3 Collene Grove, Springwood, Qld 4127

Offers Over $1,450,000

House
Type
4
Bedrooms
2
Bathrooms
5
Parkings
746 m²
Area

Published on Thursday, June 11, 2026 ( See property details for 3 Collene Grove, Springwood, Qld 4127)

Offers Over $1,450,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in a prime Springwood location offering excellent investment and development potential with strong short-term rental prospects.

🏡 Property Highlights

  • Prime location with walking distance to Busway Station, shops, and freeway access
  • Potential for high-yield short-term rental apartments with strong demand
  • Existing well-maintained house on a spacious 746m² rectangular block
  • Zoned Medium Density Residential, ideal for future development of 15 apartments
  • Excellent investment opportunity with short-term rental income potential
  • Close to the upcoming Olympics, promising lucrative short-term accommodation

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Springwood is a highly sought-after suburb offering excellent connectivity, with easy access to public transport, shopping centres, and major highways. Its strategic location between the Gold Coast and Brisbane CBD makes it ideal for both residents and investors. The area is experiencing growth, with upcoming developments and strong demand for short-term rentals. Proximity to the Olympics adds further potential for lucrative short-term accommodation. The community is vibrant, with amenities and services that cater to a convenient lifestyle.

What is the current condition of the existing house?
The house is well maintained and in excellent condition, ready for immediate occupancy or rental.
What are the zoning restrictions for this property?
The property is zoned Medium Density Residential, allowing for the development of up to 15 apartments with 2 bedrooms each.
Is there potential for future development on this site?
Yes, the zoning and size of the block support the construction of 15 apartments, making it a promising development opportunity.
What are the key amenities nearby?
The property is within walking distance to the Busway Station, shops, exit-entrance freeway, and other essential amenities.
What is the estimated income from short-term rentals?
Based on current estimates, 15 apartments could generate over $1 million annually in gross turnover, with high occupancy rates.
Are there any restrictions or approvals required for developing the 15 apartments on this site? What are the potential additional costs for development, including council fees and permits? Are there any easements, covenants, or zoning restrictions that could impact development plans? Has the property been assessed for flood or bushfire risks? Are there any nearby construction or planning activities that could affect the property’s value or livability? Is there any existing strata or body corporate arrangement for the property? What are the ongoing maintenance costs for the current house and future apartments? Are there any known issues with the property's infrastructure or structure? What are the local noise levels and community restrictions? Is the property compliant with all current building and safety standards?

3 Collene Grove, Springwood, Qld 4127 - More Details

Offers Over $1,450,000

Type
House
Bedrooms
4
Bathrooms
2
Parkings
5
Area
746 m²

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