8 Lightwood Road,
Springvale

Nestled among established local businesses, this property offers unbeatable potential for investors.

Key Highlights:

  • Location: Centrally located in Springvale CBD, directly across from the new Springvale Train Station.
  • Current Lease: Tenanted with a rental income of $46,800 per annum, with an annual increase of 3%, plus outgoings.
  • Lease Details: o Commenced: 10/01/2024 o Term: 3 years o Further Term: 1 x 3 years
  • Business Type: Fusion Palace Thai Malay Burmese Restaurant.
  • Land Area: Approx. 158m2 with rear access.
  • Future Potential: Opportunities for further development (subject to council approval).
  • This is a fantastic opportunity to secure a prime commercial property in a high-growth area. Don't miss out!
  • Terms: 10% deposit - Balance: 30/45/60 days

  • Photo ID required at all our open for inspections and auctions. We may refuse to provide further information on the property should you prefer not to disclose your full cont

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8 Lightwood Road
Price
$880,000
Next inspection
By appointment
Property information
Internal size approx. (sqm)
158
Land size approx. (sqm)
158
Resource
Home loan calculator