HUGE BLOCK ZONED FOR 20 APARTMENTS*

60 Timor Avenue, Loganholme, 4129

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799,000 AUDEst. Mortgage: AUD 5,614/monthFor Sale
  • Ownership Type House
  • Property Area 1,892 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Deck
  • Outdoor Entertaining Area
  • Carport: 2
  • Air Conditioning
  • Built-in Wardrobes
  • Split-system Air Conditioning

Property Overview

Calling all developers and land bankers! Huge 1,892m2 block zoned for a potential 20 apartment 3-storey building for great value*

*Subject to council approval. Town planning preliminary assessment complete which can be provided upon request.

Development opportunity or land bank for the future, this location has it all within 1km. A Major shopping centre, schools, doctors, parks, gyms and high-frequency public transport are all at your finger tips.

You can live in the suburbs with great public transport to the Brisbane CBD via the South East Queensland Busway, a bus leaves every 15 mins from the Logan Hyperdome. The Gold Coast is only a 30 minute drive away on the M1.

The neat and tidy low set home with solid rental return or perfect for a family.

This great development opportunity is located within walking distance to the Logan Hyperdome Shopping Complex which includes many Restaurants, Movie Theatres, bus station and an abundance of speciality shops. Also within walking distance to other local schools, medical centres, parks and playgrounds and 24hr FoodWorks. A five-minute drive and you will be at the Riverlakes Golf Course and Tavern, Carbrook Golf Course and Cable Ski World another 5 minutes drive from the property.

What a fantastic central location with easy access to the M1 and Logan Motorway’s and only 20 minutes to the Brisbane CBD, 30 minutes to Brisbane Airport and the sandy beaches of the Gold Coast, 20 minutes to Cleveland and direct access to the Beautiful Moreton Bay!

This property is in a development hot spot and zoned for low-medium residential development (subject to council approval) the opportunity for this land is exceptional.

The property has a street frontage of approximately 22.1m and has a very gentle slope from the rear of the block towards the street.

Property Snapshot:
• Side access
• Fully Fenced
• Tandem carport with additional two space off-street parking in the front of the house
• Covered Pergola with a concreted area for outdoor entertainment
• In the kitchen; double door fridge, dishwasher and wall-mounted coffee machine that comes with the house.
• Mitsubishi air conditioner installed in Oct 2017
• 2 bedrooms (1 large bedroom and 1 smaller bedroom.) Was previously 3 bedrooms but they knocked the wall down to make one large bedroom, easy to put up the wall again.
• Large Garden Shed up the back

Don't delay, get in early and secure this prime development opportunity today!

Call Chris Foenander from NGU Real Estate for further information.

Location on Google Map

60 Timor Avenue, Loganholme, 4129

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