Commercial Shop & 3 Bedroom Residence with Rear lane Access

Perfectly positioned in the heart of Springvale Central Shopping strip, high exposure shopfront and dwelling is a great opportunity to obtain this commercial blue chip. The shopfront features a rendered brick wall and the land area approx. 223 sqm.

A well maintained 3 bedrooms’ residence with an updated bathroom, 2 toilets, separate kitchen, living area & laundry, heating, undercover corridor joining front and rear. Rear lane access to two LU car parking Spaces.

This exceptional opportunity nestled within a half-hour drive to the Melbourne CBD and in one of Melbourne's most gentrified suburbs, offers the flexibility to occupy, invest with the unique potential of multiple tenancies or further develop (STCA).

The Springvale Road retail strip is arguably one of the most tightly-held throughout Metropolitan Melbourne, with vacancy rates continuing to be extremely low year upon year.

This is underpinned by an abundance of nationally recognized retailers such as Woolworths & Coles as well as an abundance of complimenting businesses and

easy access to the train station, schools, the vibrant shopping centre of Springvale CBD and M1 freeway.

Property Details Include:

• land area | approx. 223m2*

• building area | approx.180m2*

• Unique opportunity to acquire an investment with multi-tenancy potential

• The site enjoys substantial frontage to Springvale Road with approximately 32,000 vehicles passing daily.

• Walking distance to bustling Springvale Road retail shopping strip & public transport,

Springvale railway station 200 metres away approx.

• Property is being offered Vacant Possession

• The site is zoned Commercial zone 1 (C1Z) within the Springvale Activity Centre. This SAC promotes the development of these sites for a commercial/residential mix (STCA)