PROPERTY DESCRIPTION
DEVELOPMENT OPPORTUNITY! DON’T MISSED OUT!
As it is zoned in the high-rise precinct. This is an amazing opportunity for investor and/or developer as this block is in a prime location that will have no problem attracting business.
40 Cinderella Dr Springwood Local Plan:
• Land Area: 759M2
• Zoning: Springwood Centre – “Centre Core 32meters high”
• Town Planning Approval:
Existing Development Approval
20 Car Spaces
89 sqm ground floor retail
18 Units
(Available online)
42 Cinderella Dr Springwood Local Plan:
• Land Area: 759M2
• Zoning: Springwood Centre – “Centre Core 32metres high”
40 & 42 Cinderella Dr (Combined)
• Zoning as above
• Town Planning Approval:
Existing Development Approval
Reconfiguration of lots
41 Carparks
63 sqm ground floor retail
Can be undertaken as two separate developments
Council incentives introduced 14 March 2017 which offer up to $1million in discounts for headworks. Concepts for schemes that would attract these discounts are below:
New Options:
Potential to comply fully with Council Town Planning Requirements
Mixed Use Development (10 Stories)
Basements: Three level accommodating 82 cars
Ground Floor: Generous Foyer to Apartments
1000m2 Commercial Space
First Floor: 8 two bedroom Courtyard Apartments
Floors 2 to 9: 64 Two bedroom Apartments
72 Two Bedroom Units in total
Rooftop: Communal Recreation Space
ZONED COMMERCIAL – 759m2*
759m2* of Prime Development Land
Potential other uses include medical,place of worship, child care, and restaurant (Subject to Council Approval).
Minutes to M1, Gateway Northbound & Major Connecting Roads.
Priced for quick sale!
Currently tenanted, Call now to book an inspection.
Logan City Council Town Planning/Development Department have confirmed this property is in the Springwood Sub-area 6 Zone.
Zoned Commercial ? however subject to Development Application and Approval for some classifications as below.
Uses in the Council’s Matrix Table show ?
(Code Assessable with Council Approval) Commercial Use ? Commercial Services, Health Care Practice, Veterinary Clinic
(Code Assessable with Council Approval) Other Use ? Child Care, Community Care Centre, Educational Establishment, Place of Worship, Public Facility
(Code Assessable with Council application & approval) ? Restaurant, Services and Trades, Accommodation building, home business, multi-unit development
(Self Assessable) Commercial Use – Development Display and Sales,
(Self Assessable) Residential Use – Group Dwelling
Logan City Council have confirmed they are currently Drafting up a new Planning Scheme that includes Cinderella Drive if you would like to call LCC on 3412 4247 to discuss this Planning Scheme further.