Retail for Sale

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

Triple Income Stream in Prime SpringvaleFloorplan

Building: 311m²
Land: 339m²

Contact the agent if you'd like further information.

Enquire with Agent

Retail for Sale in Springvale

Fully Leased Shops with High Exposure

Building: 311m²
Land: 339m²

Next Steps:

Enquire with agent

Additional Information:

Floorplan

Positioned along high-profile Springvale Road, these fully leased properties offer excellent rental income across three tenancies with secure, long-term occupants. Whether you're looking to expand your investment portfolio or secure a high-exposure site for future occupation, this opportunity ticks all the boxes.

Key Investment Highlights

Triple rental income: Two shops, three strong tenancies
Total combined area: Approx. 311m²
Commanding 18m frontage to Springvale Road* - unbeatable exposure
Rear laneway access for convenience and delivery
Total Net Income: Approx. $168,641 + GST p.a.
Tenants pay all outgoings
Annual rent reviews for income growth
Zoned for commercial use with future development potential (STCA)

Tenancy Breakdown

Shop 11 (205m²) - Two tenants
- Indian Town Grocery - $54,421.20 + GST
- Yoon's Grill (Seating Area) - $57,200 + GST

Shop 12 (106m²)
- Yoon's Grill (Commercial Kitchen) - $57,200 + GST

Strategic Location Advantages

Next to national retailers: Woolworths, Chemist Warehouse, Australia Post, major banks
Surrounded by high foot traffic, public transport, and major arterials
Steps from Springvale Central, train station, shopping centres, and community amenities
One of Melbourne's most vibrant multicultural hubs with strong long-term growth

For further details or to schedule a private inspection, please contact the team at Ray White Judd White

Building:

311m²

Land:

339m² / 0.08 acres

Tenancy:

Vacant

Categories:

Retail, Land/Development, Showrooms/Bulky Goods