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Auction
Inspections
$820,000 - $900,000
Its Addressed:
Occupying a substantial 664m² (approx.) corner allotment in one of Springvale’s most sought-after and well-connected pockets, this property presents an exceptional opportunity for developers, investors, builders and families looking to secure a prime parcel of land with outstanding future potential.
The property features a well-maintained residence comprising three bedrooms, two bathrooms and parking for up to four vehicles, offering comfortable accommodation with immediate appeal. Designed for flexible family living, the home is equipped with two kitchens, making it ideal for multi-generational households or those seeking additional functionality. Adding further versatility is a fully self-contained studio at the rear, complete with its own bedroom, bathroom and living space, making it ideal for extended family, guest accommodation, a home office, or additional rental income.
Enhancing the homes comfort and efficiency are three split-system air conditioners, wall heating, a modern heat pump hot water system, and an impressive 5.5kW solar system paired with a 28.8kWh battery setup, helping to reduce energy costs while supporting sustainable living.
While the existing improvements provide excellent flexibility and functionality, the true value lies in the land and the opportunities it presents. Whether youre looking to renovate, lease out, build your dream home, undertake a knockdown and rebuild project, or explore redevelopment opportunities on this highly desirable corner allotment (STCA), the possibilities are extensive.
Positioned within walking distance to Springvale Shopping Centre, Springvale Station, local parks, cafes and restaurants, the property also enjoys easy access to quality schools, public transport and major arterial roads, making it a highly attractive prospect for both homeowners and investors alike.
Corner allotments of this size in such a central location are becoming increasingly difficult to secure. Combining immediate liveability with exceptional development potential and long-term growth prospects, this is an opportunity not to be missed.
Property Highlights:
- 664m² (approx.) corner allotment
- Three bedrooms and two bathrooms
- Two kitchens offering flexible family living
- Separate self-contained rear studio with its own bedroom and bathroom
- Parking for up to four vehicles
- Three split-system air conditioners
- Wall heating
- Heat pump hot water system
- 5.5kW solar panel system with 28.8kWh battery storage
- Exceptional knockdown and rebuild opportunity
- Ideal site for redevelopment or multi-dwelling project (STCA)
- Prime corner position with flexible future potential
- Strong investment with multiple income possibilities
- Walk to Springvale Shopping Centre and Springvale Station
- Close to schools, parks, cafes, restaurants and public transport
A rare opportunity to secure a substantial corner landholding in one of Springvales most tightly held and high-demand locations.
*** Photo ID required for all inspections ***
For more Real Estate in Springvale, contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves with any pertinent matters.
2/481-485 Cheltenham Road, Keysborough VIC 3173
Call Linna Wu on
0451 075 278
Call Hong Ear on
0420 774 212
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