Contact the agent if you'd like further information.
Retail for Sale in Springvale
Premium Multiâ€'Income Retail Investment
- Building: 311m²
- Land: 339m²
Next Steps:
Enquire with agentAdditional Information:
FloorplanA rare opportunity to acquire a fully leased, dual-shop retail asset in one of Melbourne's most sought-after suburban retail strips. This investment offers secure, diversified income with fixed annual rent growth, making it an ideal choice for
yield-focused investors or value-add buyers seeking long-term cashflow.
Key Highlights
• Total Income (including GST): $197,089 p.a.
• Total Lettable Area: ~311 m²
• Frontage: ~18m to Springvale Road
• Tenants: Three secure leases across two connected shopfronts
• Outgoings: 100% tenant recoverable
• Rent Reviews: 4% fixed annual increases
• Access: Rear laneway access for deliveries and staff parking
• Zoning: Commercial - potential development upside STCA
• Location: High exposure, surrounded by national retailers, transport links, and significant pedestrian and vehicle traffic
Investment Advantages
• Stable Cashflow: Fully leased with predictable annual income growth
• Diversified Tenancy: Three tenants across two shops reduces vacancy risk
• Prime Location: Positioned within a busy suburban retail corridor with strong foot traffic and proximity to Springvale Central
• Future Upside: Commercial zoning offers potential for redevelopment or value-add initiatives STCA
For further details or to schedule a private inspection, please contact the team at Ray White Judd White
311m²
339m² / 0.08 acres
Tenanted
Retail, Land/Development, Showrooms/Bulky Goods
Next Steps:
Enquire with agentDue diligence checklist for home and residential property buyers
Agents
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