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Colliers - Melbourne East

375-377B Springvale Road Springvale, VIC 3171

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375-377B Springvale Road,
Springvale, VIC 3171

Shops & Retail • Development Sites & Land

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Colliers - Melbourne East
Ben Baines
Ted Dwyer

Colliers - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
Colliers - Melbourne East
375-377B Springvale Road
Springvale, VIC 3171

Map of 375-377B Springvale Road

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Prime Springvale Opportunity Opposite Woolworths

  • Significant corner land parcel of 576m²
  • 100% leased returning $119,523 p.a*
  • Value-add or development opp (STCA)
Colliers are proud to present a truly unique retail/development opportunity, situated in a prime position in the tightly held Springvale Road, Shopping Strip for sale.

Key highlights include:

• Six (6) shops 100% leased returning $119,523 p.a
• Opportunities for significant rental reversion through refurbishment
• Large, coveted corner allotment of 576m²*
• Commercial 1 zoning offers a multitude of development outcomes (STCA)
• Prime position opposite Woolworths and in the heart of this vibrant and extremely busy Shopping Village
• Close proximity to Sandown Racecourse which is planned to undertake a $3.5 billion redevelopment to become a major strategic urban renewal project for Melbourne’s south-east
• Significant local government expenditure which will benefit this landholding, including the currently underway ‘Springvale Boulevard Project’
• Well-connected to major public transport including Springvale Road Bus (bust stop out the front) and Springvale Train Station
• Surrounded by endless parklands, schools and recreational facilities and extensive retail shopping

*approximately

Property ID: 504064091Last Updated: 4 Aug 2022

Colliers - Melbourne East
Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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