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342-348 Springvale Road, Forest Hill, VIC, 3131

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+6 Photos

+8 Photos

Properties / Buy / Victoria / Forest Hill

Investment Potential

1. Property Summary

Selling Method

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Selling Details

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Land Area

841 m² (*approx)

Floor Area

732 m² (*approx)

Property Type

Land, Retail, Other

Car Spaces

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2. Property Highlights

Rare Corner Opportunity In An Exemplary Location

Purpose build a retail/office building
Flexible zoning allows for multiple uses
Plans and permits for a 4 level project

Cameron Commercial is pleased to exclusively present this prized corner site in Forest Hill!

The purchaser can develop with the 4-level approved commercial & residential plans, or build a retail shop/showroom for their business.

* 732 sqm Land area (additional 109sqm on title)

* 50,000+* Cars passing daily

* Unbeatable corner spot

* Occupy or develop

* Month-to-month lease to Glenny Kebabs

* 47m* Frontage to Springvale and Canterbury Road

* Seconds to Forest Hill Chase Shopping Centre

* Magnificent exposure

* Flexible settlement terms

Location

* Corner of Springvale Road & Canterbury Road

* 1.5km* to Nunawading Station

* Opposite Isshin Japanese Restaurant

* 550m* to Forest Hill Shopping Centre which includes over 180 stores including: ALDI, Australia Post, Coles, Breadtop, Commbank, Cotton On, Forest Hill Chase Shopping Centre, HOYTS, JB HI FI, Woolworths, Target, Vodafone, The Groove Train, Timezone and much more)

Endorsed plans include:

- 4 Storeys mixed-use development

- 350 sqm Retail (ground floor)

- 760 sqm Offices (first & second floor)

- 273 sqm Residential (third floor)

- 31 Total basement car parks

Remember to mention you found this property on CommercialReady