18 Royal Avenue, Springvale, Vic 3171

$1.8m - $1.98m

Unit
Type
4
Bedrooms
2
Bathrooms
4
Parkings
988 m²
Area

Last updated on Wednesday, June 03, 2026 ( See property details for 18 Royal Avenue, Springvale, Vic 3171)

$1.8m - $1.98m

Gavin Hoo Sales and Marketing Consultant
James Wardrop Sales Executive, Auctioneer (LEA)
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development and investment opportunity in the heart of Springvale with existing residence and strong future potential.

🏡 Property Highlights

  • Prime central Springvale location with high exposure and connectivity
  • Zoned Residential Growth Zone (high-density) offering development flexibility
  • Potential for townhouse or apartment development (STCA)
  • Ideal for commercial use such as medical practice or clinic (subject to approval)
  • Surrounded by retail, business precincts, and public transport including Springvale train station
  • Existing residence with 4 bedrooms, 2 bathrooms, and spacious living areas

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Waterfront / Views
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Springvale is a vibrant suburb renowned for its diverse community, excellent transport links, and strong growth prospects. It offers a mix of retail, dining, and essential amenities, making it highly desirable for residents and investors alike. The area’s strategic location within Melbourne’s south-east ensures ongoing demand and development opportunities. With proximity to schools, public transport, and commercial hubs, Springvale is an ideal place for both living and future growth. The suburb’s evolving infrastructure and high-density zoning make it a prime location for savvy investors seeking long-term value.

What are the development possibilities for this property?
The property is zoned Residential Growth Zone (high-density), allowing for potential development of townhouses or apartments (STCA), as well as commercial uses like medical practices or clinics, subject to council approval.
Is the existing residence suitable for rental income?
Yes, the current four-bedroom, two-bathroom home provides practical living space that can generate interim rental income while planning for future development.
What amenities and transport options are nearby?
The property is within walking distance to retail precincts, schools, public transport including Springvale train station, and essential amenities, ensuring excellent connectivity and convenience.
Are there any restrictions or approvals needed for future development?
Future development plans will require approval from the local council, particularly for high-density residential or commercial projects, and must comply with zoning regulations.
What is the condition of the existing property?
The existing residence is well-proportioned with functional living spaces, suitable for immediate occupancy or rental, with potential for upgrades or redevelopment.
Are there any zoning restrictions or planning overlays that could impact future development plans? What are the potential costs associated with rezoning or obtaining development approvals? Are there any existing easements, covenants, or restrictions on the property? Is the property located in a flood or bushfire-prone area? Are there any nearby construction or planning activities that could affect the property’s value or livability? What are the strata or body corporate considerations if developing multiple units? Are there any hidden costs related to site preparation or infrastructure upgrades? Has a recent pest and building inspection been conducted? Are there any existing planning permits or approvals in place? What are the long-term growth projections for the Springvale area?

18 Royal Avenue, Springvale, Vic 3171 - More Details

$1.8m - $1.98m

Type
Unit
Bedrooms
4
Bathrooms
2
Parkings
4
Area
988 m²

Price guide

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