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We are pleased to offer to the market an outstanding mixed-use residential 4 bedroom 2 bathroom 2 garage home with development opportunity.
Upper Level:
– 3 Large Bedrooms with built in robes
– Good sized kitchen with separate dining and all modern appliances with a stone benchtop
– Large living room
– Good sized covered patios at the front and back which can be used as large entertainment areas
– Family bathroom with convenient separate toilet
– Polished timber floors throughout
– Downlights installed throughout the property giving it a sleek modern look inside
– Aircons installed throughout the property
Lower Level:
– 2 spacious rooms
– Downlights and aircons
– Separate laundry, storage, and open plan area
– Good sized bathroom and a toilet
– Secure garage
– Under deck entertainment area with a separate garden
Rental Income:
– Currently getting a rental income of $750 – $850
Key features include:
• Land Area – 809m²*
• Medium Density Residential Zone
• DA for 15 apartments, five of 2, 3 and 4 bedrooms
• 5 Storey* Height Limit offering northerly views
• Permitted uses include Multiple Dwelling, Motel, Aged Care, Retirement
• Fully serviced level site
• Easy access to Pacific Motorway and other major arterial roads
• Within close proximity to parks, reserves, library, gyms, 50m swimming pool and within the Springwood Road State School and Springwood High School catchments.
• 12 minute walk to Springwood’s Busway Terminal, ideal for city commuters
• 20 minute drive to Brisbane CBD and 50 minutes to Surfers Paradise
• 10 minute drive to Garden City Shopping Centre and less than 1 km to multiple shopping precincts
• 15 minute drive to growing Health and Medical Precinct with expected $550 Million in planned investment, an ideal investment for hospital workers, patients and NDIS investors
• $18.9 Billion planned Infrastructure investment in the regional area
For more information, please contact Mario Economou on 0421 236 859
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