Telstra Corporation Limited, along with Transaction Advisor Charter Keck Cramer, have appointed rapidly growing agency Stonebridge Property Group to sell a development site in the Springvale Activity Centre.
The site, located at 18-26 Warwick Avenue, Springvale has a total landholding of 705sqm* of prime Commercial 1 Zone land.
The property also benefits from three (3) street frontages totaling 84m and immediate proximity to the Springvale Road retail strip (accessed via direct rear laneway) providing pedestrian access to the local amenity.
Agents Julian White, Chao Zhang and Max Warren have been appointed to transact the asset.
“Springvale has benefitted from a spectacular increase in popularity leading to its median house increasing 510% since 2000. Springvale ranks 4th overall for all Melbourne suburbs for growth over that same period. Noting this significant increase, we anticipate a future need for development to house the continued gentrification and popularity of Springvale.” Max Warren manager at Stonebridge commented.
18-26 Warwick Avenue, Springvale is for sale via public on-site auction Monday 28th June 2021 at 12.30pm.
Please contact the below exclusive selling agents to obtain further information or to arrange an inspection.
Julian White | 0422 764 137 | JWhite@stonebridge.com.au
Chao Zhang | 0411 625 068 | CZhang@stonebridge.com.au
Max Warren | 0488 296 892 | MWarren@stonebridge.com.au