2 Athena Grove
Springwood QLD 4127
7 Bed • 3 Bath • House
It can't get any better when you can grab a Commercial property with multiple dwellings on site all producing high rental yield and can be used for a variety of purposes. Situated in of the most prime locations in Springwood! Rarely do properties in this location with such potential come on the market. Currently, a reputable medical practice is running from the premises which can be converted or rented to a variety of different businesses or can be used as a large home office. Spacious floorplan with the commercial area, dual entrances, multiple parking spaces, large floorplan, and an option to make it an open space. Fully renovated, commercial fit outs, water, and termite proof barriers, with a large parking bay and spots at the rear of the property. The options are endless with this property with a great ROI, perfectly suits investors, home buyers or business owners alike. Rental Appraisal: - Commercial dwelling: $78,750 p.a approx - Upstairs house: $550-$580 pw - Downstairs house $450-$500 pw - Total: $120,000 - $130,750- $134,910 p.a approx Few features: - Upstairs: A separate 3 Bed 1 Bath dwelling upstairs with it's own little courtyard and entrance. - Downstairs: 2 Bedroom, 2 Bathroom dwelling with an additional commercial space of 225m2 - Open plan Commercial dwelling with large reception, offices, storage room and a bathroom - Multiple parking spaces at the front - More parking at the rear (separate side entrance) - Additional ambulance parking bay - Corner block with maximum street exposure for any business - Right opposite to springwood shopping centre - Fully renovated with new fit outs and fixtures - Termite & water barriers installed within the structure to make the property fully secure and sound from any hazards This site is on such a convenient address located just on the fringe of the Springwood CBD, Springwood and Arndale Shopping Centres, the M1, local buses and the Springwood bus interchange, parklands and quality schools. This represents the most significant opportunity in the Greater Springwood area to take advantage of the re-zoning of this pocket area. The Greater Springwood Masterplan aims to: + Transform Springwood as the principal commercial centre in Logan integrated with the southeast 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 With Springwood prices booming and set to become the 3rd biggest town centre in Southeast Brisbane, this site represents great value. Private inpsections after expression of interest only. Call Syed @0416 498 295 Or visit www.syedali.raywhite.com for any queries or to register your interest before it hits the market. Disclaimer: All information contained herewith, including but not limited to the general property description, price, and the address, is provided to Ray White Rochedale by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
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