377A Springvale RoadSpringvale VIC 3171
Property Details for 377a Springvale Rd, Springvale
Last Listing description (July 2024)
Ray White Commercial Oakleigh is pleased to offer 377a Springvale Rd, Springvale for lease.
Surrounded by national tenants including Coles, Subway, Spotlight, Hungry Jacks & Red Rooster, this well-presented property offers great exposure for businesses looking to relocate. Complete with on-site amenities and ample customer parking.
Inspections are reserved by private appointment. Contact the agent to find out more.
Total building area | 55m2*
Offering great exposure to Springvale Road
Prime position opposite Woolworths and in the heart of a vibrant and extremely busy Shopping Village
3 Phase power provision
Air conditioned
Two (2) car spaces at rear via ROW
Close proximity to Sandown Racecourse which is planned to undertake a $3.5 billion redevelopment to become a major strategic urban renewal project for Melbourne's south-east
Significant local government expenditure which will benefit this landholding, including the currently underway 'Springvale Boulevard Project'
Well-connected to major public transport including Springvale Road Bus (bust stop out the front) and Springvale Train Station
Surrounded by endless parklands, schools and recreational facilities and extensive retail shopping
Landlord offering generous fit out incentives to approved applicant
Commercial 1 Zone (C1Z) offers a multitude of uses (STCA)
To arrange an inspection please contact one of the exclusive marketing agents:
George Kelepouris | 0425 798 677
Kassi Pantic | 0406 993 615
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property History for 377a Springvale Rd, Springvale, VIC 3171
- 06 Jun 2023Listed for Rent $25,000 / year
- 08 Feb 2019Listed for Rent $16,500 / year
- 20 Nov 2015Listed 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 11,370 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.
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