817 Princes Highway, Springvale VIC 3171

Ideally located in this fantastic established residential and retail area of Springvale which is approx 25km south-east of central Melbourne, within a couple minutes to local shopping centre and close to buses, local schools and Monash University, sits this amazing real estate opportunity. One title, comprising of two 2-bedroom units. This classic property is sitting on a gold mine! With a huge land size of 769sqm (approx) in a blue-chip pocket of Springvale, this is ideal for developers looking to build multiple dwellings or an investor looking to land bank for the future.

Each dwelling comprises 2 bedrooms and 1 bathroom; a practical layout with open plan living, dining and kitchen. This huge block of land offers the new owner with 2 existing units with high rent income.

Unit 1 features:
- Spacious lounge
- Kitchen
- Meals area
- 2 large bedrooms with built-in robes
- Central bathroom
- Laundry facilities
- Sunroom
- Private backyard
- Expected rental income: $330 per week

Unit 2 features:
- Spacious lounge
- Kitchen
- Meals area
- 2 large bedrooms
- Central bathroom
- Laundry facilities
- Private backyard
- Double garage
- Expected rental income: $330 per week

This is a rare chance to secure a rewarding long-term investment, as well as securing a block with abundance in potential!