2 Kallista Road, Springvale, Vic 3171

$870000 - $957000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings

Published on Thursday, April 09, 2026 ( See property details for 2 Kallista Road, Springvale, Vic 3171)

$870000 - $957000

Andrew Wong Director/Founder of WeSell REAL ESTATE
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile corner property in the heart of Springvale offering excellent development potential and strong rental appeal.

🏡 Property Highlights

  • Prime corner allotment with dual-access potential for development
  • Exceptional walkability to Springvale Train Station and local amenities
  • Well-presented residence with modern comforts including ducted heating and cooling
  • Strategic investment opportunity in high-demand multicultural precinct
  • Potential for multi-townhouse development (STCA) on a generous corner block
  • Strong rental appeal with move-in ready home suitable for tenants

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Home Office / Study
  • Garage / Secure Parking
  • Waterfront / Views
  • Air Conditioning
  • Heating (Ducted/Split)
  • Security Screens / Gates
  • Extra Storage (Shed/Linen)
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2 Kallista Road
Springvale, VIC 3171
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Vertical aerial view — 2 Kallista Road
2 Kallista Road — Vertical Aerial  •  Springvale, VIC 3171  •  Nearmap © 2026

Springvale is a vibrant and multicultural suburb renowned for its diverse community, excellent transport links, and thriving local amenities. It offers a strong growth outlook, proximity to schools and shopping precincts, and a welcoming lifestyle. The area is ideal for investors seeking high rental yields and developers looking to maximise land potential. With ongoing infrastructure improvements, Springvale continues to attract families and professionals alike, making it a prime location for future growth.

What is the development potential of this property?
The property is on a prime corner allotment with dual-access potential, suitable for a multi-townhouse development subject to council approval (STCA).
Is the property currently suitable for tenants?
Yes, the well-maintained home with modern comforts is move-in ready, making it attractive for tenants while development plans are underway.
What are the key features that make this property a good investment?
Its strategic corner position, high walkability, strong rental appeal, and development potential make it an excellent investment opportunity.
Are there any restrictions or approvals needed for development?
Development is subject to council approval (STCA), so potential buyers should verify planning regulations and zoning with local authorities.
What amenities are nearby?
The property is close to Springvale Train Station, reputable schools including Killester College, childcare centres, and a vibrant café and restaurant scene.
Are there any existing planning restrictions or zoning easements on the property that could affect development plans? Has a recent survey or site assessment been conducted to identify potential site constraints? Are there any known issues with the property's structure, drainage, or services that could incur additional costs? What are the council requirements and approval timelines for the proposed development? Is there any nearby construction or planned infrastructure projects that could impact the property’s value or livability? Are there any flood or bushfire risks associated with the property location? What are the strata or body corporate considerations if the property is developed into multiple dwellings? Are there any hidden costs or fees associated with the property purchase or development process? Is the property compliant with all local building codes and regulations? Are there any easements or covenants that could limit future use or development of the land?

2 Kallista Road, Springvale, Vic 3171 - More Details

$870000 - $957000

Prime Investment Opportunity: High-Yield Potential in the Heart of Springvale

2 Kallista Road, Springvale
Price Guide: $870,000 – $957,000 | 3 Bed | 1 Bath | 2 Car | 1 Study

Attention Investors & Developers

Unlock the potential of this prime corner allotment positioned in the absolute heart of Springvale Central—one of Melbourne’s most vibrant and high-demand multicultural precincts.

2 Kallista Road offers more than just a well-presented residence; it represents a strategic asset with significant future upside.

Why This Property is an Investor’s Dream:

• Prime Corner Block Advantage: Generous corner positioning provides the ideal footprint with dual-access potential for a multi-townhouse development (STCA).
• Unbeatable “Walk-to-Everything” Location: Enjoy exceptional convenience just moments from Springvale Train Station, reputable schools including Killester College, childcare centres, and a bustling café and restaurant scene.
• Strong Rental Appeal: Featuring three well-proportioned bedrooms, a study, and modern comforts such as ducted heating and cooling, the existing home is move-in ready—perfect for securing quality tenants while development plans are finalised.
• Strategic Investment Opportunity: Capitalise on Springvale’s consistent growth and unlock the site’s full potential. Whether you’re seeking a comfortable family home or a high-performing investment, this property ticks all the right boxes.

This is your chance to secure a cornerstone of Springvale’s future.

Contact Andrew today to arrange an inspection and explore the development potential of this exceptional corner site.

Note: Development subject to council approval (STCA).
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2

Price guide

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