8A Balmoral Avenue,
Springvale, VIC 3171
Shops & Retail • Offices
Key property information
Floor area
Zoning
Municipality
Tenure type
Sold on
Map of 8A Balmoral Avenue
Blue Chip investment opportunity
*This premises is located in a well-known landmark in Springvale CBD, popular
among the locals and high foot traffic, most are buy to hold, so don't miss this
golden opportunity.
* Renewed lease August 2021 term 5 years + 1 x 5 years further term.
* August 2022 increase fixed 3%, and subsequent years 4% fixed annual
increase
* Market review –further term
* Tenant pays all outgoings (except landlord tax)
* Floor Area: 64 m2 (approx).
* Multi-storey public car parking at rear.
Terms: 10% deposit
Balance: 60 days
among the locals and high foot traffic, most are buy to hold, so don't miss this
golden opportunity.
* Renewed lease August 2021 term 5 years + 1 x 5 years further term.
* August 2022 increase fixed 3%, and subsequent years 4% fixed annual
increase
* Market review –further term
* Tenant pays all outgoings (except landlord tax)
* Floor Area: 64 m2 (approx).
* Multi-storey public car parking at rear.
Terms: 10% deposit
Balance: 60 days
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
8A Balmoral Avenue
Springvale, VIC 3171
Leyton Real Estate - Springvale7 Warwick Avenue
SPRINGVALE, VIC 3171
SPRINGVALE, VIC 3171
More properties from Leyton Real Estate - Springvale
Other properties you might be interested in based on the location and property type you are looking at.
