403 Springvale Road,
Forest Hill, VIC 3131
Shops & Retail • Offices
Key property information
Floor area
Tenure type
Sold on
Belle Property Commercial - Melbourne East
Suite 10, 830 Wellington RoadROWVILLE, VIC 3178
403 Springvale Road
Forest Hill, VIC 3131
Map of 403 Springvale Road
Tenanted Investment with Main Road Exposure
Belle Property Commercial Melbourne East is delighted to present For Sale, this exciting commercial investment opportunity located on busy Springvale Road in Forest Hill.
Total building area is 162 sqm * which comprises a shop front, food preparation area with walk in refrigerator and a three-bedroom residence at the rear. The retail section is large enough for a restaurant, offices or mixed business and offers three-phase power and split system air conditioning.
The two storey residence includes a modern kitchen with adjacent meals / living area, separate laundry, family bathroom, two toilets and three bedrooms on the first floor. The residence is accessible both from the shop at the front or the lane at the rear of the property. Plenty of parking is available in the shopping strip car park and public transport is available on Springvale Road.
● Total Building Area 162 sqm *
● Two year lease commenced 01/12/2024
● Two Further Options
● Three Phase Power
● Air Conditioning
● Abundant Parking
● Three Bedroom Residence
● High Profile Location
● Commercial 1 Zone (C1Z)
Contact the Mitch Rosam or Nitish Taneja at Belle Property Commercial Melbourne East for more information regarding this fantastic commercial opportunity!
Total building area is 162 sqm * which comprises a shop front, food preparation area with walk in refrigerator and a three-bedroom residence at the rear. The retail section is large enough for a restaurant, offices or mixed business and offers three-phase power and split system air conditioning.
The two storey residence includes a modern kitchen with adjacent meals / living area, separate laundry, family bathroom, two toilets and three bedrooms on the first floor. The residence is accessible both from the shop at the front or the lane at the rear of the property. Plenty of parking is available in the shopping strip car park and public transport is available on Springvale Road.
● Total Building Area 162 sqm *
● Two year lease commenced 01/12/2024
● Two Further Options
● Three Phase Power
● Air Conditioning
● Abundant Parking
● Three Bedroom Residence
● High Profile Location
● Commercial 1 Zone (C1Z)
Contact the Mitch Rosam or Nitish Taneja at Belle Property Commercial Melbourne East for more information regarding this fantastic commercial opportunity!
Forest Hill, 3131 demographic data
The median household income for Forest Hill is $1,658, 13% lower than Greater Melbourne's household income of $1,901. Forest Hill has an older age profile compared to the rest of Greater Melbourne (median age 42 vs 37). Property ownership data shows 45% of property owners in Forest Hill have a mortgage.
10,780
Population
$1,658 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
Belle Property Commercial - Melbourne EastSuite 10, 830 Wellington Road
ROWVILLE, VIC 3178
ROWVILLE, VIC 3178
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