8 Yiannis Court, Springvale, Vic 3171

Crabtrees Real Estate are pleased to offer 8 Yiannis Court, Springvale For Sale

The property is currently leased to EKKA Enterprises Pty Ltd trading as Club 8 Springvale on a brand new 10 year which commenced on 1st December 2024 and is currently returning $148,954.80 per annum. 

Located in this tightly held Springvale industrial precinct, this well-established business has been operating from this same location since 1997 and was awarded Best Brothel in Australia in 2019.

Situated and surrounded by the Springvale Homemaker Centre and high end retailers such as Ikea and Bunnings, 8 Yiannis Court is also located in close proximity to Westall Road and Dandenong Road/Springvale Road junctions with easy access to Monash M1 Freeway.

INVESTMENT FEATURES:
+ 10 year lease from December 2024 
+ Currently returning $148,954.80 per annum (net)
+ Annual increases of 3.5% 

PROPERTY FEATURES:
+ Total building area of approximately 500 sqm* 
+ Front reception with large waiting area
+ 6 professionally fitted rooms all with showers and 3 rooms with spas 
+ Air conditioned and heated throughout
+ Securely gated car parking
+ Security and camera system
+ 10Kw solar system with 42 roof panels
+ Close to shops & public transport

Crabtrees Real Estate is built on history, reputation and expertise. 

We offer a level of knowledge others can't match. 

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!