Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

+4 Photos

2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

Springvale

×
Sold Check
+6 Photos

2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

Springvale

SOLD
2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

Properties / Sold / Victoria / Springvale
Development Approved
Property Type
Commercial
Land Area
5,186 m² (*approx)
Selling Method
EOI: EOI Closed - Offers Under Review
Show All
MORTGAGEE SALE - Landmark Springvale Corner Site
  • Major Triple Street Fronted Site
  • Flexible Commercial 1 Zoning
  • Permit Approved Hotel Project

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

Read More
Development Approved

2-10 Springvale Road and 1690 Centre Road Development Site Summary

Property Type
Commercial
Land Area
5,186 m² (*approx)
Selling method
EOI: EOI Closed - Offers Under Review

Development Site Highlights

MORTGAGEE SALE - Landmark Springvale Corner Site
  • Major Triple Street Fronted Site
  • Flexible Commercial 1 Zoning
  • Permit Approved Hotel Project

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

Read More
Development Approved

Finance Calculator

2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
2-10 Springvale Road and 1690 Centre Road, SPRINGVALE, VIC 3171 Springvale