Great Income Opportunity – $685+pw

DEVELOPMENT POTENTIAL – 20+ Units with Medium Density Zoning
Combine 13 and 24 Francesca to create 1,826m2.

Inspection by appointment – Robert Zander 0412 440 187

Dual income potential + Develop + Invest

Dual occupancy, suitable for home business,
Accounting, Legal, Consulting, Allied Health, Building Trades, Real Estate office, etc

Recently renovated, considerable investment has been completed, including new kitchen, bathroom, air conditioning , security and Privacy.

Rental Opportunity – The site could suit a rental lease with business interests, rental income expectations over $425-$450pw.

Additional Granny – Expected Rental income $250+pw.
This property qualifies under Logan City planning for the larger sized granny flat option due to the large parcel of land it consists of.

Additional Features-
-Rare to find huge 1085 m2,
-Freshly polished wooden floors throughout,
-4 bedrooms with ceiling fans.

Zoning: Medium Density, Medium Rise.

Combined SITE
Join 13 and 24 Francesca to create 1,826m2
Stage 1 – Town planning Report available on request

Zoning: Medium Density, Medium Rise. Single block 1085 sqm

Great development opportunity with Current Springwood master plan.
Zoning : Medium Density, Medium Rise. Single block 698m2
Dwelling density for future development approx. 15plus dwellings.
Neighbouring development examples with current zoning at 22 Bernice Avenue. Underwood.

Information Memorandum –
Stage1- Towning planning reports . Available on request.

I have sold over 10+ similar properties in the area with this zoning. This is one of the best sites.

Property will be sold with Vacant possession.

The seller has genuine relocation plans. This property will be sold.

Across the road from Council Parks and Aquatic Centre.

Minutes away from all major shopping, schools and essential services.

Direct access to M1 north and south.

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

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

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.