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18 Kemp Street

Springvale, VIC 3171, Australia
Auction
4 bed 3 bath 4 car738m²

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About this property

If you are looking for options and opportunities, look no further. Whether you are a family looking for a great family home, a keen investor looking for an amazing investment opportunity or a developer/builder looking for outstanding value and development potential, this property has it all. An immaculately presented and well-maintained home in the heart of Springvale offers a multitude of options for any discerning buyer. Situated on a large block of prime development land, this 738m2 approx property comes with fully council approved Plans & Permits and ready Working Building Drawings for three stunning architect-designed townhouses. This fantastic project is ready commence at your convenience! The existing home offers a bright, spacious lounge with polished hard wood timber floors, sunlit kitchen with meals area, a cosy and welcoming retreat, as well as three double bedrooms, two bathrooms and toilets, gas heating and air conditioning. A huge under cover pergola entertainment area with outdoor cooking facilities connected to natural gas opens into a beautiful, secluded rear garden, allowing you to entertain and relax in style. There is also a large double lock up garage with the ability to drive through to the back. The real stand out feature of this property is the additional accommodation offered by a fully self-contained, free-standing bungalow with its own driveway entrance. Fully insulated for heat and sound, offering spacious living area, beautiful oak timber kitchen with built-in bar and dishwasher, bathroom, separate bedroom and study, heating and cooling, as well as direct access to the rear garden and pergola. Suitable for a couple or a single person looking for privacy, this wonderful space can be rented out separately or shared accommodation with a family member. Both the main home and the bungalow are currently rented to long-term, stable tenants, bringing fantastic income for an astute investor. Nestled in a prime pocket of Springvale just 2 minutes walk to Springvale Junction Shopping Centre, with everything at your convenience, including Coles Supermarket, pharmacy, and numerous restaurants & shops. Easy access to local schools and kindergartens, multiple public transport options nearby, as well as highways and all major amenities. Just a stone's throw by car or bus to Springvale Central, Springvale train station, Springvale Home Maker Centre, the new M-City complex with multiple shops and restaurants and Village Cinemas. A short drive to Monash University Clayton, Chadstone Shopping Centre and Glen Waverley Shopping Centre. Take advantage of the multiple opportunities that this amazing home presents. The Choice is Yours!

Property Features

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    Repayment calculator

    $4,208/month
    $2,104 /fortnight
    Loan $694,400 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$173,600
    Stamp duty$47,150
    Conveyancing (est.)$2,000
    Total upfront$222,750
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    3
    Parking
    4
    Land Area
    738m²
    Listed
    2 months ago

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