3 Collene Grove, Springwood QLD 4127

FEATURES & SELLING POINTS: • 746m² Block - Square Block • Medium Density Residential - Future Development Possibility • 4 Bedrooms all with built-ins • 2 Bathrooms, 2 Living areas • Pool with a 8.4m x 3.8m Shed and 3 x 2.8m Storage attached Large partially enclosed outdoor entertaining area - perfect for entertaining • Development Potential • Springwood Road State School 0.5km distance • Springwood State High School 1.26 km distance • The Centre @ Springwood filled with a chemist, local shops, doctors, amenities 4.8km • 4 minute drive to Access the highway to Gold Coast or Brisbane • Tenanted until 30th June 2026 on fixed @ $700 p/w now converted to periodic • Last Rental Increase 1/7/2025 Positioned on a generous 746m² block in one of Springwood's most strategically located pockets, 3 Collene Grove presents an exciting combination of established family living, substantial land and future development potential. The existing home is a generously proportioned four-bedroom, two-bathroom residence with all the fundamentals of a great family property. With solid bones, functional living spaces and plenty of room to make your own improvements, there is scope to enjoy the home as it stands, renovate and add value over time, or explore the possibilities that the land presents. Outside, the property continues to impress with a private swimming pool, substantial shed, covered entertaining area and an abundance of usable space, providing the flexibility that families look for and developers can appreciate. The real opportunity, however, lies beneath the existing home. The property is zoned Medium Density Residential, providing a level of development potential that is increasingly difficult to find in such a well-connected location. Depending on your concept and subject to Council approval and relevant planning requirements, the site has the potential to accommodate a development of up to seven storeys. For developers, investors and buyers looking beyond the conventional family home, this is an opportunity to secure a substantial parcel of land in a location surrounded by established infrastructure, transport and commerce. Just moments from the Pacific Motorway and positioned within the heart of Springwood's commercial precinct, the property places you close to shops, dining, professional services and the area's growing business hub - effectively Springwood's own micro-CBD to Logan City. Whether you are looking for a substantial family home with room to grow, a renovation project with excellent underlying land, or a site worthy of further investigation, 3 Collene Grove offers versatility, scale and future potential in equal measure. Disclaimer: All development potential is subject to Council approval, planning requirements and the specific development concept proposed. Prospective purchasers should make their own enquiries with the relevant authorities and obtain independent professional advice regarding the suitability of the property for their intended use. Development potential is indicative only and subject to Council approval, planning controls, site-specific requirements and the proposed development concept. Any reference to a potential seven-storey development is not a guarantee of approval. Prospective purchasers should conduct their own enquiries with Logan City Council and obtain independent professional advice regarding zoning, development potential and suitability for their intended use. All information provided is a guide only and should be independently verified. Disclaimer: The information provided herein is based on sources considered reliable, but it is strongly recommended to verify its accuracy independently. Harcourts Asset do not assume responsibility for any inaccuracies or errors in the information provided. Photos are for visual reference only and may not depict current conditions. This includes but is not limited to virtual staging and or furnishings depicted, item removal or photo editing for advertising purposes. Harcourts Asset strongly recommend visiting the property in person for an accurate assessment.