10 Fitzgerald Ave Springwood QLD 4127
- Development / Land
- 1,208 m²
- For Sale, FOR SALE
ICONIC SPRINGWOOD BUILDING IS AND WILL BE THE BEST POSITION IN NEW SPRINGWOOD CBD
Elevated next door to Springwood central shopping village and directly across & overlooking the recently sold Arndale shopping centre, this 1208m2 block with open plan building could be the most strategically advantaged location once the new Springwood CBD takes shape.
Fronting the busy M1 Freeway 20 kilometres south of the Brisbane CBD. The property has the potential to be remixed and modernised and with its "Centre Core" zoning has the ability to be redeveloped into a higher density / high rise complex in the future (STCA)
Internally, the commercial building currently has a Ground floor NLA 536m2* plus Mezzanine NLA of 126m2* providing a total of 662m2*. The most recent long term tenant was paying $250,000 per annum. There is already great on site parking for a business to occupy immediately or completely redevelop.
The potential is massive for this site - sharing the back wall with the Springwood Shopping Mall and commercial properties on either side of the property, this site is currently ZONED "Centre" for mixed use (commercial / business / medium density high rise). This represents the most significant opportunity in the Greater Springwood area to take advantage of the re-zoning of this pocket area.
This property is so versatile that it could be suitable for:
Development - ZONED "Central business" with many options including mixed retail, commercial and residential high rise. (STCA)
Occupying for business - Several notable business activities listed on the Logan City Council site that are intended/preferred on this property (*subject to council approval) are: childcare, community care centre, educational establishment, F&B outlet, health care service, vet, indoor / outdoor sport & recreation, office, residential care facility, shopping centre, theatre, hotel, showroom and many more
Investing for the future - With a location so popular, it is very easy to rent it out while capitalising on its growth potential in the future
When the Greater Springwood Masterplan* unfolds in over the next few years, there would be exciting facilities including a new Town Square, Springwood Art Gallery, Springwood Theatre, public transport service improvements and more. The location is so promising as it is walking distance to many current amenities - Springwood & Arndale Shopping Centres, Springwood Bus Station, parks, offices and Brisbane Lions Club. Plus you are only within a few minutes to local public and private schools and the Pacific Motorway - access to the Brisbane CBD only takes you 20 mins and drive to the beautiful Gold Coast is only 40 mins.
*The Greater Springwood Masterplan 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
|Floor Area||662 m²|
|Land Area||1,208 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||11 Dec 2019|