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Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

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Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

Springvale

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Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

Springvale

Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

Properties / Buy / Victoria / Springvale
Tenanted Investment
Selling Method
EOI
Selling Details
Closing: 22nd January 2025
Land Area
339 m² (*approx)
Floor Area
311 m² (*approx)
Property Type
Retail
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Est. Income
$168,641 p/a
Fully Leased
Yoon's Grill and Indian Town Grocery Store
Show All
Fully Leased Shops with High Exposure
  • Triple rental income
  • Commanding 18m frontage
  • Main Road and high foot traffic

Positioned along high-profile Springvale Road, these fully leased properties offer excellent rental income across three tenancies with secure, long-term occupants. Whether you're looking to expand your investment portfolio or secure a high-exposure site for future occupation, this opportunity ticks all the boxes.

Key Investment Highlights

- Triple rental income: Two shops, three strong tenancies
- Total combined area: Approx. 311m²
- Commanding 18m frontage to Springvale Road* – unbeatable exposure
- Rear laneway access for convenience and delivery
- Total Net Income: Approx. $168,641 + GST p.a.
- Tenants pay all outgoings
- Annual rent reviews for income growth
- Zoned for commercial use with future development potential (STCA)

Tenancy Breakdown

Shop 11 (205m²) – Two tenants
- Indian Town Grocery – $54,421.20 + GST
- Yoon's Grill (Seating Area) – $57,200 + GST

Shop 12 (106m²)
- Yoon's Grill (Commercial Kitchen) – $57,200 + GST

Strategic Location Advantages

- Next to national retailers: Woolworths, Chemist Warehouse, Australia Post, major banks
- Surrounded by high foot traffic, public transport, and major arterials
- Steps from Springvale Central, train station, shopping centres, and community amenities
- One of Melbourne's most vibrant multicultural hubs with strong long-term growth

For further details or to schedule a private inspection, please contact the team at Ray White Judd White

Read More
Dataroom
Tenanted Investment
Tenanted Investment

308-310 Springvale Road Investment Summary

Property Type
Retail
Sub-type
Strip Retail, Cafe/Restaurant, Mixed Use
Est. Income
$168,641 p/a
Tenant
Yoon's Grill and Indian Town Grocery Store
Land Area
339 m² (*approx)
Floor Area
311 m² (*approx)
Selling Method
EOI
DATAROOM AVAILABLE
Gain Access
Selling Details
Closing: 22nd January 2025

Investment Highlights

Fully Leased Shops with High Exposure
  • Triple rental income
  • Commanding 18m frontage
  • Main Road and high foot traffic

Positioned along high-profile Springvale Road, these fully leased properties offer excellent rental income across three tenancies with secure, long-term occupants. Whether you're looking to expand your investment portfolio or secure a high-exposure site for future occupation, this opportunity ticks all the boxes.

Key Investment Highlights

- Triple rental income: Two shops, three strong tenancies
- Total combined area: Approx. 311m²
- Commanding 18m frontage to Springvale Road* – unbeatable exposure
- Rear laneway access for convenience and delivery
- Total Net Income: Approx. $168,641 + GST p.a.
- Tenants pay all outgoings
- Annual rent reviews for income growth
- Zoned for commercial use with future development potential (STCA)

Tenancy Breakdown

Shop 11 (205m²) – Two tenants
- Indian Town Grocery – $54,421.20 + GST
- Yoon's Grill (Seating Area) – $57,200 + GST

Shop 12 (106m²)
- Yoon's Grill (Commercial Kitchen) – $57,200 + GST

Strategic Location Advantages

- Next to national retailers: Woolworths, Chemist Warehouse, Australia Post, major banks
- Surrounded by high foot traffic, public transport, and major arterials
- Steps from Springvale Central, train station, shopping centres, and community amenities
- One of Melbourne's most vibrant multicultural hubs with strong long-term growth

For further details or to schedule a private inspection, please contact the team at Ray White Judd White

Read More
Dataroom
Tenanted Investment

Property Location of Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171

Property Map
Shop 11&12, 308-310 Springvale Rd, Springvale VIC 3171 Springvale
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