Springvale 51 Union Grove
Sold
Quick Loan Calculator
Solid Investment
Share This Property
Springvale's rapid development over the past few years has given rise to a great number of opportunities both in residential growth and new businesses. On offer is a location close to central Springvale which is ideal for business or residential accommodation and an outstanding opportunity buyer/investor.
This former family home is currently leased as a medical office, (permit for one Doctor) and arranged with waiting room, receptionists' office a consulting room and a files room, kitchenette and toilet.
Currently leased to a medical professional, the block size of 555 M2 includes parking for 8 vehicles and 2 crossings.
A regular monthly return the future owner has a steady income while planning how to repurpose the building or the block (STCA).
Located close Woolworths and other shops nearby bringing plenty of foot traffic to the area.
Rental return $ 2186.45 per month no GST
Lease until 13June 2024
Rates:$ 1860 per year
SEW: $ 1100 /year
INSURANCE : $ 2800/ per year
Local Information Springvale
Education
Nearest Government Schools
- Springvale Park Special Developmental School
- Heatherhill Primary School
- Spring Parks Primary School
- Keysborough Secondary College
- Springvale Rise Primary School
- Athol Road Primary School
Nearest Private Schools
- St Joseph's School
- Killester College
- Fitra Community School
- Hoa Nghiem Primary School
- Minaret College
- St John Vianney's School
Local Amenities
Services
- Springvale Police Station
- Clayton Police Station
Parks
- Ross Reserve
- Burden Park
- William Robert Lees Park
- Leon Trembath Reserve
Community Facility
- Paddy O'Donoghue Community Centre
Sport and Recreation
- Pat Wright Senior Oval