$2,100,000 for a block to build 16 apartments

0 Bed  •  0 Bath  •  0 Car  •  750m²

Main view of Homely land listing, Springwood Core Off Cinderella Drive, Springwood QLD 4127
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Springwood Core Off Cinderella Drive, Springwood QLD 4127

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$2,100,000 for a block to build 16 apartments

  • 0
  • 0
  • 0
  • 750m²

Land for sale39 days on Homely

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Land description

“16 Short Terms Rental apartments to be built in Springwood Core”

ATTENTION INVESTORS & DEVELOPERS

This is a unique opportunity in the heart of Springwood, just across the road from Coles, Springwood Hotel and Pub, busway etc to build 16 short term rental apartments of 2bed/2bath/1car.

Springwood central, around Coles and the busway, just one minute drive to and from the Pacific Highway, is the preferred location for visitors from NSW and Victoria.

Platforms such like airbnb, booking.com, VRBO etc are flooding with interests for towns like Springwood, with easy access to the Pacific Highway. With experience in short term rentals in the region, people will book short term rentals in Springwood for the following reasons:

- So convenient location between Gold Coast and Brisbane CBD
- Interstate people visiting families
- People coming for events and seminars, busway only 2 minutes walk
- Interstate consultancy
- For Hospital treatment and visit
- Sport Competitions (Chandler's Sport Complex, Royal Queensland Yacht Squadron (RQYS), Petrie Shooting field etc etc

It is estimated that 16 of 2bed apartment plus secure car park will rent for $250/night, for at lest 250 nights (strict minimum) per year. This can easily totalise a gross annual turnover of $1,000,000.

With the 2032 Olympics coming soon, you cannot go wrong with such a building of 16 Short terms rental apartments.

For more details, please call Reg on 0412 976 122 or Merinda Kim on 0437 643 181.

Note: The building in the deign showing is just an artist impression of a 16 apartments of 2bedroom/2bathroom/1car, that will fit on this 750m2 block.

Land details

Area: 750m²

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Springwood Core Off Cinderella Drive, Springwood QLD 4127
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