Triple Income Stream in Prime Springvale

Shop 11&12/308-310 Springvale Road, Springvale, VIC 3171

Fully Leased Shops with High Exposure

Positioned along high-profile Springvale Road, these fully leased properties offer excellent rental income across three tenancies with secure, long-term occupants. Whether you're looking to expand your investment portfolio or secure a high-exposure site for future occupation, this opportunity ticks all the boxes.

Key Investment Highlights

- Triple rental income: Two shops, three strong tenancies
- Total combined area: Approx. 311m²
- Commanding 18m frontage to Springvale Road* – unbeatable exposure
- Rear laneway access for convenience and delivery
- Total Net Income: Approx. $168,641 + GST p.a.
- Tenants pay all outgoings
- Annual rent reviews for income growth
- Zoned for commercial use with future development potential (STCA)

Tenancy Breakdown

Shop 11 (205m²) – Two tenants
- Indian Town Grocery – $54,421.20 + GST
- Yoon's Grill (Seating Area) – $57,200 + GST

Shop 12 (106m²)
- Yoon's Grill (Commercial Kitchen) – $57,200 + GST

Strategic Location Advantages

- Next to national retailers: Woolworths, Chemist Warehouse, Australia Post, major banks
- Surrounded by high foot traffic, public transport, and major arterials
- Steps from Springvale Central, train station, shopping centres, and community amenities
- One of Melbourne's most vibrant multicultural hubs with strong long-term growth

For further details or to schedule a private inspection, please contact the team at Ray White Judd White