403 Springvale Road, Forest Hill, Vic 3131

Belle Property Commercial Melbourne East is delighted to present For Sale, this exciting commercial investment opportunity located on busy Springvale Road in Forest Hill. 

Total building area is 162 sqm * which comprises a shop front, food preparation area with walk in refrigerator and a three-bedroom residence at the rear. The retail section is large enough for a restaurant, offices or mixed business and offers three-phase power and split system air conditioning. 

The property is currently tenanted returning $43,000 per annum plus GST and Outgoings. The current two year term commenced on the 1st of December 2024 and there is two further terms each of 2 years.

The two storey residence includes a modern kitchen with adjacent meals / living area, separate laundry, family bathroom, two toilets and three bedrooms on the first floor. The residence is accessible both from the shop at the front or the lane at the rear of the property. Plenty of parking is available in the shopping strip car park and public transport is available on Springvale Road. 

●	Total Building Area 162 sqm *
●	Annual Rent $43,000 per annum plus GST and Outoings
●	Two year lease commenced 01/12/2024
●	Two Further Options
●	Three Phase Power
●	Air Conditioning
●	Abundant Parking
●	Three Bedroom Residence
●	High Profile Location  
●    Commercial 1 Zone (C1Z)

Contact the Mitch Rosam or Nitish Taneja at Belle Property Commercial Melbourne East for more information regarding this fantastic commercial opportunity!