41 Watland StreetSpringwood QLD 4127
Property Details for 41 Watland St, Springwood
Last Listing description (July 2025)
Coronis Inner South is proud to present a tightly held commercial investment in the heart of Springwood. After 32 years of ownership, this standout asset at 41 Watland Street is now being offered to the market, providing a rare opportunity to acquire a multi-tenanted freehold with secure income and strong fundamentals.
AUCTION DETAILS:
In-Room Auction - Unless Sold Prior
Venue: 532 Lutwyche Road, Lutwyche
Time: Registrations from 5:00pm | Auction Commences at 5:30pm
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.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 41 Watland St, Springwood, QLD 4127
- 23 Jul 2025Sold for $1,275,000
- 21 Jun 2025Listed for Sale Auction
- 29 Jan 2024Listed for Rent - Price not available
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About Springwood 4127
The size of Springwood is approximately 6.1 square kilometres. It has 20 parks covering nearly 11.1% of 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 4,251 properties. Over the last 5 years, Houses in Springwood have seen a 116.10% increase in median value, while Units have seen a 142.86% increase. As at 31 December 2025:
- The median value for Houses in Springwood is $1,151,494 while the median value for Units is $677,197.
- Houses have a median rent of $670 while Units have a median rent of $520.
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