22/820-828 Princes HighwaySpringvale VIC 3171
Property Details for 22/820-828 Princes Hwy, Springvale
Last Listing description (December 2022)
Crabtrees Real Estate are excited to offer Unit 22/820 Princes Highway, Springvale FOR SALE via DEADLINE PRIVATE SALE closing Thursday 15th December at 4pm.
This modern facility is located on Princes Highway, Springvale with excellent access to Springvale Road, Centre Road, Police Road and EastLink.
Tenancy Features:
+ Two (2) year lease with options
+ Returning $24,000 per annum (net) tenant pays all outgoings
+ Annual increases
+ Good security
+ Read more about the Tenants here: ocvo.com.au
Features include:
+ 194 sqm* total building area
+ Includes 32 sqm* office
+ Roller door access
+ Unisex disabled toilets
+ Kitchenette facilities
+ Two (2) allocated car parks
+ Securely fenced and gated
+ Flexible Commercial 2 zoning
+ Very tightly held business park
+ Future rental growth
Deadline Private Sale closing Thursday 15th December at 4pm.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
Property History for 22/820-828 Princes Hwy, Springvale, VIC 3171
- 20 Dec 2022Sold for $627,500
- 21 Nov 2022Listed for Sale Circa $600,000
- 04 May 2021Listed for Rent $25,000 / year
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0About 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 11,395 properties. Over the last 5 years, Houses in Springvale have seen a 15.46% increase in median value, while Units have seen a 20.76% increase. As at 28 February 2026:
- The median value for Houses in Springvale is $974,778 while the median value for Units is $627,844.
- Houses have a median rent of $600 while Units have a median rent of $550.
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