Crabtrees Real Estate are excited to offer via Public Auction this outstanding commercial freehold site with enormous development potential (STCA) located in the heart of the vibrant Springvale retail centre with unbeatable street presence.

Major property features include:

+ Current passing net rent of $79,183 + GST
+ 2 separate tenancies with both leases expiring March 2020
+ Zoned commercial 1 under City of Greater Dandenong
+ Huge multi level development potential (STCA)
+ Located within the Springvale Activity Centre
+ Retail/Shop area approximately 150m2
+ Total land size approximately 571m2

Springvale is currently undergoing a major re-vitalization of its town centre with the re-development of the train station being the major catalyst. The property is located in the heart of the Springvale Activity Centre which has been identified by the council as a major catchment of future redevelopment and growth.