2244 Logan Road, Upper Mount Gravatt QLD 4122

Auction

• Sat 15 February @ 2PM 15/02/2025 02:00 PM 15/02/2025 02:00 PM Australia/Sydney Auction for 2244 Logan Road, Upper Mount Gravatt QLD 4122 2244 Logan Road, Upper Mount Gravatt QLD 4122 Ray White Springwood and Shailer Park false DD/MM/YYYY

Auction

RARE OPPORTUNITY - Prime High-Density Residential Development Site Ready for Construction Directly Across Garden City Westfield Shopping Centre

Key Property Features:
. DA Approved: 7-storey residential building with 14 units
. Site Area: 726m2; with a 16.1m frontage along the Logan Road
. Gross Floor Area (GFA): 1524.5m2
. Zoning: High-density residential
. Site Coverage: 92.36%

This exceptional development site presents a rare opportunity for developers, with Development Approval (DA) for a 7-storey residential building comprising 14 units. Situated on a 726m2; parcel of land with 16.1m of prime Logan Road frontage, this site offers excellent exposure and accessibility. The project is designed to maximize returns, with a Gross Floor Area (GFA) of 1524.5m2; and high-density residential zoning. The 92.36% site coverage ensures optimal land use, making it an attractive investment in a rapidly growing area.

Unit Mix:
. 3 x 1-bedroom units (66.3m2; each)
. 7 x 2-bedroom units (ranging from 84.9m2; to 86.0m2;)
. 4 x 3-bedroom units (ranging from 109.5m2; to 116.6m2;)
. Functional layouts with private open spaces (POS) for each unit
. Roof terrace with shared amenities and landscaped garden areas

Designed to cater to various market segments, the development offers a carefully considered unit mix, featuring functional layouts and private open spaces for each residence. The spacious roof terrace includes shared amenities and beautifully landscaped garden areas, providing residents with an elevated living experience.

Investment Potential:
This site offers significant investment potential. The area has seen a 17.7% increase in unit prices over the past year, reflecting high demand in the market. Additionally, the location is strategically positioned just 15 km from central Olympic venues, ensuring substantial long-term growth as infrastructure development ramps up in preparation for the 2032 Olympics.

Premium Location:
. Westfield Garden City Shopping Centre directly across the road, offering shopping, dining, and entertainment options
. Minutes' walk to the Southeast Busway
. 15-minute drive to Brisbane CBD
. 40-minute drive to the Gold Coast
. 2 minutes to Upper Mount Gravatt State School
. 5 minutes to Clairvaux MacKillop College
. 7 minutes to Griffith University Nathan Campus
. 7 minutes to QE2 Hospital

Located in a prime position, this development site offers unmatched convenience. Westfield Garden City Shopping Centre, directly across the road, provides residents with an array of shopping, dining, and entertainment options. The site also benefits from excellent public transport links, with a short walk to the Southeast Busway and just a 15-minute drive to Brisbane's CBD. The Gold Coast is 40 minutes away, and key educational institutions, such as Griffith University Nathan Campus, as well as hospitals, are within close proximity.

The site is ready for immediate development, with all necessary approvals in place. Landscaping provisions, including deep planting zones and shared recreational areas, have been incorporated to enhance livability and the overall appeal of the development. The project also offers flexibility, allowing for customization to meet the developer's vision.
This rare and highly desirable development site in one of Brisbane's fastest-growing areas represents an exceptional opportunity. Don't miss out-contact us today to secure this outstanding investment!

Property Details

• Type: House
• Land Area: 726 m² (approx)