Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Situated in the rapidly evolving and well-connected suburb of Springvale, this property offers a rare development opportunity on a substantial and versatile 728m² site. It presents strong appeal to developers, investors, and builders seeking to capitalize on the area's designated Housing Choice and Transport Zone 2 (HCTZ2), which encourages diverse housing solutions in this vibrant activity centre.
The land features an impressive 17-metre frontage and valuable rear lane access, facilitating flexible design and construction possibilities. Its rectangular shape supports efficient site planning and potential redevelopment subject to council approval.
One of the property's notable lifestyle benefits is its open outlook toward Warner Reserve, directly opposite with no residential neighbors in between. This reserve offers abundant recreational amenities including sporting facilities, tennis courts, playgrounds, walking paths, and dog-friendly areas, enhancing the living environment and appealing to families and active communities.
Positioned just around 100 metres from the Mile Creek footbridge, the site provides easy green corridor access and serves as a gateway to Springvale's key services. Nearby conveniences include Springvale Railway Station, shopping centres, markets, renowned eateries, and fresh food retailers, supporting an urban yet relaxing lifestyle. Excellent transport links via Springvale Road, Princes Highway, EastLink, and the Monash Freeway offer swift commutes for professionals.
The existing 91m² building and two-car garage provide a functional base for current use while underpinning redevelopment potential. For purchasers looking to engage in the evolving urban fabric of Springvale, this property combines generous dimensions, strategic zoning, and premium location to create a compelling proposition in one of Melbourne's growth corridors.
Local Market Insights
In Springvale, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $879,083. The property type mix of listed properties is predominantly Houses at 63%, followed by townhouses (26%), and units (11%). The most active agency for houses in the Springvale area is currently iSell Group, representing 42% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Market Insights for Springvale VIC 3171
Other properties in this postcode
