Impressing with a generous 848m² block (approx.), this humble abode offers immeasurable value and potential. Bolstered by prime positioning in the heart of Springvale Central, residents are mere steps from shops, eateries, banks, health services, Springvale Station, buses, Springvale Reserve, St Joseph's Catholic Primary, and Springvale Rise Primary. Additionally, the property enjoys proximity to Westall Secondary College, Killester College, Monash University, Springvale Homemaker Centre, and M-City Shopping Centre, with easy access to Princes Highway, M1 Freeway, and Eastlink. Currently tenanted, prospective buyers have the option to extend the lease, renovate (noting kitchen was recently refreshed) or knock down and rebuild (STCA). Developers may also be interested in the simultaneous sale of 6 Victoria Ave next door, presenting a significant opportunity to purchase both lots, combining the land for a multi-dwelling residential development (STCA). Brimming with potential, this outstanding property is sure to entice families looking to realise their dream home vision, as well as savvy investors eager to expand their portfolios. Whether you are interested in 4 Victoria Ave alone or considering the dual purchase of both properties, this opportunity is not to be missed! Current Rental Income for 4 Victoria Ave: $3,000 pcm Current Rental Income for 6 Victoria Ave: $2,950 pcm
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Property ID: 145802108