278 Springvale Road, Springvale, VIC 3171

Retail

For Sale Contact the Stonebridge Team

  • Property ID: 442276
  • Floor Area: 353m²
  • Land Area: 487m²
  • Occupancy: Vacant
Springvale CBD Freehold - Invest Now, Occupy or Develop from 2027

Stonebridge Property Group is pleased to present for sale 278 Springvale Road, Springvale.

The key highlights of the opportunity include:

- A rare Springvale freehold strategically located just 30 m* from the hugely popular Springvale Central Shopping Centre

- The flexible Commercial Zone 1 landholding spans 487 sqm* and is complemented by rear lane access

- Strategically leased through to 2027, providing short term scope for occupation, development or value add

- Currently leased by C & K Collections (a tailor and clothing retailer) providing annual income of $107,120* + GST + Outgoings

- Recent leasing transactions indicate significant opportunity for rental growth

- The significant building comprises 353 sqm* of open-plan floor space that is well suited to a range of future uses, notably hospitality and retail

- 7.6 m* of street frontage to Springvale Road provides direct exposure to 24,000 passing cars daily*

- Strategically positioned in the tightly held Springvale CBD just a short walk from Springvale Train Station – utilised by 1.162 million annual commuters

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Rorey James
0439 400 081

Nic Hage
0448 782 594

Ian Lam ???
0416 621 859

* Approximately

Property Code: 910

Springvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $4622 $201 4.36%
Offices $4564 $217 4.76%
Industrial $5718 $225 3.93%
This is the average advertised price, rent and yield for Springvale, VIC 3171*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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