7/1 Springfield Lakes Boulevard, Springfield Lakes, QLD 4300 | Property Value & History | OnTheHouse
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7/1 Springfield Lakes Boulevard
Springfield Lakes QLD 4300

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Property Details for 7/1 Springfield Lakes Bvd, Springfield Lakes

Building Type
Commercial
Local Government
Ipswich

Last Listing description (June 2020)

ResortBrokers have been exclusively appointed to sell the leasehold interest in the Springfield Lakes Hotel, a 20 room boutique hotel in booming Springfield, Australia's fastest growing emerging city. With corporate, medical, local visitation and sporting clientele; this hotel sees strong occupancy, solid repeat clientele and low competitor landscape. The rooms are simply HUGE and show very little signs of any wear and tear presenting in a modern and well maintained fashion. Built in 2008 but fully relaunched in 2014, the rent is very much in line with industry averages, with a strong net profit of approx $330k. Currently run under management, the experienced and very loyal manager could easily be retained to make this a semi or fully passive business venture.


- Net profit of $328k per year
- Strong growth potential for hands on operator
- Retain current managers for a more passive business venture
- One of the best quality small hotels in SEQ
- Long 24 years left of lease
- Low competition region
- Property inspections are by appointment only

Property History for 7/1 Springfield Lakes Bvd, Springfield Lakes, QLD 4300

A timeline of how this property has performed in the market
  • 09 Mar 2020
    Listed for Sale $1,195,000
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About Springfield Lakes 4300

The size of Springfield Lakes is approximately 8.8 square kilometres. It has 29 parks covering nearly 8.5% of total area. The population of Springfield Lakes in 2016 was 15318 people. By 2021 the population was 17211 showing a population growth of 12.4% in the area during that time. The predominant age group in Springfield Lakes is 30-39 years. Households in Springfield Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springfield Lakes work in a professional occupation.In 2021, 55.60% of the homes in Springfield Lakes were owner-occupied compared with 49.30% in 2016.

Springfield Lakes has 6,572 properties. Over the last 5 years, Houses in Springfield Lakes have seen a 108.61% increase in median value, while Units have seen a 96.24% increase. As at 31 December 2025:

  • The median value for Houses in Springfield Lakes is $975,160 while the median value for Units is $740,133.
  • Houses have a median rent of $650 while Units have a median rent of $495.
There are currently 16 properties listed for sale, and 23 properties listed for rent in Springfield lakes on OnTheHouse. According to Cotality's data, 408 properties were sold in the past 12 months in Springfield lakes.

Suburb Insights for Springfield Lakes 4300

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.