Springvale 1-2/817 Princes Highway

Ideally located in this fantastic established residential and retail area of Springvale which is approx 25km south-east of central Melbourne, within a couple minutes to local shopping centre and close to buses, local schools and Monash University, sits this amazing real estate opportunity. One title, comprising of two 2-bedroom units. This classic property is sitting on a gold mine! With a huge land size of 769sqm (approx) in a blue-chip pocket of Springvale, this is ideal for developers looking to build multiple dwellings or an investor looking to land bank for the future.

Each dwelling comprises 2 bedrooms and 1 bathroom; a practical layout with open plan living, dining and kitchen. This huge block of land offers the new owner with 2 existing units with high rent income.

Unit 1 features:
Spacious loungeKitchenMeals area2 large bedrooms with built-in robesCentral bathroomLaundry facilitiesSunroomPrivate backyardExpected rental income: $350 per week
Unit 2 features:
Spacious loungeKitchenMeals area2 large bedroomsCentral bathroomLaundry facilitiesPrivate backyardDouble garageExpected rental income: $330 per week
This is a rare chance to secure a rewarding long-term investment, as well as securing a block with abundance in potential!

Property Information

• Land area approx 769sqm

Property Features

• Car Spaces 2