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QLD | Logan | Springwood

Springwood

6 Athena Grove

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A Ten-Storey Building in the Heart of Springwood with the new zoning!

ATTENTION DEVELOPERS: The Logan City Council has re-zoned the Heart of Springwood to accommodate High-rise Apartment Buildings.

28 Appartments in the heart of Springwood!

If you are not ready to develop now, the solid and massive 4bed/1bath is still in very good shape with a new kitchen and bathroom, and with some renovation could become a great home for your family, with a massive back garden.

Whenever you will decide tp develop, the future complex will be right in the centre of Springwood and less than 200 metres walk to Woolworths and other prime retail shops, restaurants and lifestyle amenities, and a few extra metres to the Springwood busway station and vehicle access to the pacific motorway. Situated just off the main road, this big block is zoned to accommodate an apartment building up to 32 metres high. That's approximately 10 storeys! And with the planned town square, cinemas, shopping precinct and art gallery on the doorstep... This will be an enviable and sought after location in the future.

Considering the location and the size of this block, this represents the most significant opportunity in the Greater Springwood area to take advantage of the re-zoning of this pocket area to accommodate high-rise apartment buildings.

The new zoning, 200 dwellings per 10,000m2, allows 19.38 dwellings on this 969m block (info: 1bed apt = 0.5 dwelling, 2bed apt = 0.7 dwelling, 3bed+ apt = 1 dwelling). In clear, on this property we could have a combination of 28 apartments for example as follows:

6 apartments of 1 bedroom = 3 dwellings (6 x 0.5)
20 apartments of 2 bedrooms = 14 dwellings (20 x 0.7)
2 Penthouses of let say 4 bedrooms = 2 dwellings (2 x 1)

Total: 28 apartments = 19 dwellings, just under the authorised number of dwellings.

The picture is clear; Springwood must cater for more families in and around the emerging Springwood CBD - the evolving business and cultural heart of Logan City as set out in the Greater Springwood Master Plan. With the new 5 lanes freeway now connecting the Brisbane CBD to Springwood, it is clear that the development has already started. Be a part of this significant development.

-Zoned for a High-rise Apartment Building (32 metres high max / 10 storeys approximately)
-6 Athena Grove is a block of 969 m2 / potential for 28 apartments
-2 minute walk to multiple supermarkets, coffee shops, restaurants including the Brisbane Lions Club, banks, post office, gym, schools, health cares, fuel station and the Springwood Busway Station with direct link to the Brisbane CBD (20 min)
-Easy access to the Pacific Highway to the Gold Cost (40min) and to Brisbane CBD (20min)
-25 min to Airport terminals

Features

Property ID

20532952

Land Size

969 Square Mtr approx.

Location

Community Realty

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