QLD | Logan | Springwood

Springwood

10-12 Marlane Court

$3,400,000+ (Large Medium Density block 1,678m2)

Rare 1,678m2 of land in Springwood Core / Medium Density

Attention Developers & Investors

This property is the only available large land in the heart of Springwood. 1,678 m2 of land in this location, in medium density zoning, is impossible to find such block anymore.

Either you are looking to build 4 pairs of Duplex (8 duplex), or just a compound of townhouses or even a small building, it is all possible and acceptable.

This location is at walking distance to everything, and at just a couple of minutes to the Pacific Highway that is so convenient for families.

Another idea is to build a short term accomodation building of let say 30 apartments of 2 bedrooms, ideal for airbnb, booking.com etc. Springwood is the preferred location for interstate visitors visiting families in Queensland, being at reasonable distance to the Gold Coast, Brisbane CBD, and so close to the Pacific Highway when you just drove a thousand kilometres.

With the Olympics coming fast, this small building of short term accomodation will work around the clock and will bring you a sure and profitable business.

A little feasibility on a short term rental accomodation building:
Nights per year (Strick minimum): 300 nights
Price per night: $250
Number of 2bed/1bath/2toilets/1car: 30

30 apartments x 300 nights x $250 = $2,250,000 turnover per year.

The choice is yours. For info, the Logan Council is in favour of short term accomodations, and the interesting part, is that council requires only 30 car spaces for 30 short term accomodation apartments.

We sincerely think it is a great project.

Please call Reg on 0412 976 122 or Merinda Kim on 0437 643 181 for more information.

- Large 1,678 m2 lot zoned Medium Density Residential
- 2 to 5 minutes walk to Busway station (20 min to Brisbane CBD by Bus), Woolworths, Coles, Springwood Hotel, Dan Murphy's
- Under 2 minutes drive to reach the Pacific Highway entrance either to the Gold Cost or to Brisbane CBD (20 min)
- 10 minutes walk to School

Features

Property ID

21567688

Land Size

1678 Square Mtr approx.

Location

Community Realty

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