68 Springvale Road, Nunawading, Vic 3131

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House
Type
5
Bedrooms
2
Bathrooms
4
Parkings
765 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 68 Springvale Road, Nunawading, Vic 3131)

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A versatile five-bedroom family home on a large block, perfectly positioned for redevelopment or rental income in a sought-after Nunawading location.

🏡 Property Highlights

  • Expansive 765 sqm block ideal for redevelopment (STCA)
  • Lapsed planning permit for three townhouses, ready for reapplication
  • Original five-bedroom home providing immediate rental income
  • Prime location close to Eastern Freeway for easy city and Peninsula access
  • Walking distance to top schools, parks, and community amenities
  • Convenient public transport options with bus stop at the door

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Garage
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Nunawading is a vibrant suburb renowned for its excellent schools, lush parks, and convenient access to public transport and major roads. It offers a family-friendly environment with a variety of retail, dining, and recreational options, making it an ideal location for both living and development. The area’s proximity to the Eastern Freeway ensures easy commutes to Melbourne CBD and the Mornington Peninsula, appealing to professionals and families alike.

What is the current condition of the house and the land?
The house is a five-bedroom family home in good condition, situated on a large 765 sqm block suitable for redevelopment (STCA).
Can the existing planning permit be reactivated or modified?
The previous planning permit for three townhouses has lapsed, and a new application will need to be lodged to proceed with redevelopment plans.
What are the nearby amenities and transport options?
The property is close to excellent schools, parks, shopping precincts, and has a bus stop at the door providing quick access to Nunawading train station and the Eastern Freeway.
Is the property suitable for multi-family or townhouse development?
Yes, the large allotment and existing planning permit make it an ideal site for townhouse redevelopment (STCA).
What rental income can be expected from the current house?
The five-bedroom home can be leased out for immediate cash flow while planning redevelopment.
Are there any restrictions or easements on the property that could affect redevelopment plans? Has a recent survey or soil test been conducted on the land? Are there any existing planning or zoning restrictions that could impact the proposed development? What are the potential costs involved in reapplying for the planning permit? Is the property located in a flood or bushfire-prone area? Are there any upcoming council or community plans that could influence the property’s value or development potential? What are the strata or body corporate considerations if subdividing or developing multiple dwellings? Are there any known issues with the existing house, such as structural defects or required repairs? What are the current council rates and any additional levies applicable? Is there any ongoing or planned construction nearby that could impact the property’s privacy or value?

68 Springvale Road, Nunawading, Vic 3131 - More Details

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Type
House
Bedrooms
5
Bathrooms
2
Parkings
4
Area
765 m²

Price guide

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