134 Springvale Road, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

134 Springvale Road
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 7852m2
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Property Details for 134 Springvale Rd, Springvale

Building Type
Commercial
Land Size
7852m2
Local Government
Greater Dandenong
Lot/Plan
1/SP31426

Last Listing description (July 2023)

Excellent commercial building located in the heart of Springvale, access to all facilities and major roads. This huge warehouse ideally suited to several business models such as mechanic, office & warehouse, showrooms..ect.
Low in maintenance and boasting a combined building are of 381m2 with a wide 16m frontage and long side 23.8m, corner block. This rare opportunity within a Commercial Zone 2 offers significant add value potential, 2 allocated parking spaces, 2 reserved car park and all customer carpark surrounding to be use. Easy access to major arterials including Springvale Road, Princess hwy, Monash Freeway or Eastlinkect

Currently the building is leased out to a Billiard and Coffee business with a rental of $38,064pa (Gst Inc), with 3 further option of 5 years. The current business has operated for more than 2 years adapting the original facility to suit the current operation including an upgrade of the toilets to provide wheelchair access. The original warehouse was fitted with ducted central heating and 8 split system AC units plus all the appropriate equipment to meet current Health and safety requirements all to be maintained by the current lease, as per lease agreement.

Please do not hesitate to contact the listing agents for more information or to arrange an inspection.

Property History for 134 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Listed for Rent
14 Sep 2016
  • 20 Jul 2023
    Listed for Sale $1,000,000 - 1,100,000
  • 14 Feb 2023
    Listed for Sale $1,000,000 - 1,100,000
  • 10 Aug 2016
    Listed for Rent - Price not available
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About Springvale 3171

The size of Springvale is approximately 11.0 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Springvale in 2016 was 21714 people. By 2021 the population was 22174 showing a population growth of 2.1% in the area during that time. The predominant age group in Springvale is 20-29 years. Households in Springvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale work in a labourer occupation.In 2021, 54.70% of the homes in Springvale were owner-occupied compared with 56.20% in 2016.

Springvale has 11,372 properties. Over the last 5 years, Houses in Springvale have seen a 18.84% increase in median value, while Units have seen a 19.17% increase. As at 31 December 2025:

  • The median value for Houses in Springvale is $981,004 while the median value for Units is $606,199.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 57 properties listed for sale, and 36 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 418 properties were sold in the past 12 months in Springvale.

Suburb Insights for Springvale 3171

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.