Calling all Developers and Investors
Are you looking for a home with opportunities? Opportunities to add value, options for dual occupancy, prospects for future capital growth or Development ? Exclusive agent Ramez Shafik is excited to present to the market 5 Francesca Court. This spacious four bedroom two bathroom home is spread across two levels, with multiple living areas and bedrooms on both floors.

Located close to the major shops in Springwood, with easy access to the Pacific Motorway and Logan Road, the new owners of this home can be to the city in around 20 minutes, while the Gold Coast is also easily accessible.

As you approach the home from the street, you’ll see established palms and lawned areas, as well as a double carport leading to the double garage. There is excellent side access here, so if you’ve got a boat or caravan, this could be a great option. Inside the garage, there is plenty of storage space, as well as a full bathroom and separate sink area. With a rumpus area as well, this could be a great option to create a dual living set up (subject to council & building approvals).

Heading up the external stairs, you enter the home into the first living area. With sliding doors leading on to the front covered veranda, and polished hardwood floors that flow through this level, this is a great space to welcome guests or chill out as a family. The three bedrooms are generous sizes, with the main having built-in robes and additional storage. The kitchen has been recently renovated with stone benchtops, stainless steel appliances and kickboards and crisp white cabinetry. The family bathroom is in excellent condition, and is a fantastic size, incorporating the laundry and linen cupboard.

Heading down some steps to the lower level, where a huge family room will be the gathering place for the whole clan, there is also access to the upper garden level. There is one more bedroom at the rear, which is again an ideal set up for an older child or family member.

5 Francesca Court is complete with a solar hot water system, all plumbing and the roof redone, and with the updated kitchen, much of the hard work has been completed for you. You now have the opportunity to increase the value of this perfectly located family home, or use it as a sound investment property the can provide a multitude of future options.

The Logan City council has recently rezoned Underwood as part of the Greater Springwood Master Plan.

This property is located within the Springwood Master Plan area and its value is set to increase as the local council promotes inner city growth to turn Springwood into a major city between Brisbane and the Gold Coast.

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

For more information, please contact exclusive agent Ramez Shafik today.

At A Glance:

Zoning : Medium Density, Medium Rise.
Dwelling density 140 dwellings per Hectare.
Maximum building height 25m.
Across the road from Council Parks and Aquatic Centre.
Direct access to M1 North and south.
Development Potential – Build 11- 2 Bed 2 Bath Units or 8- 3 Bed 2 Bath Unit (STCA)
4 bedroom 2 bathroom split level highset
Rumpus room, Workshop or 5th Bedroom
Dual Living Potential
Polished hardwood floors
Plenty of options for dual occupancy (STCA)
Double carport and garage
Side access for boat or caravan
Updated kitchen, replumbed and new roof
Multiple living areas
Covered front verandah
Excellent location, poised for growth

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