Project Springfield demonstrates one of the core advantages of the Dominion model: the ability to identify and unlock value where other buyers see only obstacles.

The site — a vacant subdivided block in Forest Lake, QLD — had sat unsold due to a one-metre rear drop, heavy overgrowth, and a poorly executed prior subdivision. These conditions deterred most buyers and created the conditions for a strong negotiated purchase price. Dominion levelled the block, prepared a buildable site, and constructed a single-storey co-living dwelling delivering five micro-apartment tenancies on a 420m² block.

Forest Lake was a new market for Dominion. The property leased up in under four weeks — validating structural tenant demand from key workers and downsizers, even in a suburb with limited public transport. The project has maintained full occupancy since completion and delivers a 38% return on investment, with a long-term hold and refinance strategy.