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Springwood Core Off Cinderella Drive, Springwood$1.59m
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Springwood Core Off Cinderella Drive

Springwood, QLD 4127, Australia
$1.59m
750 m²

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About this property

ATTENTION INVESTORS & DEVELOPERS This is a unique opportunity in the heart of Springwood, just across the road from Coles, Springwood Hotel and Pub, busway etc to build 16 short term rental apartments of 2bed/2bath/1car. Springwood central, around Coles and the busway, just one minute drive to and from the Pacific Highway, is the preferred location for visitors from NSW and Victoria. Platforms such like airbnb, booking.com, VRBO etc are flooding with interests for towns like Springwood, with easy access to the Pacific Highway. With experience in short term rentals in the region, people will book short term rentals in Springwood for the following reasons: - So convenient location between Gold Coast and Brisbane CBD - Interstate people visiting families - People coming for events and seminars, busway only 2 minutes walk - Interstate consultancy - For Hospital treatment and visit - Sport Competitions (Chandler's Sport Complex, Royal Queensland Yacht Squadron (RQYS), Petrie Shooting field etc etc It is estimated that 16 of 2bed apartment plus secure car park will rent for $250/night, for at lest 250 nights (strict minimum) per year. This can easily totalise a gross annual turnover of $1,000,000. With the 2032 Olympics coming soon, you cannot go wrong with such a building of 16 Short terms rental apartments. For more details, please call Reg on 0412 976 122 or Merinda Kim on 0437 643 181. Note: The building in the deign showing is just an artist impression of a 16 apartments of 2bedroom/2bathroom/1car, that will fit on this 750m2 block.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
750 m²
Listed
3 months ago

Repayment calculator

$7,732/month
$3,866 /fortnight
Loan $1,276,000 at 6.10% over 30 years

Upfront costs

Deposit$319,000
Stamp duty$72,238
Conveyancing (est.)$2,000
Total upfront$393,238
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Springwood

This land in Springwood, QLD 4127 sits within reach of public transport, local shops and nearby schools. It is listed 45% above the $1.10m median of 69 comparable landswithin 5 km.

Schools near Springwood

  • Calvary Christian Collegeprimary · Prep-12 · CoEd
  • Chatswood Hills State Schoolprimary · Prep-6 · CoEd
  • Springwood Central State Schoolprimary · Prep-6 · CoEd
  • Arethusa College - Springwood Campussecondary
  • Springwood State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Springwood Community Centre (bus)109 m away
  • Target209 m away
  • Thornhill Park253 m away
  • Springwood Park270 m away
  • George Swanston Gardens307 m away

Springwood at a glance

Full suburb profile
Population
9,710
Median age
40
Household income
$1,736/wk
Median rent
$380/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Springwood price trend

Median sold · House 3 bed

Compound growth +9.9% / yr over 4 yrs

$985kcurrent median

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