12-14 Windsor Avenue Springvale, 3171 VIC
Prime Springvale Real Estate
12-14 Windsor Ave represents a great opportunity for the astute investor/developer to acquire a large parcel of prime Springvale real estate in a very convenient location. A regular shaped corner block boasting a 30.25m frontage to Windsor Ave and just under 50m facing St Johns Ave designated Commercial 1 Zone (C1Z) allowing for "vibrant mixed-use" in a multi-storey building in the heart of Springvale. Currently, operating as a Radiology clinic with its own paid carpark on StJohns Ave providing 19 customer car spaces and 3 tandem staff parking spaces. This convenient location is opposite a childcare centre, adjacent to St Joseph's Catholic Primary School and a very short walk to the Springvale market. Established in 2009 the current operators perform numerous medical diagnostic procedures from X-rays to ultra-sounds five days per week for the local community with a small area sublet for blood test services. A renewed five (5) lease was signed in Jan 2023 with a fixed 3% annual rental increase and a further five (5) year option available. Currently annual rental return stands at $247,120 /Anum plus GST and outgoings.
For Sale P.O.A.
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Theresa Huynh