375-377B Springvale Road Springvale VIC 3171

Colliers are proud to present a truly unique retail/development opportunity, situated in a prime position in the tightly held Springvale Road, Shopping Strip for sale.

Key highlights include:

Six (6) shops 100% leased returning $119,523 p.a
Opportunities for significant rental reversion through refurbishment
Large, coveted corner allotment of 576m²*
Commercial 1 zoning offers a multitude of development outcomes (STCA)
Prime position opposite Woolworths and in the heart of this vibrant and extremely busy Shopping Village
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

*approximately