377a Springvale Road, Springvale, VIC 3171

Retail | Offices | Medical

Leased

  • Property ID: 432168
  • Floor Area: 55m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Leased 31/07/2024 55m2 N/A N/A
HIGH EXPOSURE RETAIL - "PRICE REDUCED"

Ray White Commercial Oakleigh is pleased to offer 377a Springvale Rd, Springvale for lease.

Surrounded by national tenants including Coles, Subway, Spotlight, Hungry Jacks & Red Rooster, this well-presented property offers great exposure for businesses looking to relocate. Complete with on-site amenities and ample customer parking.

Inspections are reserved by private appointment. Contact the agent to find out more.

• Total building area | 55m2*
• Offering great exposure to Springvale Road
• Prime position opposite Woolworths and in the heart of a vibrant and extremely busy Shopping Village
• 3 Phase power provision
• Air conditioned
• Two (2) car spaces at rear via ROW
• 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
• Landlord offering generous fit out incentives to approved applicant
• Commercial 1 Zone (C1Z) offers a multitude of uses (STCA)

To arrange an inspection please contact one of the exclusive marketing agents:

George Kelepouris | 0425 798 677
Kassi Pantic | 0406 993 615

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Springvale Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $5536 $209 3.77%
Retail $4907 $184 3.75%
Offices $4564 $199 4.36%
This is the average advertised price, rent and yield for Springvale, VIC 3171*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Lease

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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