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Lot 2 on/PS835498F 2 Grace Street & 796-798 Princes Highway SPRINGVALE, VIC 3171

FOR SALE – Childcare Permitted Site with Endorsed Plans + Lease in Place

For Sale FOR SALE - $3,200,000

* Lot 2, 2 Grace St & 796-798 Princes Hwy, Springvale
* Annual Rental $469,000 plus GST per annum
* Secure 10 + 10 + 10 year lease
* High Exposure location, just off Princes Highway which has approximately 37,000 vehicles passing daily
* Town planning permit approved for 134 place childcare centre
* Site Area 1,500sqm (approx.)
* Development Zone General Residential Zone – Schedule 1
* 5 school and nearly 5,000 students within approximately 1.8km, Monash Medical Centre 5km and Springvale Train Station 2.2km
* Planning permit approved for a Medical Centre next door

Contact Wendy Zhou 0422 011 188 or Guido Bonanni 0407 444 808 to receive a detailed memorandum.


ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property Features
  • Childcare
  • Land is 1,500 m²
  • Floor Area is 814 m²
Commercial Features
Highlight 1

Permitted Childcare Development Site

Highlight 2

Tenant in Place

Highlight 3

Rent $469,000 per annum

Inspection Times

No inspections are scheduled at this time.

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