5 Elm Grove, Springvale VIC 3171

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: An increasingly rare opportunity in the heart of Springvale Central, 5 Elm Grove presents a standout development prospect on a generous rectangular allotment of approximately 673 square metres. Positioned in one of Springvale's most tightly held and high-demand locations, this site offers exceptional scope for redevelopment or multi-townhouse potential, subject to council approval. The flat, usable block and premium location make it an ideal project for developers, builders and investors seeking strong future returns. The existing three-bedroom home provides holding income or short-term accommodation while plans are prepared, adding flexibility and value from day one. With Springvale Central, the train station, local schools and major amenities all within walking distance, demand for new dwellings in this location remains consistently strong. Opportunities of this size, position and potential are becoming harder to secure. This is a land purchase driven by location, convenience and long-term upside. Secure your next development project in one of Springvale's most strategic growth pockets. Presented with pride by Coco Ma Real Estate. PROPERTY HIGHLIGHTS Approximate land size of 673 square metres Rectangular allotment ideal for redevelopment Prime Springvale Central location Strong potential for multi-townhouse development, subject to council approval Existing three-bedroom dwelling offering holding income Walking distance to Springvale Central, train station and schools Close to shops, transport and major arterial roads High demand area with strong resale and rental appeal For more Real Estate in Springvale, contact Coco Ma Real Estate TODAY! Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers/tenants are requested to take such action as is necessary to satisfy themselves with any pertinent matters.