17 Burden Street Springvale, VIC 3171

On-site Auction Saturday 21st of February @ 1pm. Contact Alan Tran on 0402 268 872 to arrange an inspection.

Quietly tucked away in one of Springvale's most convenient pockets, 17 Burden Street is one of those properties that simply makes sense. Set on a generous allotment of approximately 664m² and made up of three dwellings in total, it delivers immediate income today while leaving plenty of room to think about what comes next (STCA).

Fully restored and designed to be low maintenance, the property has been thoughtfully brought up to a standard that allows investors to step straight in without the burden of ongoing works. Currently privately managed by the owners, it is returning approximately $54,000 per annum, providing a reliable and well-established income stream from day one. Each dwelling is independently functional, with practical layouts, living areas, kitchens and bathrooms that continue to appeal to tenants seeking comfort and convenience.

Beyond the numbers, the land itself does the heavy lifting. The block is regular, usable and well proportioned, with clear access throughout, generous covered carport and alfresco-style areas, and additional storage structures to the rear. Whether held as a set-and-forget multi-income asset, improved incrementally over time, or explored for future redevelopment opportunities (subject to council approval), the flexibility here is undeniable.

Location remains a major strength. Positioned moments from Springvale Central, the home enjoys easy access to shops, dining, medical services and Springvale Station. Minaret College is close by, adding strong appeal for long-term tenants, while a network of major arterials including Springvale Road, Princes Highway, the Monash Freeway and EastLink ensures smooth connectivity across Melbourne.

Offering three dwellings, strong income, low-maintenance ownership and genuine future potential, 17 Burden Street stands as a well-balanced opportunity in a suburb where quality landholdings are becoming increasingly scarce.