36 Lakeview Place, Springfield Lakes QLD 4300

Cul-de-sac position in The Promenade | first release since 2012 | 4-bedroom family house on 525sqm | built-in demand from school catchment This property arrives with a rare configuration advantage—a top-of-cul-de-sac position within The Promenade, which is Springfield Lakes’ most tightly held enclave. The 2012 build on a 525sqm block offers a genuine 213sqm of internal floorplan, meaning the house has both space and a modern layout without the premium of brand-new construction. For a buyer seeking a family home with established landscaping and immediate occupancy, this removes the uncertainty of off-plan or renovation projects. The Springfield Lakes State School and Springfield Central State High School catchment is a known demand driver, and the absence of bushfire, flood, or heritage overlays simplifies due diligence. This property suits a family who values quiet positioning, school access, and a floorplan that works from day one. The primary risk is that the property has been tenanted since 2019, which may mean deferred cosmetic updates or wear that a buyer should budget for—allow $15,000 to $25,000 for refresh work if the presentation feels tired. The rental history shows consistent demand at $560 per week, but that figure is below current market estimates, indicating upside for an investor but also that the outgoing tenant may have been paying below market. The block’s 42% building coverage leaves room for future extension or a pool, though the cul-de-sac orientation may limit rear access. The commercial logic is straightforward: buy for the position and school catchment, hold for five to seven years, and treat any cosmetic work as a value-add rather than a cost. Use this property as a long-term family home or a low-turnover rental in a proven corridor.