Excellent Development - 3,981m2 with DA Approved

FOR SALE

land real estate, Loganlea QLD

Attention to Investor and Developers, here is an Excellent Development Opportunity with DA Approval in place.
The location for the property is just PERFECT, within 450m to Train Station, short walking distance to Logan Hospital, Griffith University, shopping village, and easy exit to motorway, you will not find a more conveniently located property.
It is located in the Loganlea Local Area Plan, future capacity upgrade on train line is in planning, very strong potential to grow in the area. Great for buyers with a long term plan in place.

Currently set on this fantastic 3,981m2 block is a 3 bedrooms brick & tiles house, which is having a brilliant tenant with Lease Agreement till Nov 2024. After that, the tenant is happy to continue the lease month by month until the actual development work starting, it will give you a steady income stream while you prepare the development work.

Included in the sale are DA approved plans for multiple dwellings consisting of 19 modern townhouses, which including 13 Lots with 3-2-2 floorplan and 6 Lots with 4-2-2 plan. All of the proposed plans, stormwater management and ecological assessment are ready to be enquired from the agent.

Fast action to secure this exceptional Golden Opportunity, contact Sam for more detail information and make your offer.

Disclaimer: All information found in this document has been collected from sources that believe to be reliable. However, we are not able to offer any guarantee about the information contained and therefore interested parties should also make their own investigations and research.

More Information

Property Overview

Category: land
Details: 3 1 2
Price: FOR SALE
Area: 0m2

Property Features

Air Conditioned

Investment Information

Gross Return: $ (not disclosed)
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Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: (not disclosed)
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}