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51 Union Grove Springvale, 3171 VIC

Solid Investment

Springvale's rapid development over the past few years has given rise to a great number of opportunities both in residential growth and new businesses. On offer is a location close to central Springvale which is ideal for business or residential accommodation and an outstanding opportunity buyer/investor. This former family home is currently leased as a medical office, (permit for one Doctor) and arranged with waiting room, receptionists' office a consulting room and a files room, kitchenette and toilet. Currently leased to a medical professional, the block size of 555 M2 includes parking for 8 vehicles and 2 crossings. A regular monthly return the future owner has a steady income while planning how to repurpose the building or the block (STCA). Located close Woolworths and other shops nearby bringing plenty of foot traffic to the area.

Rental return $ 2186.45 per month no GST Lease until 13June 2024 Rates:$ 1860 per year SEW: $ 1100 /year INSURANCE : $ 2800/ per year

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Inspection of this property is available strictly by arrangement only.

Contact


Century 21 Theresa Huynh Theresa Huynh
6/64 Buckingham Avenue
Springvale VIC 3171
 
Phone03 9547 7222