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Retail for Sale

Shop 11&12/308-310 Springvale Road Springvale, VIC 3171

$197K Income | 12-Storey PotentialFloorplan
  • Building: 311m²
  • Land: 339m²

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Retail for Sale in Springvale

$197K Income | Springvale Activity Centre | 12-Storey Potential (STCA)

  • Building: 311m²
  • Land: 339m²

Fully leased retail investment returning approximately $197,000 per annum, secured across three established tenants with 100% outgoings recovery and structured annual rental increases.

Positioned on a high-exposure stretch of Springvale Road within the Springvale Activity Centre precinct, the property benefits from strong pedestrian activity, excellent transport connectivity, and a dense surrounding residential and commercial catchment.

Under the Victorian Government's finalised planning framework, the site is located within a designated Activity Centre area supporting increased density outcomes of up to 12 storeys (STCA), reinforcing long-term land value and strategic redevelopment potential.

This is a secure income-producing investment today, with embedded future upside supported by evolving planning controls in one of Melbourne's most active metropolitan renewal corridors.

Key Investment Highlights

  • Fully leased retail investment across three established tenants
  • Returning approx. $197,000 p.a.
  • 100% outgoings recovery
  • Strong rental growth profile via annual increases
  • High-exposure Springvale Road frontage
  • Located within Springvale Activity Centre precinct
  • Positioned for long-term redevelopment upside (up to 12 storeys STCA)
  • Strong surrounding residential and commercial catchment
Building:

311m²

Land:

339m² / 0.08 acres

Tenancy:

Tenanted

Categories:

Retail, Land/Development, Showrooms/Bulky Goods

Due diligence checklist for home and residential property buyers

Shop 11&12/308-310 Springvale Road, Springvale, VIC 3171
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