27-29 Watland Street, Springwood, QLD 4127 | Commercial for sale | OnTheHouse
 
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27-29 Watland Street
Springwood QLD 4127

Bedrooms: -
Bathrooms: -
Car spaces: 20
Floor area: 1057m2
Land area: 2028m2
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OUTSTANDING COMMERCIAL INVESTMENT - FULLY LEASED WITH STRONG RETURNS

Located in the highly active Springwood commercial precinct, this versatile property presents an exceptional opportunity for investors seeking secure long-term rental income. Currently occupied by five established lessees, the building offers a reliable income stream within a well-maintained complex.
Property Overview
This ground-floor 205m² warehouse/shed delivers excellent functionality, featuring high roller-door access, a mezzanine level for storage or office use, and ample onsite parking. The layout accommodates a wide range of business types, making it a strong long-term performer. Previous uses include a gymnasium, liquor storage facility, and general warehouse.
Key Highlights
- Secure investment with five long-term tenants
- 205m² ground-floor warehouse with high clearance
- Mezzanine level ideal for storage or office fit-out
- High roller-door access suited for deliveries and operations
- Ample onsite parking for staff and customers
- Situated in a complex with four thriving retailers and service operators
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Property Details for 27-29 Watland St, Springwood

Building Type
Commercial
Floor Size
1057m2
Land Size
2028m2
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About Springwood 4127

The size of Springwood is approximately 6.1 square kilometres. There are 20 parks, covering nearly 11.1% of the total area. The population of Springwood in 2016 was 9148 people. By 2021 the population was 9710 showing a population growth of 6.1% in the area during that time. The predominant age group in Springwood is 30-39 years. Households in Springwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springwood work in a professional occupation.In 2021, 66.80% of the homes in Springwood were owner-occupied compared with 68.20% in 2016.

Springwood has 4,373 properties. Over the last 5 years, Houses in Springwood have seen a 96.46% increase in median value, while Units have seen a 170.39% increase. As at 31 July 2026:

  • The median value for Houses in Springwood is $1,177,104 while the median value for Units is $753,596.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 35 properties listed for sale, and 36 properties listed for rent in Springwood on OnTheHouse. According to Cotality's data, 174 properties were sold in the past 12 months in Springwood.

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