SOLD
Sold on 20 Dec 2023 for $1,075,000

42 Cinderella Drive
Springwood QLD 4127

Bedrooms: 9
Bathrooms: 4
Car spaces: 6
Floor area: 200m2
Land area: 769m2
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Property Details for 42 Cinderella Dr, Springwood

42 Cinderella Dr, Springwood is a 9 bedroom, 4 bathroom House with 6 parking spaces and was built in 1994. The property has a land size of 769m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 9 bedroom House sold in Springwood in the last 12 months.

Building Type
House
Year Built
1994
Floor Size
200m2
Land Size
769m2
Local Government
Logan City
Lot/Plan
448/RP120493

Last Listing description (September 2023)

A developer dream come true - the perfect location and accessible site for a lucrative residential or commercial project in the bustling centre of Springwood.

This unique two-block sale offers discerning buyers a sensational future development opportunity that features lots of design scope and huge upside potential that simply must be explored.


The large-scale, twin site which comprises two separate freehold titles, occupies a prime corner position and span 1528sqm with sizable frontages and handy dual street entry points.

- Lot 19 - 741sqm and Lot 20 - 787sqm
- Combined land size: 1528sqm
- 36.2m frontage and 32.1m frontage respectively

Already DA approved, the plans permit the construction of:
- Two independent 3 storey multi-residential unit blocks
- Each building design includes 18 apartments in each
- 16 x two bedroom and 2 x three bedroom designs
- Communal green spaces for residential use
- Commercial shops
- Underground car parking and access

The property is located in the heart of Springwood, in immediate proximity to key amenities such as two extensive shopping malls, public transport & motorway entry, childcare and schools plus fantastic recreational choices.

- Directly opposite Springwood Shopping Centre
- Few minutes' walk to Arndale shopping complex
- Easy stroll to local schools, parklands and bus stops


There are numerous other development options suitable for this property including the removal of existing dwellings and construction of two, brand new individual homes for resale or rental purposes. Given the convenient location which has good exposure, another alternative is to submit plans to construct a commercial premises (STCA) for example retail lots for café, restaurant or health & well-being centre.

Enquire now to receive plans and find out all about this exciting development opportunity in thriving Springwood. All inspections are by appointment only.

**All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries**

Property History for 42 Cinderella Dr, Springwood, QLD 4127

A timeline of how this property has performed in the market
Last Sold
$1,075,000
20 Dec 2023
Listed for Rent
$480/w
10 Nov 2016
  • 20 Dec 2023
    Sold for $1,075,000
  • 22 Apr 2021
    Listed for Sale $1,900,000
  • 18 Jan 2019
    Listed for Sale $1.25m
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About Springwood 4127

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 4,212 properties. Over the last 5 years, Houses in Springwood have seen a 89.61% increase in median value, while Units have seen a 129.85% increase. As at 31 October 2024:

  • The median value for Houses in Springwood is $944,750 while the median value for Units is $552,458.
  • Houses have a median rent of $620 while Units have a median rent of $485.
There are currently 34 properties listed for sale, and 46 properties listed for rent in Springwood on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Springwood.

Suburb Insights for Springwood 4127

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.