For Sale

8 Elm Grove, Springvale, VIC, 3171

$1,150,000 - $1,250,000

2
1
1
652 m²

House

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What's around 8 Elm Grove

Prime Springvale Opportunity with Exceptional Development Potential (STCA)

Positioned in one of Springvale's most convenient and well-connected pockets, this exceptional property presents a rare opportunity to secure a substantial landholding with exciting future prospects. Whether you're looking to land bank, redevelop or expand your investment portfolio, the possibilities here are hard to ignore. Currently leased to established tenants, the property provides immediate rental income while you plan for the future. With its generous allotment, this is an outstanding opportunity for developers and investors to capitalise on the growing demand for quality housing in this thriving suburb. Subject to council approval (STCA), the site offers excellent potential for a multi-unit or townhouse redevelopment, allowing you to maximise the value of this premium parcel. Surrounded by established homes and ongoing residential development, the location continues to attract strong buyer and tenant demand, making it an ideal site to secure now and unlock its full potential in the years ahead. Property Highlights: • Substantial landholding with exceptional redevelopment potential (STCA) • Currently leased, providing immediate holding income • Ideal land banking opportunity while planning future development • Existing dwelling offering flexibility for investors and developers • Positioned in an area experiencing continued residential growth Location Highlights: • Walking distance to Springvale Central's vibrant shopping and dining precinct • Close to Springvale Train Station and multiple bus routes • Near local schools, medical facilities and everyday amenities • Minutes from Springvale Homemaker Centre and surrounding retail hubs • Easy access to Princes Highway, Monash Freeway and EastLink With immediate rental returns, significant land value and exciting redevelopment potential (STCA), this is a compelling opportunity for developers, builders and investors looking to secure a blue-chip site in one of Melbourne's fastest-growing south-eastern suburbs. For more Real Estate in Springvale, contact Coco Ma Real Estate TODAY! Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary to satisfy themselves with any pertinent matters.

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