12 Olympic Ave, Springvale South is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 904m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Its Addressed:
Ruby Vo proudly presents an extraordinary opportunitya rare find nestled on a sprawling 911m2 approx. block featuring two separate dwellings!
Dwelling 1: Step into a haven with 3 spacious bedrooms, an L-shaped living space seamlessly connected to an open kitchen and laundry area. This dwelling boasts a renovated bathroom, a separate toilet, and features floorboards throughout with tiled wet areas. Enjoy the comforts of gas heating, ceiling fans, vertical blinds, and a split system.
Dwelling 2: Experience luxury in the 4-bedroom layout. The master bedroom, located downstairs, offers a full ensuite and BIR, while the other bedrooms are upstairs with a well-appointed bathroom and separate toilet. The large kitchen opens to an expansive living and dining area, providing a serene and spacious atmosphere.
The property includes an old pool area repurposed for underground storage, a large double carport, and an expansive garden for cultivating your vegetables. Orchid gardens await, providing a perfect space to showcase your beautiful orchid collections or hanging plants. A rainwater tank is available to nourish the garden.
For the Future: Already approved plans and permits for a 4-unit site: 3x three-bedroom double storey townhouses with double car garages and a single two-bedroom unit with a single car space at the back of the block.
Located in the highly sought-after pocket of Springvale South, this family-friendly area offers proximity to amenities such as a nearby church, Burden Park, Early Beginnings Childcare Centre, Killester College, Heather Hill Primary School, and Keysborough Collegeall within walking distance.
Convenience is at your fingertips with shopping options at Springvale or Springvale South Shopping Centre, offering a global array of cuisines. Additionally, 10 minutes to Parkmore Shopping Centre, 15-20 minutes to Glen Waverley, and approximately 30km from Melbourne CBD.
Whether you plan to live in or invest, this property promises a bright future, as large blocks like this are becoming increasingly rare. Current rental income stands at approximately $40,900pa for the two properties. Act now and secure your slice of an exceptional future!
For more Real Estate in Springvale South contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
The size of Springvale South is approximately 4.5 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Springvale South in 2016 was 12768 people. By 2021 the population was 12766 showing a population decline of 0.0% in the area during that time. The predominant age group in Springvale South is 20-29 years. Households in Springvale South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springvale South work in a labourer occupation.In 2021, 69.90% of the homes in Springvale South were owner-occupied compared with 71.10% in 2016.
Springvale South has 4,788 properties. Over the last 5 years, Houses in Springvale South have seen a 16.07% increase in median value, while Units have seen a 33.46% increase. As at 28 February 2026:
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