Welcome and thank you for your time, it is appreciated.
Mateen Mohammed in association with Oxbridge is pleased to introduce 37 Cinderella Dve Springwood Qld 4127.
A development site on the border fence of a shopping Centre.
A Commercial Site with a recently renovated spacious dual occupancy in the epicenter of Springwood’s commercial precinct. The investment offers an unprecedented opportunity for an apartment building consisting of 10 units and 4 commercial shops or offices on the ground floor (please view town plan).
Springwood is split between a large commercial precinct on the highway and a large residential area in the East and has an array of different services and facilities for all medical, retail and entertainment needs.
• Zone: Centre
• Land Area: 733m2
• Frontage: 18m
• Flat & level land
• Flood, easement, overlay & bushfire buffer free
• Upscale urban
• Prestigious location
• Easy Council Approval.
You can purchase this property outright or on a long-term settlement.
Fully renovated dual living with 100% rental income.
• 6 Bedrooms (four upstairs, two downstairs)
• 2 Lounge Rooms (one upstairs, one downstairs)
• 2 Full Kitchens (one upstairs, one downstairs)
• 2 Laundries (one upstairs, one downstairs)
• A/C (upstairs & downstairs)
• Big back yard
• Big side access
• Commercial on one side
• Commercial across the road
• Commercial at the back.
Currently rented on a month-to-month basis at $650/week, but because it is now dual occupancy, the rent can be increased to $52,000 – $67,600 pa (STRA).
Comparable for Sale/Sold Apartments:
Carol Ave Springwood: 1bed/ 1bath/ 1Car = $330,000
Athena Grove Springwood: 2bed/ 2bath/ 1Car = $496,000
Murrajong Rd Springwood: 2bed/ 2bath/ 2Car = $525,000
Rochedale South: 2bed/ 2bath/1Car = $615,000+
Braddock St Robertson: 3bed/ 2bath/1Car = $635,000 (96m2)
Tyron St Upper MT Gravatt: 3bed/ 2bath/ 2Car = $742,000 (135m2)
Murrajong Rd Springwood: 4bed/ 3bath/2Car = $750,000
Norton St Upper MT Gravatt: 3bed/ 2bath/ 2Car = $760,000
Gardiner Rd Rochedale 4bed/ 2bath/ 2Car = $828,000
Any site on the border fence of any shopping Centre, anywhere in the world is the most valuable.
Don’t miss out.
Talk$$Me.
Mateen Mohammed
0402 313 028.
mateen@oxbridge.com.au
*(https://www.smartpropertyinvestment.com.au/buying/21281-should-you-buy-property-near-a-shopping-centre).
**https://www.brisbanetimes.com.au/national/queensland/brisbane-metro-to-expand-to-chermside-carindale-and-springwood-20170407-gvgf0j.html
https://www.homely.com.au/sold-properties/springwood-qld-4127?suburbs=rochedale-south-qld-4123,rochedale-qld-4123&propertytype=apartments
https://www.realestate.com.au/property-retirement+living-qld-robertson-139876219
Disclaimer:
Strategies presented here are not to be considered advice.
For advice, please consult your financial planner and accountant.
This is not personal advice.
This is not general advice.