1-3/11 View Road, Springvale, Vic 3171-Image

For Sale

1-3/11 View Road, Springvale, Vic 3171

$2,500,000

Block Of Units

Type

Bedrooms

Bathrooms

Parkings

1,144 m²

Area

Last updated on Thursday, June 04, 2026 ( See property details for 1-3/11 View Road, Springvale, Vic 3171)

$2,500,000

View the agent price guide.

Ricky Nguyen - Real Estate Agent - iSell Group - SPRINGVALE

Ricky Nguyen Property Sales Manager & Auctioneer

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Johnny Nguyen - Real Estate Agent - iSell Group - SPRINGVALE

Johnny Nguyen Sales Associate

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment opportunity featuring three well-appointed units on a large block with redevelopment potential in a highly sought-after Springvale location.

🏡 Property Highlights

Rare opportunity to acquire an entire block of three units on a substantial 1,144sqm allotment.
Immediate combined rental income of approximately $80,000 per annum with strong long-term upside.
Potential for redevelopment into luxury new homes (STCA), increasing capital value.
Prime location within walking distance to Springvale Shopping Centre and essential amenities.
Excellent connectivity with nearby buses and Sandown Park Station.
Tightly held investment with scope for future growth and development.

✨ Key Features

Garage
Air Conditioning
Built-in Robes
Open-Plan Living
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
Open-Plan Living
External Access

Suburb and Property Insights of Springvale, VIC 3171

Springvale is a vibrant suburb renowned for its diverse community, excellent amenities, and strong transport links. It offers convenient access to shopping centres, schools, and public transport, making it ideal for families and investors alike. The area boasts a mix of residential and commercial properties, with ongoing development and growth prospects. Its strategic location ensures easy connectivity to Melbourne CBD and surrounding regions. Springvale’s lively atmosphere and amenities make it a highly desirable place to live and invest.

Frequently Asked Questions

What is the current rental yield for this property?

The property currently generates an approximate combined rental income of $80,000 per annum.

Is there scope for redevelopment or subdivision?

Yes, the property offers outstanding scope for redevelopment into luxury homes (STCA), subject to council approval.

What amenities are nearby?

The property is within walking distance to Springvale Shopping Centre, local schools, community facilities, and has excellent transport links including buses and Sandown Park Station.

Are there any restrictions or zoning considerations?

Potential buyers should verify zoning and planning regulations with local council to confirm redevelopment possibilities.

What are the property’s condition and included features?

The units are well-maintained, featuring open-plan living, heating and cooling, built-in robes, and external access to laundries.

What to ask about this property to agent?

Are there any existing planning restrictions or easements on the property that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks in the area? Are there any upcoming development or construction projects nearby that could impact the property’s value or livability? What are the strata or body corporate arrangements, if applicable? Are there any hidden costs associated with the property, such as maintenance or council rates? Is the property compliant with all local building codes and regulations? Are there any known defects or issues with the units or the land? What are the zoning regulations and are there any restrictions on subdivision or redevelopment? Is there any history of pest infestations or environmental concerns? Are there any noise or neighbour-related issues that could affect the property’s desirability?

1-3/11 View Road, Springvale, Vic 3171 - More Details

$2,500,000

Type: Block Of Units
Bedrooms: 9
Bathrooms: 3
Parkings: 6
Area: 1,144 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Interactive Property Floorplan - 1-3/11 View Road, Springvale, Vic 3171

Living Room

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1-3/11 View Road, Springvale, Vic 3171 - Point Of Interest

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Your Commute at a Glance: 1-3/11 View Road, Springvale, Vic 3171

Email Enquiry To iSell Group - SPRINGVALE

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1-3/11 View Road, Springvale, Vic 3171

$2,500,000

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