A premium office building with a secure income stream has  transacted for $5,100,000 to local real estate agency, Image Realty, who saw the appeal of moving  into Springwood’s best CBD office address and a South East Queensland growth hotspot. 

Following a competitive expressions of interest process, the 1538sqm freehold centre zoned  property located at 16 Cinderella Drive in Springwood was transacted by Colliers Queensland agent  Philip O’Dwyer to Jace Roach of Image Realty. 

Colliers Queensland Investment Services Associate Director Philip O’Dwyer said after a successful  sales campaign with strong engagement from investors, owner occupiers and groups affected by the  recent resumptions for major roadworks, the buyer was ultimately a local real estate agency looking  for a base. 

“This property was attractive to buyers due to the central location that offered a high-end corporate  facility as well as parking and natural light in an area in high demand,” Philip O’Dwyer said. 

“The Logan area has seen significant population growth with the area projected to increase by over  138,000 by 2041. Continued economic and infrastructure development to support this growth will  continue to attract more businesses and investors to the region. 

“This property also offered the opportunity for passive income with two tenancies leased out to  healthcare and medical providers, providing additional benefits to the purchaser. 

“The prime location played a pivotal role in attracting a considerable number of interested parties,  with Springwood located 21 kilometres from Brisbane and opposite Arndale Shopping Centre,” Philip O’Dwyer added. 

Finished in 2006 this modern 2-storey office building over a 1,087sqm flexible floor plate, offers a  high-end corporate facility complete with contemporary amenities and flooded with natural light sitting above 39 secure car spaces. 

The property sits across from the Arndale Shopping Centre with its City Cave health centre and is a  short walk to coffee shops, restaurants and the South East Busway interchange station offering a convenient location in a growing area.

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