Great Retail Opportunity Now Available in Central Springvale
245-247 Springvale Road, Springvale VIC 3171
$520,000 - $550,000 each shop
RetailSize: n/a
Block size: 120 m² approx.
Seize this opportunity to invest in one or both of a pair of tenanted retail spaces located in the bustling heart of Springvale Central. These shops, currently occupied by long-term tenants, offer a stable investment. Positioned on the main street, they benefit from significant pedestrian traffic and are just 200 meters from Springvale Station, close to the Springvale Central Shopping Complex, various restaurants, grocery stores, and other local conveniences.
Each retail unit measures approximately 60m2, contributing to a total combined space of 120m2. Both are equipped with essential amenities including a toilet, bathroom, kitchenette, and private parking at the rear. This presents a unique opportunity in a sought-after location.
Price: $520k - $550k per property
Total Leasable Area: 120m2 (60m2 approx per property)
Annual Income: Approximately $45,000
Act quickly to secure this rare investment chance in Springvale Central.
Each retail unit measures approximately 60m2, contributing to a total combined space of 120m2. Both are equipped with essential amenities including a toilet, bathroom, kitchenette, and private parking at the rear. This presents a unique opportunity in a sought-after location.
Price: $520k - $550k per property
Total Leasable Area: 120m2 (60m2 approx per property)
Annual Income: Approximately $45,000
Act quickly to secure this rare investment chance in Springvale Central.
Inspections
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Contact Christian Gravias to learn more about this property, request an inspection or take an online tour.
Key details
Garage Spaces:
2
Property type:
Retail
Block Size:
120 m²*
Other Details
Lot:
3
Plan:
PS330544
Legal description:
3\PS330544
Maps and area information
Block information
Block size: 120m² (approx)
Legal description: 3\PS330544
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
37 years
Population
22,174
Listing ID: 182352954. This listing has been viewed 1 time. It was first displayed on 06/03/2024 and last updated on 10/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.