The ever-growing market in Springvale offers another tremendous chance for the prudent buyer to secure a quality investment in the most desirable pocket of Springvale. Literally only a few minutes walking distance to Springvale train station, central shopping and local schools, this rectangular block measuring at 696sqm (approx) offers huge potential in building and further development into multiple dwellings (STCA), or even a dream mansion for generational family living.
Live in or continue to lease out the existing weatherboard home, currently tenanted at $1,499 pcm ($17,988 per year).
In a high demand precinct that has seen massive growth in value over recent years, get in now before it rises even further. Make this your wealth creator or retirement plan, as it's an investment you just can't look past.