5 Paradise Road, Slacks Creek QLD 4127

Auction In-rooms at Raywhite Springwood
24/34 Fitzgerald Ave, Springwood

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https://auctionslive.com/app/bidder-registration/8jJnK

Set on a large, level, and flood-free block in a tightly held area, this brick home offers strong land banking potential with valuable exposure.

With ample space at the rear, the block offers clear scope to add a self-contained granny flat (STCA), creating the opportunity for dual income or extended family living. The wide frontage and prominent position also lend themselves well to a home-based business or future subdivision (subject to council approval).

Internally, the home includes three bedrooms, a functional kitchen, and a central bathroom with a separate toilet. The layout is practical and provides a solid base for value-adding improvements. Additional features include a sunroom at the entry, a single lock-up garage, and a paved outdoor area. Access via both street frontages enhances flexibility for future planning.

Whether you're looking to renovate and hold, add a secondary dwelling for dual income, or explore development options down the track (STCA), this is a smart acquisition in an area with consistently strong demand and limited land supply.

Surrounded by established homes, schools, shops, and public transport, the location supports both long-term rental appeal and capital growth. With increasing demand for multi-generational living and affordable secondary dwellings, this property is well-positioned to benefit from ongoing shifts in housing needs.

Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer with an eye for potential, this is a rare chance to secure a property with strong fundamentals and multiple pathways to value creation.

Features:
• 809m2 Large Flat Block & Flood Free
• Prime Exposure with Excellent Potential for a Home-based Business
• Sunroom & Living Room
• Scope to add a granny flat (STCA)
• Solid brick construction - ready for renovation
• Well-positioned in a growth corridor with strong rental yields

Location:
• Walking distance to Parks
• 5 minutes to Mabel Park State School
• 11 minutes to Logan Hospital
• 25 minutes to Brisbane City
• 45 minutes to GoldCoast