152 Springfield Road,
Blackburn, VIC 3130

Ray White Commercial proudly presents this unique opportunity to secure a prime positioned freehold with tremendous exposure to Springfield and Blackburn Roads. Ideal opportunity for an owner occupier or investor to see the potential this site has to offer, with a median house price of $1,202,000 approximately and an annual capital growth 11.43%, will ensure your investment will continue to grow. The property is situated within a Residential Zone which enables this property to be utilized as your principle place of residence or apply for a permit to operate a food and drink premises, convenience shop or even a convenience restaurant (STCA). Complete with ample value add options and close to major arterials of Eastlink and Whitehorse Road will ensure your plans for this investment will meet success.

The property boasts the following features:
• Land area | 167m2 approximately
• Building area | 70m2 approximately
• Zoning | Residential GRZ
• Great exposure to Springfield Road
• Close to major arterials, Eastlink, Whitehorse Road
• Strong median house price
• No GST payable