41 Aspen Circuit, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

41 Aspen Circuit
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 96m2
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Property Details for 41 Aspen Cct, Springvale

Building Type
Commercial
Land Size
96m2
Local Government
Greater Dandenong
Lot/Plan
41/PS823687

Last Listing description (May 2023)

On-site & Online Auction | Friday, 17th March 2023 @ 11am

This is the one you've been waiting for - Ray White Commercial Oakleigh is delighted to present the first warehouse to EVER re-hit the market in the highly sought after Springvale Business Park. Following the success of the development which saw the project sell out prior to construction commencing, this is the first chance the market has ever had to be able to secure a property in a Business Park which is currently experiencing a 98%* occupancy rate.

41 Aspen Circuit is located in Stage 2 of this magnificent & well maintained development and presents a rare opportunity for one lucky purchaser to secure ownership in what has come to be known as the new benchmark for design and quality of industrial warehouses & Business Parks in Melbourne. The development is home to many well known businesses including Etuners, Bayse Brand, Diamond Kicks, butter butter, Jennifer Lay Lashes, The Base Collective, Athletica & Wanted Tinting just to name a few.

Nestled between established residential and industrial precincts, with easy access to major arterial roads, transport and retail options, this property presents as a perfect investment option and is ideally located for personal, commercial and/or industrial use with the added bonus of NOT having to pay GST on the purchase price!

Total building area | 128m2*
Includes first floor mezzanine with glass balustrade | 34m2*
Floor finished with Aquepoxy & painted internal walls
Matte black fixtures & fittings
Full size kitchenette with high quality cabinetry including overhead & LED kitchen lighting
Bathroom with shower and floor-to-ceiling tiles
Internal clearance up to 7.5* metres
Electric roller door, 3 phase power, LED High Bay Lights
Two (2) car spaces on-title
NO GST payable
Industrial 1 Zone (IN1Z)

To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" link below against this property:

https://anywhereauctions.com.au/app/property?propertyId=30133

For further information please contact one of the exclusive marketing agents:

Theo Karkanis | 0431 391 035
George Ganavas | 0478 634 562

*All areas and figures are approximate 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 41 Aspen Cct, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Sold
$550,000
17 Mar 2023
  • 17 Mar 2023
    Sold for $550,000
  • 16 Feb 2023
    Listed for Sale Auction ($450,000 - $490,000)
  • 29 Apr 2020
    Sold for $380,000
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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 22.04% increase in median value, while Units have seen a 23.31% increase. As at 30 November 2025:

  • The median value for Houses in Springvale is $978,248 while the median value for Units is $628,906.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 56 properties listed for sale, and 33 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.