,013 properties. Over the last 5 years, Houses in Springvale have seen a 25.57% increase in median value, while Units have seen a 23.63% increase. As at 31 July 2024:

  • The median value for Houses in Springvale is $885,712 while the median value for Units is $577,667.
  • Houses have a median rent of $543 while Units have a median rent of $480.
There are currently 82 properties listed for sale, and 43 properties listed for rent in Springvale on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Springvale.

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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.