This property is a house on a parcel in 2/RP134890 Loganlea QLD. It has an approximate value of $380,000. Constructed in 1980, featuring 4 bedrooms and 2 bathrooms.
Development Opportunity with Fantastic Rental Return A rare opportunity has become available for a clever investor to hold, develop and capitalise on the markets opportunity to reap the rewards. Well located it offers plenty of options to invest in a location favoured by council for growth.Situated only walking distance to Loganlea Train Station (Express Station) and surrounded by quality established developments you can be confident in the area with close to proximity to Meadowbrook shopping centre, Logan Hospital, Local facilities & Tafe QLD.With Recent Zoning changes the property offers multiple development options such as Townhouses, Auxiliary Units, Units, Dual Occupancy, etc (Subject to Council Approval).The outstanding investment sits on a large, square and favourably flat block of 850m2. The home itself is positioned towards the front side providing sufficient side access for future developments and still retain the current dwelling. Furthermore you can find a solid brick home that offers plenty of room for a large family. The current tenants take pride in looking after the home and would love the opportunity to extend further.Earn passive income with no headaches and develop when the time is right for you!Zoning: Low to Medium Density Residential (Residential Edge)Home Features:- Four Spacious Bedrooms- Two Well Maintained Bathrooms- Huge Side Access- Two Car Garage- Double Shed with additional car storage- Large Entertaining Area- Multiple Living AreasLocation:- Access to Logan Motorway (1min)- 40 min drive to Gold Coast- 25 min drive to Brisbane CBD- 12 min walk to Loganlea Train Station, Woolworths, Logan Hospital & Tafe QLDIf you are looking for a solid investment opportunity, make sure this one is on your list!!