Springvale 1-2/817 Princes Highway

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$1,030,000

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Fantastic Units in Great Location!

4 2 2

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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
Century 21 Wilson Pride Wilson Pride
35 Douglas Street
Noble Park VIC 3174


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