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Interest Pending - Offers Welcome
Inner suburban acreage home, boasting a perfect balance between lifestyle vs investment offering returns at more than $330,863.00+ p/a
Property Features Include:
• 3.64 ha or just under 9 acres of land
• Commercial lease from Landscaping business - $294,363.00 p.a. net (+GST + Outgoings),
• Residential lease - $700.00 - $800.00 p/w ($36,500.00+ p/a)
• Additional income via optional adverting signboard leases, proposal for 3x @ $4,000.00 p/a (Total $12,000 + GST)
• Potential uplift or development opportunity on a second 4,200m2-4,500 m² profiled hardstand site (STCA)
* Neighboring Rear Lot Boundary - Proposed 50x Lot Townhouse Development - 173 - 203 Old Logan Village Rd Waterford
* Neighboring Rear Lot Boundary - Proposed Childcare development - 173 - 203 Old Logan Village Rd Waterford
Site upgrades and location summary
• Upgraded aggregate driveway profiling
• DA-approved residential house extension
• Independent electricity meters
• Leafy green tree lined dam with scenic driveway
• Walking distance to Canterbury Collage
• Waterford State School and Loganlea State High School catchments
• Growing suburbs within expansion corridors
• 25 km to Brisbane CBD, 20 km to Gold Coast
• Direct access to the M1 and Logan Motorway
The commercial landscaping business offers a substantial lease hold at proposed investment of $294,000 p/a + GST while terms of this lease remain negotiable.
Further offerings include the renovated residential home, directly adjacent to Easterly St, this high-set home has been partly renovated with further works underway, while a DA approval is in place for a building extension, representing a flexible enhancement opportunity to further increase both the property's value and overall ROI.
In front of the main residency boarding a large tree lined dam, you will find plenty of room for lifestyle activities, an orchard, hobby farm, or small-scale agistment.
In addition and directly off the southern boundary along the lower yard, a further 4,500m2 of hardstand profile with a potential uplift or development opportunity (STCA)
Whether you're looking for a home to settle into or an investment that provides both lifestyle and a high ROI (return on investment) this site delivers on all fronts. For more information or to arrange a private viewing please contact Steve Landeta
Disclaimer: While preparing this information we have used our best endeavors to ensure that the following information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
930 Logan Road, Holland Park QLD 4121
Call Steve Landeta on
+61 435 890 517
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