* Motivated owner - will be sold
* Long lease in place (until 27/05/2030)
PRICE: Auction 15 March 2023 at 11:00am onsite at LJ Hooker office (unless sold prior)
BUILDING AREA: 61 sqm
Location
Located approx. 20kms southeast of the Brisbane CBD in the Brisbane-Gold Coast corridor, this area boasts a mix of commercial, industrial and retail properties. The area has strong surrounding population growth and mixed demographic of its workforce. Springwood is well serviced by the Pacific Motorway, which provides links to both the north and south of the area with the Logan Motorway and Gateway Motorway. The precinct includes retail, service and light industrial businesses. For some businesses the highway road frontage provides optimal exposure to highway & interstate traffic
The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of total area. The population of Springwood in 2011 was 8,990 people. By 2016 the population was 9,140 showing a population growth of 1.7% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation. In 2011, 69.6% of the homes in Springwood were owner-occupied compared with 68.2% in 2016.
Springwood has 4,250 properties. Over the last 5 years, Houses in Springwood have seen a 106.32% increase in median value, while Units have seen a 104.60% increase. As at 31 July 2024:
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