3 Collene Grove, SpringwoodQLD 4127

House · 4 bed · 2 bath · 5 car · 746 m²

$1,550,000 Zoned Medium Density Residential

Listing detail

3 Collene Grove, Springwood — photo 1 of 5
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3 Collene Grove, Springwood

Listing data updated 27 July 2026

4 bed2 bath5 car746 m² land

OPEN HOME FOR INSPECTION: On a family's request, this Saturday 1st of August 2026 the Open Home is cancelled. Please call Reg 0412 976 122 or Merinda Kim 0437 643 181 to organise for you a private inspection anytime during the week. Sorry for inconvenience. ON TUESDAY 7 JULY 2026 WE HAD A PRE-LODGEMENT MEETING WITH COUNCIL IN REGARDS OF A SHORT TERM RENTAL APARTMENT BUILDING: Full meeting minutes report available on request. In the photos you can see the page 3 of this report. This property has it all. The existing house is lovely, well maintained, on a 746m block perfectly rectangular, and zoned Medium Density Residential. Buy now, keep it for some time, either you stay in or rent it out, and whenever you can afford it, build a 15 apartments of 2bed/2car/1car building, see drawings, for short term accomodation such as Airbnb, You cannot have a better investment property in this amazing state, ready to go now or whenever you are ready. Short term rentals accomodation of 2 bedrooms plus parking is in high demand in Springwood, especially on the Pacific Highway, between the Gold Coast and Brisbane CBD. This property is at walking distance of Busway Station, exit-entrance freeway, shops, etc, just name it. It is the best location you could ever dream of. With the Olympics game coming fast, you will make a fortune with such small rental apartments. A little estimate for a "15 apartments building" of 2bed/2bath/1car: -15 x $250 per night plus cleaning fee (based on my experience in short term rentals) - We estimate an occupation rate of 275 nights per year So, 15 x $250 per night (excluding cleaning fee) x 275 nights = $1,031,250 This is gross turnover. Please take time to consider, this is a great business. For more information, please do not hesitate to call Reg on 0412 976 122 or Merinda Kim on 0437 643 181.

RealistIQ deal score

Neutral value signal

12

/100

Review the estimated value range, comparable sales, suburb trends, and market signals for 3 Collene Grove, Springwood before you inspect or make an offer.

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Estimate vs market price guide

Market price guide is 20%+ above RealistIQ estimate

Use this as a second opinion and check the comparable sales below.

RealistIQ estimate range: $936,000 - $1,539,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,237,000
Market price guide$1,550,000
$936,000$1,539,000

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Listing details

Status
$1,550,000 Zoned Medium Density Residential

Agent and agency

Contact

Reg de Baritault

Agency

REMAX Community Realty

External listing
larger land

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