OFF MARKET ENTRY LEVEL DEVELOPMENT OPPORTUNITY WITH MASSIVE ROI

38 Garfield Road, Logan Central, 4114

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Contact for PriceFor Sale
  • Ownership Type Residential Land
  • Property Area 1,300 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 24th Sep, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Land bank or Develop!<br/>Build up to 6 High set 3 Bed Units or 5 Lowset large Villas (DA Available). DEVELOPMENT BLOCKS ARE RARE - Here is an exciting off market entry level development site, half way between the two major cities of Brisbane & the Gold Coast!<br/><br/>A flat, FLOOD FREE, 1310m2 block with subdivision potential and LMR zoning which could allow for Townhouses, Dual Occupancies, Multiple Dwellings, Residential Care Facilities as well as non-residential uses such as Childcare Centres.<br/><br/>You are just walking distance to Woodridge Train Station, State Schools, local shopping and easy highway access to both Brisbane and the Gold Coast. With everyone wanting to get closer to the action with the Olympics coming, it won't be long before resale values skyrocket making this a sure thing investment!<br/><br/>THE PLANNING REPORT FOR 5 Low-Set Units: (All plans are available on the council website: https://devet.loganhub.com.au/#/properties/195638)<br/>- Low set solid brick construction<br/>- 3 Bedroom 2 bathroom each<br/>- Double garage<br/>- Massive floor plan of 140m2<br/>- Verandah and private gardens<br/>- Plenty of guest parking<br/>- Management rights<br/>- Sewage pipes not crossing over the property<br/>- 2 Separate buildings. Building A: 3 Units ; Building B: 2 Units<br/>- Option to change the DA/Planning to 6 High set smaller units (approved on the street for smaller blocks)<br/>- Final sale price of at least $550,000-$580,000 each unit<br/>- All plans are available on the council website (https://devet.loganhub.com.au/#/properties/195638)<br/>- 20M FRONTAGE<br/>- 64.4M DEPTH<br/>- FLOOD FREE BLOCK!<br/><br/>Location:<br/>- 1 min - Karawatha Forest<br/>- 1 min - Woodridge High School<br/>- 2 mins - Woodridge Primary School<br/>- 2 mins - Train Station<br/>- 3 mins - Logan Central Shopping Centres<br/>- 3 mins - Logan City Council<br/>- 5 mins - Islamic College of Brisbane (ICB)<br/>- 7 mins - Bunnings Warehouse<br/>- 10 mins - Underwood<br/>- 15 mins - Sunnybank<br/>- 25 mins - Brisbane<br/>- 30 mins - Gold Coast<br/><br/>All offers are welcome, owners are motivated to sell to the right buyer for the right price so submit your best offers to secure it as you will not see such opportunities off market every day in this pocket.<br/>Contact TEAM SYED @0416 498 295 today to arrange a private viewing and discover the endless possibilities that await you.<br/><br/>Disclaimer:<br/>All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

Location on Google Map

38 Garfield Road, Logan Central, 4114

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