Back 141 Springvale Rd
Off Market

141 Springvale Rd

Springvale VIC 3171

4
1
1
697 m²
House

Overview

Strategic GRZ3 development opportunity - Plans & Permit approved

An exceptional opportunity awaits savvy developers / builders and investors with this prime 697m² allotment with 15.24m frontage, rear access and no easements. Complete with approved and endorsed plans and permit for four double storey townhouses (3 x 3-bed, 1 x 2-bed). Ideal for those seeking a ready to go project in a well connected, evolving precinct, or owner occupiers prepared to give the property a refresh before calling it home. Currently hosting a comfortable, solid 4 bed, 1 bath brick veneer home with custom built in wardrobes in 3 bedrooms, ducted heating, split system air con, near-new Bosch gas hot water unit and Single Lock Up Garage. Perfectly located within the less restrictive GRZ3 zoning: 9 mins (650m) walk to Springvale Train Station Northbound bus stop 95m away Southbound bus stop 160m away 15 mins (1100m) walk to Coles 3 mins (260m) walk to Warner Reserve - playground, parkland, exercise equipment, BBQ, picnic tables, public toilets, basketball court etc. 15 mins (1000m) walk to the popular and locally famous Bun Bun Bakery in the heart of the Springvale shopping and restaurant precinct. Approx. 7 mins drive to M-City Shopping Centre Approx. 9 mins drive to Monash University Approx. 12 mins drive to The Glen Shopping Centre Approx. 15 mins drive to Chadstone Shopping Centre Approx. 14 mins (1km) walk to Springvale Rise Primary School Approx. 14 mins (1km) walk to Minaret College Opportunities like this are rare - with in-demand townhouse plans already in place and a potential solid income stream if rented out in the interim - don't miss your chance to capitalise on this ready-to-go development site. Viewing by prior appointment only. Government issued photo ID required. The Phone Code for this property is: 57407. Please quote this number when phoning or texting. Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Features

4 bedrooms
1 bathroom
1 carspace
697 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Springvale over the last 12 months, the estimated median property value of 141 Springvale Rd is $973k.

Median value
$973k
Estimated value range
$832k - $1.52m
Median days on market
26
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Springvale. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 141 Springvale Rd

2025
Sold
Undisclosed
Private Sale/Treaty on 15 Oct 2025

Happy sellers in Springvale

86%
86% of sellers in Springvale reported that their sale price either exceeded or met their price expectations.

Springvale stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 53 reviews in Springvale over the last 12 months.

Local market activity for 4 bedroom houses in Springvale

In the last 12 months, 32 four-bedroom houses similar to 141 Springvale Rd, have been sold.

This represents a 24% decrease in four-bedroom houses sales when compared to the previous 12 months.

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