Savills and Gross Waddell are delighted to offer for sale this landmark Springvale corner located at 2-10 Springvale Road and 1690 Centre Road. The property represents a rare chance to redefine a major and high profile suburban site that currently holds a permit for a hotel project.
The key attributes of this impressive opportunity include:
• Major 5,186sq m* corner landholding
• Extensive frontages to Springvale Road, Centre Road and Young Street
• Flexible Commercial 1 Zone with DPO providing for potential development heights of 5-9 storeys*
• Confirmed interest in the project from major hotel operator
• Income potential from current improvements
• Massive passing traffic with 33.58 million* vehicles passing annually^
• Positioned within a strong large format retail precinct including Coles, Bunnings, Springvale Homemaker Centre and M-City
• Central to the renowned Monash Health and Monash University precincts
• A rare opportunity to redefine a major corner site in a high profile location
*Approximate. ^VicRoads
EOI Closed - Offers Under Review
For further information please contact:
Savills:
Clinton Baxter - 0413 569 888
Jesse Radisich - 0402 085 702
Gross Waddell:
Michael Gross - 0419 355 561
Danny Clark - 0448 066 889
Remember to mention you found this property on DevelopmentReady
