1 & 2/7 Gray Street
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About this property
The two properties offer an exciting investment opportunity in Springvale's central sit on a 690 m2 (Approx.) block, offering a tightly held portfolio with a high capital growth rate for investors seeking high rental income. This immaculate family home is beautifully maintained and has quality finishes throughout, exceptionally positioned in a highly sought after and convenient location. These unique homes have the wow factor, with high ceilings a feature throughout the house. Ex-Features Included: Unit 1 • Presenting terrific convenience and a walk-to-everywhere lifestyle • Huge potential for future development to demolish and build 2 townhouses (STCA) • Offering 3 bedrooms, all with built-in wardrobe, floorboard throughout • Formal and informal living areas with floorboard for easy maintenance • Spacious family bathroom and convenient separate toilet • Stainless steel kitchen appliances make cooking a delight and cleaning effortless. • Double Remote-control garage with rear access Unit 2 • Exceptional investment promising a consistent rental return • Air-conditioned family living area for summer comfort • Modern Caesar stone kitchen with stainless steel and gas cooktop • The main bedroom enjoys the luxury of full-length, built-in wardrobes • Offering 3 bedrooms, all with built-in wardrobe, • Carpet in all bedrooms for warmth and comfort • Family bathroom with separate bath and shower and floor to ceiling tiles for easy maintenance • Remote control garage with internal access Living on this peaceful street in the sought-after suburb of Springvale, your family will enjoy an enviable position that puts you within walking distance to schools, parks, cafés, and shops, not to mention public transport links in all directions. Enjoy your years here in this lovely neighborhood with all the amenities nearby. Motivated sellers and excellent value! It will sell quickly, so call today.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 690 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Springvale
This 3-bedroom house in Springvale, VIC 3171 sits within reach of public transport, local shops and nearby schools. It is listed 53% above the $860,000 median of 71 comparable houseswithin 5 km.
Schools near Springvale
- Minaret Collegecombined · Prep-12 · CoEd
- Heatherhill Primary Schoolprimary · Prep-6 · CoEd
- Spring Parks Primary Schoolprimary · Prep-6 · CoEd
- Springvale Rise Primary Schoolprimary · Prep-6 · CoEd
- Killester Collegesecondary · 7-12 · Girls
What's nearby
- Unnamed (bus) — 1.3 km away
- Westall Timber — 1.4 km away
- Springvale Reserve — 1.0 km away
- Unnamed — 1.3 km away
- Victoria Avenue Reserve — 1.4 km away
Springvale at a glance
Full suburb profile- Population
- 22,174
- Median age
- 36
- Household income
- $1,402/wk
- Median rent
- $357/wk
- Median mortgage
- $1,750/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Springvale price trend
Median sold · House 3 bed
Compound growth +3.3% / yr over 4 yrs
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Full Springvale marketThis listing
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Listing price changes
1 price change recorded for this property
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