This exciting development approved townhouse site for 25 large dwellings is designed for the owner occupier. Save time and effort and use an existing Development Approval to profit.
Situated in close proximity to all amenities including schools, shops, public transport, motorways the owner has done all the hard work in obtaining development approval for these extra large townhomes.
The land component is split up into 2 blocks. Lot 58 is situated on 3345m2 and Lot 60 is situated on 4886m2. A total of 8231m2 for the site.
Plans show an abundance of green space on the development approval for grassland and a perfect space for kids to play safe or walk dogs and ride bikes.
The development site has a solid holding income combined of $740 per week and the tenants are currently on fixed leases.
Demand has been strong for such a product and we look forward to sharing the plans and work the current owner has carried out.
We have generated a google drive with all information to help developers do their due diligence.
Expression of interest close March 6th, 2019.
Development Approval for 25 Townhouses
3 bedrooms Designs with additional study
132m2 to 148m2 Designs
Logan City Council
Single Lockup Garages
Extra Large Designs
Rental Income Lot 58 – $490 per week – Expiry 5/4/19
Rental Income Lot 60 – $250 per week – Expiry 3/7/19
0.5 km to Waterford West School
2 km to Logan Hospital
2 km to Train
1 km to Shops
2km to Logan River Boat Ramp
4 km to Motorway
For further details on IM please contact agent Lee Dwyer.