45 Buckingham Avenue, Springvale, VIC 3171 | Property Value & History | OnTheHouse
OFF MARKET

45 Buckingham Avenue
Springvale VIC 3171

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 125m2
Land area: 58m2
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Property Details for 45 Buckingham Ave, Springvale

Building Type
Commercial
Floor Size
125m2
Land Size
58m2
Local Government
Greater Dandenong
Lot/Plan
9/RP13726

Last Listing description (March 2016)

LONG ESTABLISHED BUTCHER SHOP IN PRIME LOCATION
Located right in the ever growing Springvale Central, this busy and strong reputation butcher shop will surely impress all investors. This quality business is located in a prime location and is showing excellent returns under management.
It is also supported by a good mixture of more than hundred specialty stores which act as a great draw card to the centre.

STRENGTHS/ BENEFITS
- Very strong TURNOVER of around $25,000 per week
- Well established business with loyal clients
- With a great reputation for serving a wide range of high quality meats, poultry, frozen seafood and small goods, the shop enjoys a regular and extremely loyal client base, many of which have been frequenting the shop for decades
- Excellent parking
- Good staff
- Very well presented shop with good plants and equipment
- No direct competition

KEY FIGURES
Taking
$25,000 approx. per week
Location Details
Situated right in the Central Springvale in the most sought after street for business
Premises
Bright open shop with two areas of total 125 m2
Potential
Could do wholesale deliveries to local food businesses.
Could do more seafood products.
Opening Hours
7 days a week: Monday - Sunday from 8:00 am - 5:30 pm
Lease
The business comprises 2 shops
Lease details for shop at 47 Buckingham Avenue, Springvale
Commenced: 13/02/2015
Term: 1 x 5 years
Options: 1 x 5 years
Rent: $45,600 per annum (equivalent to $3,800 per month)
Lease details for shop 45 Buckingham Avenue, Springvale
Commenced: 13/04/2015
Term: 1 x 3 years
Options: 1 x 3 years
Rent: $26,000 approx. (equivalent to $2,167per month)
Employees
3 butchers fulltime + 5 part-time staff
About the Business
Retail - Butcher and Seafood
This is lifetime opportunity that cannot be missed out.
Call us today!!!
Contact Agent Kim Le 0468 939 898 or Agent Emma Tuyet 0468 923 898

Property History for 45 Buckingham Ave, Springvale, VIC 3171

A timeline of how this property has performed in the market
Last Transferred
17 Sep 2022
  • 17 Sep 2022
    Transferred
  • 17 Nov 2015
    Listed for Sale Not Disclosed
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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 11,395 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.
There are currently 63 properties listed for sale, and 31 properties listed for rent in Springvale on OnTheHouse. According to Cotality's data, 411 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.