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We are pleased to offer to the market an outstanding mixed-use residential 4 bedroom 2 bathroom 2 garage home with development opportunity.
Upper Level:
- 3 Large Bedrooms with built in robes
- Good sized kitchen with separate dining and all modern appliances with a stone benchtop
- Large living room
- Good sized covered patios at the front and back which can be used as large entertainment areas
- Family bathroom with convenient separate toilet
- Polished timber floors throughout
- Downlights installed throughout the property giving it a sleek modern look inside
- Aircons installed throughout the property
Lower Level:
- 2 spacious rooms
- Downlights and aircons
- Separate laundry, storage, and open plan area
- Good sized bathroom and a toilet
- Secure garage
- Under deck entertainment area with a separate garden
Rental Income:
- Currently getting a rental income of $750 - $850
Key features include:
? Land Area - 809m?*
? Medium Density Residential Zone
? DA for 15 apartments, five of 2, 3 and 4 bedrooms
? 5 Storey* Height Limit offering northerly views
? Permitted uses include Multiple Dwelling, Motel, Aged Care, Retirement
? Fully serviced level site
? Easy access to Pacific Motorway and other major arterial roads
? Within close proximity to parks, reserves, library, gyms, 50m swimming pool and within the Springwood Road State School and Springwood High School catchments.
? 12 minute walk to Springwood?s Busway Terminal, ideal for city commuters
? 20 minute drive to Brisbane CBD and 50 minutes to Surfers Paradise
? 10 minute drive to Garden City Shopping Centre and less than 1 km to multiple shopping precincts
? 15 minute drive to growing Health and Medical Precinct with expected $550 Million in planned investment, an ideal investment for hospital workers, patients and NDIS investors
? $18.9 Billion planned Infrastructure investment in the regional area
For more information, please contact Mario Economou on 0421 236 859