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5 Ursula Court, Springwood, QLD 4127, 3 Bedrooms, 1 Bathrooms, House

Under Contract $1,222,000

5 Ursula Court, Springwood, QLD 4127

3
1
2
870m2
HouseListed on Mon Sep 30
Estimated price

Springwood 3 Bedroom Massive Development Potential with 870m2 Medium Density Zoning

AUCTION ALERT: Mark your calendars for an unmissable event on Wednesday, October 30th at Ray White Rochedale G4/1 Centre Place, 467 Underwood Road, ROCHEDALE SOUTH, QLD 4123. Doors open at 5:00pm, with the auction kicking off at 6:00pm sharp.

Located in the high in-demand area of Springwood and part of the Logan City Council's strategic plan for development, this prime parcel of land offers many opportunities to the astute buyer.

This property offers an unbeatable opportunity to capitalise on the booming development in Springwood. The 870m? block with medium density residential zoning is perfect for developers or

investors looking to create modern, high-demand housing. Although the existing house needs some love, its prime location makes it a worthwhile investment with plenty of future potential.

The purpose of the zoning under code is to achieve the following outcomes (STCA):

- Multiple dwellings - Apartments

- Dual occupancy (auxiliary unit)

- Home based business

- Residential care facility

- Retirement facility

- Rooming accommodation or short-term accommodation

- Childcare centre

- Community care centre

- Community residence

- Small scale Food and drink outlet

- Function facility

- Small scale Health care service

- Indoor sport and recreation

This site is on such a convenient address located just on the fringe of the Springwood CBD, Springwood and Arndale Shopping Centres, the M1, local buses and the Springwood bus interchange, parklands and quality schools. This represents the most significant opportunity in the Greater Springwood area to take advantage of the re-zoning of this pocket area.

Property Features:

-Three bedrooms with built in robes

- Main bathroom and two toilets

- Modern open plan kitchen, living and dining

- Split air conditioning system

- Security screens throughout

- Two car spaces in garage plus a double carport

- Fully fenced 870m2 block

- Currently tenanted at $650 per week until 29 September 2025

The Greater Springwood Masterplan aims to:

-Transform Springwood as the principal commercial centre in Logan integrated with the southeast

busway

-Create a vibrant community heart and new town squares, alfresco dining areas, cinemas,

restaurants, art gallery/theatre, parks and open spaces

Don' t miss this incredible real estate opportunity!!!

Instructions are clear from the vendor; this property MUST BE SOLD ON OR PRIOR TO AUCTION.

Disclaimer: All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties should rely solely on their own enquiries.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Springwood Road State School
0.54 km
Primary
Prep-6
Government
icsea: 1012
Springwood State High School
0.68 km
Secondary
7-12
Government
icsea: 975

Property history

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For developers

lot520
planRP123534
zoneCodeMEDIUM DENSITY RESIDENTIAL
primaryZoneDescriptionMEDIUM DENSITY RESIDENTIAL
URLhttps://www.logan.qld.gov.au/planning-scheme-1

Springwood surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
36 Cinderella Drive, Springwood
0.08 km
4
2
320m2
Year 2024 Month 12 Day 04
-
Council approved
27 Lenore Crescent, Springwood
0.23 km
6
3
-m2
Year 2024 Month 11 Day 03
$1,200,000
Council approved
10 Lauretta Avenue, Springwood
0.13 km
6
2
253m2
Year 2024 Month 10 Day 01
$1,045,500
Council approved
303/30 Cinderella Drive, Springwood
0.26 km
2
2
-m2
Year 2024 Month 08 Day 16
$571,000
Council approved
16/4 Amie Court, Springwood
0.17 km
3
1
-m2
Year 2024 Month 07 Day 17
-
Council approved

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Ref:3169185Last update:2024-12-20 04:14:22