Springvale 1-2/817 Princes Highway
Sold
$1,030,000
Quick Loan Calculator
Fantastic Units in Great Location!
Share This Property
Ideally located in this fantastic established residential and retail area of Springvale which is approx 25km south-east of central Melbourne, within a couple minutes to local shopping centre and close to buses, local schools and Monash University, sits this amazing real estate opportunity. One title, comprising of two 2-bedroom units. This classic property is sitting on a gold mine! With a huge land size of 769sqm (approx) in a blue-chip pocket of Springvale, this is ideal for developers looking to build multiple dwellings or an investor looking to land bank for the future.
Each dwelling comprises 2 bedrooms and 1 bathroom; a practical layout with open plan living, dining and kitchen. This huge block of land offers the new owner with 2 existing units with high rent income.
Unit 1 features:
Spacious loungeKitchenMeals area2 large bedrooms with built-in robesCentral bathroomLaundry facilitiesSunroomPrivate backyardExpected rental income: $350 per week
Unit 2 features:
Spacious loungeKitchenMeals area2 large bedroomsCentral bathroomLaundry facilitiesPrivate backyardDouble garageExpected rental income: $330 per week
This is a rare chance to secure a rewarding long-term investment, as well as securing a block with abundance in potential!
Property Information
- Land area approx 769sqm
Property Features
- Car Spaces 2
- Travis BockmanPartner - Sales Consultant & Accredited Auctioneer
- Kris GajdobranskiPartner - Sales Manager & Senior Sales Consultant
Local Information Springvale
Education
Nearest Government Schools
- Springvale Rise Primary School
- Wellington Secondary College
- Albany Rise Primary School
- Springvale Park Special Developmental School
- Westall Secondary College
- Westall Primary School
Nearest Private Schools
- St John Vianney's School
- Minaret College
- Fitra Community School
- St Joseph's School
- Mazenod College
- Killester College
Local Amenities
Parks
- Freeway Reserve
- Leon Trembath Reserve
- William Robert Lees Park
- Lum Reserve
Services
- Springvale Police Station
- Clayton Police Station
Community Facility
- Paddy O'Donoghue Community Centre
Sport and Recreation
- Pat Wright Senior Oval