41 Watland Street

Springwood QLD 4127

Set on a flood-free 1,014sqm land parcel, this freestanding building is divided into four individual tenancies and is positioned in a high-exposure location. With a diverse tenant mix and consistent income, this property is ideal for investors looking to secure a quality asset with future value-add potential (STCA).
Key Features:

• 1,014sqm flood-free land with 20.3m frontage
• 332sqm* total net lettable area
• 4 established, mixed-use tenancies
• Gross annual income: $114,879.84 inc. GST
• Annual outgoings: $25,276.67
• On-site parking for up to 15 vehicles
• Located approx. 6km from Logan Central and 22km from Brisbane CBD
• Long-term holding in a tightly held pocket

Held in the same hands for over three decades, opportunities like this in Springwood are few and far between. With solid returns and future redevelopment or repositioning potential, this is an ideal investment for both seasoned and entry-level commercial buyers.

For a copy of the Information Memorandum or to arrange a private inspection, contact Solomon Michael from Coronis Inner South today.

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