368 Springvale Road, Springvale, VIC 3171 sold on 25 May 2025 | OnTheHouse
 
SOLD
Sold on 25 May 2025 for $1,012,000

368 Springvale Road
Springvale VIC 3171

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 368 Springvale Rd, Springvale

Building Type
Commercial
Local Government
Greater Dandenong
Lot/Plan
1/TP543500

Last Listing description (June 2025)

PREMIUM COMMERCIAL OPPORTUNITY ON BRILLIANT CORNER SITE.

For the first time offered in 33 years, this prospect will excite. Currently operated as a physiotherapy clinic, the opportunity exists for a practitioner to take advantage of this commercial site, positioned supremely on a great corner site with amazing exposure to passing traffic on Springvale Road.

Being a corner site, whilst the exposure to passing traffic is A1, car parking for customers is easy and stress free with the car park to the rear of the property that can be easily accessed via a quiet side street, further enhancing the attractiveness of this offering. There is no tricky main road entrance to navigate.

Compared to businesses located in busy shopping precincts, where parking can be very difficult and time consuming, this makes it very easy for customers to connect with the business.

The original brick veneer home, situated on a land site of 595m2(approx.) has been well set up as a clinic and provides a great base for any consultancy or medical practitioner seeking independent business premises. It sits nicely on the allotment with no stairs to climb and has been well maintained. There are three bedrooms, two with built-in robes, all bedrooms with split system air conditioning. The lounge room serves as the reception and waiting area, whilst the dining and original kitchen provide a small retreat from the public spaces.

Close to the heart of Springvale it provides a base to service the area effectively for many years to come.

Be sure to inspect today a rare opportunity, not to be missed!

Terms: 10% deposit. Balance 90 days

Photo I.D. required at all inspections.

DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

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Property History for 368 Springvale Rd, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$1,012,000
25 May 2025
  • 10 Oct 2024
    Listed for Sale $920,000 - $990,000
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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 11,373 properties. Over the last 5 years, Houses in Springvale have seen a 20.22% increase in median value, while Units have seen a 24.34% increase. As at 31 October 2025:

  • The median value for Houses in Springvale is $962,200 while the median value for Units is $628,440.
  • Houses have a median rent of $580 while Units have a median rent of $535.
There are currently 57 properties listed for sale, and 37 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 410 properties were sold in the past 12 months in Springvale.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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