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SE Queensland's population growth was the highest in Australia in 2019/2020 and is expected to continue to surge throughout the next few years, including house & particularly land values.
Approximately half of people moving to SE Queensland are moving into a Logan address.
As such, developers stand to reap great rewards by providing the stock to simply meet the command. Properties like this will be in high demand, yet seldom will they come gift-wrapped like this one, perfectly prepared for one astute developer to immediately realize a straight-forward development and turn a profit!
This site measures 1.62ha(four Acres) and currently has a DA(development approval) and BA(Building approval) for up to 36 lots(House & Land).
The site is flat and mostly cleared resulting in minimum earth works for sewer, storm and alike.
Initial estimates indicate each lot would have a market value circa $350,000 each, representing up to $12,600,000 in sales at completion of the project.
DA, BA and House & Land market details are available upon request.
This site is perfectly located close to all major amenities and connections to Gold Coast(40 minutes), Sunshine Coast(60 minutes) and Brisbane City(30 minutes) via the Logan Motorway just a couple minutes drive away.
The local area has well established infrastructure and is set to experience future residential expansion. Situated within a short distance are local shops and major retail and commercial precincts. The main shopping complex is Grand Plaza at Browns Plains, which also hosts the bus terminal which services the city and surrounding areas.
Call, text or email today for more information.
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