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Knight Frank - Eastern Office

556-598 Princes Highway Springvale, VIC 3171

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556-598 Princes Highway,
Springvale, VIC 3171

Warehouse, Factory & Industrial

Key property information

Floor area

Parking info

Property extent

Zoning

Tenure type

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Knight Frank - Eastern Office
Stuart Gill
Steven Salopek

Knight Frank - Eastern Office

Level 3 10 Nexus Court
MULGRAVE, VIC 3170
Knight Frank - Eastern Office
556-598 Princes Highway
Springvale, VIC 3171

Map of 556-598 Princes Highway

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Excellent High Clearance Warehouse with Princes Highway Address - Occupy or Invest

  • Month to month lease in place
  • Occupy or invest
  • Secure business park
Knight Frank is pleased to offer for private sale 20/556-598 Princes Highway, Springvale. The building is situated within a secure business park, centrally located moments to Springvale shopping centre and train station. Providing the ultimate in buyer flexibility with the ability to either occupy or invest, this warehouse has excellent access to the Princess Highway, Springvale Road and furthermore Eastlink and Monash Freeway.

Key Property Details:

-Total building size 259 sqm*
-Leased on a month-to-month basis
-Current rent $47,533.80 per annum + GST*
-Generous warehouse height of up to 7.6m*
-Open plan warehouse
-Access via motorised container height roller door
-Secure perimeter fencing with automatic gates
-4 designated carparks
-Flexibility to occupy or renegotiate lease with sitting tenant

For further information including information memorandum or to arrange a private inspection please contact Knight Frank.

*Indicates approximate

Springvale, 3171 demographic data

The median household income for Springvale is $1,402, 26% lower than Greater Melbourne's household income of $1,901. Springvale has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 39% of property owners in Springvale have a mortgage.

22,174
Population
$1,402 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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