Springvale

849-857 Prices Highway, Springvale, VIC, 3171

Property Description

The property is situated in the established industrial suburb of Springvale, approximately 22 kilometres south-east of the Melbourne central business district, with prominent exposure to Dandenong Road (Princes Highway) and Centre Road. The property is also visible from the busy intersection of Springvale Road and Dandenong Road. Immediately surrounding the property are numerous industrial/service commercial businesses along the main road frontages.

Land area

31,737 m²

The total GLA/retail area

13,458 m²

Bunnings lease commencement date

16/12/2013

Total Property Cost

$27,574,097

Current valuation

$49,600,000

Annual Rent

$2,486,245

Property Location

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