For Sale
Shop 11&12/308-310 Springvale Road,
Springvale 3171, Victoria
$197K Income | 12-Storey Potential
Property details
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Agents
$197K Income | Springvale Activity Centre | 12-Storey Potential (STCA)
Positioned on a high-exposure stretch of Springvale Road within the Springvale Activity Centre precinct, the property benefits from strong pedestrian activity, excellent transport connectivity, and a dense surrounding residential and commercial catchment.
Under the Victorian Government's finalised planning framework, the site is located within a designated Activity Centre area supporting increased density outcomes of up to 12 storeys (STCA), reinforcing long-term land value and strategic redevelopment potential.
This is a secure income-producing investment today, with embedded future upside supported by evolving planning controls in one of Melbourne's most active metropolitan renewal corridors.
Key Investment Highlights
• Fully leased retail investment across three established tenants
• Returning approx. $197,000 p.a.
• 100% outgoings recovery
• Strong rental growth profile via annual increases
• High-exposure Springvale Road frontage
• Located within Springvale Activity Centre precinct
• Positioned for long-term redevelopment upside (up to 12 storeys STCA)
• Strong surrounding residential and commercial catchment
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
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Contact Jason Bertram
Contact Jason Bertram
Jason Bertram
Shop 11&12/308-310 Springvale Road, Springvale VIC 3171
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Jason Bertram
Shop 11&12/308-310 Springvale Road, Springvale VIC 3171