12 Eleanor Avenue

Underwood QLD 4119

Within one of the South's hottest pockets, minutes from the Springwood Mall and M1 links to the Brisbane and Gold Coast CBD, is this single level brick home, on a near laser-level 857m2 of Medium-Residential (MDR) zoned land. It's this land, specifically its location, size, and zoning that make this property such a cracking piece of real estate.

With many of its neighbours snapped up and transformed, the incredible opportunity here is to procure a substantial, extremely workable parcel of land, fully capitalise on its potential, and make way for a multi-dwelling complex in an area that has experienced both considerable recent investment and long-standing growth (STCA).

Approach it as a potential goldmine, live in and land bank, or easily lease out the three bedroom home while you explore the full breadth of opportunity, secure in the knowledge that your capital investment will be highly rewarded. Whatever your timeline or ambitions may be, you simply can't go wrong here.

The location is outstanding. Within 20km from the CBD, this exciting property sits within steps of grocers, gyms, specialty retail, and restaurants at Springwood Mall, and with Underwood Marketplace quite literally around the corner, there's almost endless shopping and dining options nearby. Steps from express CBD buses, it's located for a seamless weekday commute, and with a proposed metro line for Springwood included in a multi-million dollar transport upgrade, getting around is only going to get that much easier.

At a glance:
- Near-level 857m2 parcel, zoned MDR allowing multi-dwelling development (STCA)
- Lot dimensions approx. 21m frontage x 40m deep
- 3 bed brick residence - live in or lease out while plans are drawn
- Extremely popular pocket with new unit & townhouse developments
- Walk to express CBD buses, near-instant access to M1 motorway
- Stroll to Springwood Mall gyms, grocers, dining, specialty retail
- Close access to Kuraby train station & proposed Springwood Metro line
- Swift access to Logan Hospital, Griffith University & Tafe QLD campuses

Opportunities of this kind are very rare. Come along to one of our upcoming open homes or contact the agent, Craig Loudon, if you have any questions.

Disclaimer: Any information provided has not been verified. We recommend that you confirm the accuracy of details before entering into a contract. Tobin Real Estate and its employees cannot be held responsible for any inaccurate details supplied here.

Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.