17/792-806 Heatherton Road, Springvale South, VIC 3172 | Commercial for sale | OnTheHouse
 
FOR SALE
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17/792-806 Heatherton Road
Springvale South VIC 3172

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“Thriving Grocery Business for Sale in Prime Springvale South Location”

Pride of Punjab, a highly reputable and well-established grocery store, is now available for sale. Operating successfully for the past three years, this thriving business is perfectly positioned within a vibrant and busy local shopping strip, offering excellent visibility and benefiting from strong foot traffic and consistent passing trade.
Renowned for its high-quality products and exceptional customer service, Pride of Punjab has earned a loyal and steady customer base, making it a standout choice for prospective business owners. The store caters to the diverse and growing local community, particularly the Indian population, and is recognized as a trusted destination for fresh groceries and specialty items.
Key features of this opportunity include:
Prime Location: Situated in the bustling heart of Springvale South, surrounded by complementary businesses that drive regular foot traffic.
Low Rent: A highly competitive monthly rental arrangement, providing strong potential for healthy profit margins.
Operating Hours: Open daily from 10:00 AM to 8:30 PM, capturing both daytime and evening trade.
Established Reputation: A well-known brand within the community, with a history of excellent service and repeat customers.
This is a rare chance to acquire a thriving business in one of Melbourne’s most dynamic and multicultural suburbs. Whether you are an experienced operator or an aspiring entrepreneur looking to enter the retail grocery sector, Pride of Punjab offers a turnkey operation with strong growth potential.
📞 Enquire today to learn more about this exceptional opportunity and take the first step towards owning a profitable and respected business in Springvale South!
Enquire today—quality businesses like this rarely stay on the market for long.
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Property Details for 17/792-806 Heatherton Rd, Springvale South

Building Type
Commercial
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About Springvale South 3172

The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2016 was 12768 people. By 2021 the population was 12766 showing a population decline of 0.0% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation.In 2021, 69.90% of the homes in Springvale South were owner-occupied compared with 71.10% in 2016.

Springvale South has 4,787 properties. Over the last 5 years, Houses in Springvale South have seen a 23.95% increase in median value, while Units have seen a 42.88% increase. As at 30 November 2025:

  • The median value for Houses in Springvale South is $888,714 while the median value for Units is $676,793.
  • Houses have a median rent of $585 while Units have a median rent of $540.
There are currently 12 properties listed for sale, and 6 properties listed for rent in Springvale south on OnTheHouse. According to Cotality's data, 167 properties were sold in the past 12 months in Springvale south.

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