Sold

1 Lorimer Street,
Springwood 4127, Queensland

6 bedrooms
3 bathrooms
6 car spaces
706m² land size
120m² building size
House

$610,000


Features

  • Air Conditioning
  • Double garage

CASH COW - DUAL OCCUPANCY POTENTIAL!

Great opportunity to secure a property brimming with loads of potential inside and out. Situated on a 706m2 flat corner block in the heart of Springwood, which has been zoned for high rise residential building (up to 32m)

This residence has a multitude of uses, currently rented for $860.00 per week to wonderful tenants. This two level home PLUS Grannyflat could be used as two separate residences, one rented the other occupied, OR a large family home perhaps.

Features of House & Granny-flat

* 3 KITCHENETTES
* 3 BATHROOMS
* 5 BEDROOMS with Ceiling fans & built-ins
* Air-Conditioning to 4 Bedrooms
* 3 separate living spaces
* Fully fence yard
* TWO Car lock-Up garage
* Car Accommodation for extra 4 cars
* Separate electricity meters for each tenant
* General Tenancy Agreement for three tenants until January 2020.
* Rental Income of $1,720 per fortnight.


* 5 min walk to Busway Station (20min Brisbane CBD, 10min Griffith University Bus stop)
* Just a stroll away to all shopping (Coles, Woolworths, Dan Murphy's, Post Office), Logan
Library, Logan Aquatic Centre and Gym
* Very close to schools
* Easy access to all freeways (Gold Coast 45min, Brisbane CBD 25min, Airport terminals
25min).


You won't find a better opportunity, so don't walk.... RUN!
For Inspection please contact Marie Garcia on 0416 119 999, as at least a 24 hour notice is required.

DISCLAIMER: Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent.

Explore the area


School catchments

  • Springwood Road State School Primary Prep-6 Government 0.33km
  • Springwood Central State School Primary Prep-6 Government 1.1km
  • Calvary Christian College Primary Prep-12 Independent 1.7km
  • St Peter's Primary School Primary Prep-6 Catholic 1.9km
  • Faith Christian School of Distance Education Combined Independent 2.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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