7 Kraatz Ave , Loganlea QLD 4131

Offers over $1.5 Million

3,981m2 DA Approved 19 Townhouses & Holding Income!

Investment Opportunity Highlights:
• Current Development Approval for 19 Townhouses - Comprising 13 lots with 3-bedroom, 2-bathroom, 2 Car accommodation, and 6 lots featuring 4-bedroom, 2-bathroom layouts, also with 2-car accommodation.
• The lot covers 3,981 m² with a rectangular shape and approximately 39.5 m of frontage along Kraatz Avenue
• The property includes strong holding income with a 3-bedroom brick and tile home, currently leased until November 2024. The tenant has expressed willingness to extend the lease on a month-to-month basis thereafter.
• The land is clear of significant vegetation, ensuring a smooth and straightforward development process.
• The property is part of the Urban Footprint of South-East Queensland (SEQ), further underscoring its prime suitability
• A comprehensive development pack has been prepared and is available upon request for interested parties. This pack includes all relevant approval plans, reports, and planning documentation, providing a thorough overview of the development's scope and potential.

Location:
This exceptional development opportunity is located in Loganlea, within Logan City-Queensland's fastest-growing Local Government Area, poised to reach a population of 553,000 by 2024. With high demand for housing and infrastructure in this booming region, developers can capitalize on the immense growth potential.

The site is ideally situated just 800 meters from the expanding Logan Hospital, benefiting from a $540 million upgrade, further boosting the area's appeal. Additionally, the Loganlea train station, only 450 meters away, offers express services to Brisbane's CBD, ensuring strong future demand from both residents and investors. This is a prime opportunity to secure a foothold in a high-growth, high-demand location.

• 450m Loganlea Train Station
• 800m Logan Hospital & Medical Precinct
• 500m Loganlea High School
• 900m Meadowbrook Shopping Centre
• 1.2km TAFE
• 1.8km Riverdale Park
• 2.0km Motorway Access
• 2.4km Griffith University
• 28 km Brisbane CBD
• 36 KM Brisbane Airport

Property Details

• Land Area: 3,981 m² (approx)