Coronis Inner South is proud to present a tightly held commercial investment in the heart of Springwood. After 32 years of ownership, this standout asset at 41 Watland Street is now being offered to the market, providing a rare opportunity to acquire a multi-tenanted freehold with secure income and strong fundamentals. AUCTION DETAILS: In-Room Auction - Unless Sold Prior Date: Wednesday, July 23rd, 2025 Venue: 532 Lutwyche Road, Lutwyche Time: Registrations from 5:00pm | Auction Commences at 5:30pm Set on a flood-free 1,014sqm land parcel, this freestanding building is divided into four individual tenancies and is positioned in a high-exposure location. With a diverse tenant mix and consistent income, this property is ideal for investors looking to secure a quality asset with future value-add potential (STCA). Key Features: • 1,014sqm flood-free land with 20.3m frontage • 332sqm* total net lettable area • 4 established, mixed-use tenancies • Gross annual income: $114,879.84 inc. GST • Annual outgoings: $25,276.67 • On-site parking for up to 15 vehicles • Located approx. 6km from Logan Central and 22km from Brisbane CBD • Long-term holding in a tightly held pocket Held in the same hands for over three decades, opportunities like this in Springwood are few and far between. With solid returns and future redevelopment or repositioning potential, this is an ideal investment for both seasoned and entry-level commercial buyers. For a copy of the Information Memorandum or to arrange a private inspection, contact Solomon Michael from Coronis Inner South today. Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Email enquiry to Coronis - LUTWYCHE
Property ID: 504890676
Original Property ID: 504890676