25 Springwood Road

Underwood QLD 4119

Recently renovated, considerable investment has been completed, including new kitchen, bathroom, polished concrete floor and carpets, Alfresco entertaining front and back, air conditioning , security and Privacy, etc
The original solid brick garage 6m X 8m was designed with a granny flat in mind, with existing partition walls, plumbing, windows and doors. Great renovation opportunity for extra income. Expected rental as a single bedroom dwelling is approx $250per week.
Great development opportunity with Current Springwood master plan.
Zoning : Medium Density, Medium Rise. Single block 855m2
Dwelling density for future development approx. 20plus dwellings.
Neighbouring development examples with current zoning at 22 Bernice Avenue. Underwood.
I have sold over 10 similar properties in the area with this zoning. This is one of the best sites.
High street visibility site for professional services,home business
Accounting, Legal, Consulting, Allied Health, Building Trades, Real Estate office, etc
Rental Opportunity - The site could suit a rental lease with business interests, rental income expectations over $450-$500pw.
Potential Granny Flat conversion with existing Garage - Expected Rental income $250pw
Property will be sold with Vacant possession.
The seller has genuine relocation plans. This property will be sold.
Across the road from Council Parks and Aquatic Centre.
Minutes away from all major shopping, schools and essential services.
Direct access to M1 north and south.
The Logan City council has recently rezoned Underwood as part of the Greater Springwood Master Plan
Information Memorandum -
Stage1- Towning planning reports . Available on request.
The master plan proposes to physically transform the town's centre, including clear proposals for land use, building, public spaces, pedestrian and traffic movement, supported by a timeline and delivery strategy.
In summary, the Greater Springwood Master plan aims to:
Transform Springwood as the principal commercial centre in Logan integrated with the south east busway
Create a vibrant community heart and new town squares, alfresco dining areas, cinemas, restaurants, art gallery/theatre, parks and open spaces
Provide major upgrades to street lighting, boulevards, road function (traffic, cycle and transit facilities), water, sewer, broadband and energy supply
Deliver higher residential densities close to transit
Disclaimer - All information detailed including future development options contained herein are 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. All listed development options or sizes above and council zoning, require the buyer's own due diligence and are subject to satisfaction of the zoning code & subject to council approval.