53 Albert AvenueSpringvale VIC 3171
Property Details for 53 Albert Ave, Springvale
53 Albert Ave, Springvale is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 669m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Springvale in the last 12 months.
Last Listing description (September 2024)
ATTENTION DEVELOPERS & INVESTORS:
Seize this extraordinary opportunity to acquire a premium investment in one of the most coveted locations Albert -St James Avenue, Springvale.
This expansive 669m2 corner block, situated in an unrivalled location, is mere moments from Springvale Shopping Centre, Springvale Station, and key arterial roads, positioning it as an ideal candidate for a high-value development.
Property Highlights:
LAND SIZE: A substantial 669m2 corner block in a location that is both prime and highly sought-after.
EXISTING RESIDENCE: A 4-bedroom, 2-bathroom home with a double-car garage, offering the potential for rental income while development plans are underway.
UNBEATABLE LOCATION: Just 5 minutes' walk to Springvale Central, Woolworths, and all essential amenities, including Springvale Train Station, medical centres, the library, banks, post office, restaurants, cafes, and local schools.
ZONING: Residential Growth Zone-perfectly suited for multi-dwelling developments (STCA), commercial ventures, or even the establishment of a private clinic.
Nestled in the heart of vibrant Springvale Central, where the demand for housing and services is accelerating due to both local population growth and migration from across Australia and abroad, this property represents a rare and exceptional development prospect.
Now is the moment to capitalize on this unparalleled investment opportunity. Don't miss your chance to transform this prime piece of real estate into a highly profitable venture.
Contact us today to explore further details and secure your stake in this prime development opportunity!
Icons:
- 4 Beds
- 1 Baths
- 1 Toilets
- 2 Cars
- Contact Minh Le 0429 564 676
- Contact Kenny Pham 0433 373 454- Contact Minh Le at BYD Real Estate Springvale on 03 8566 1599 or after hours on 0429 564 676
Property History for 53 Albert Ave, Springvale, VIC 3171
- 21 Sep 2024Sold for $1,550,000
- 15 Aug 2024Listed for Sale Not Disclosed
- 03 Feb 2022Listed for Rent $340 / week
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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 11,099 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.
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