DA & BA Approved for 16 Apartment Units
Save yourself time, money and hassles, all the hard work & tussling with council has been done for you.
Development Approved & Building Approved for 19 Apartments Units - 9 x 3 Bedrooms, 5 x 2 Bedrooms + Study and 2 x 2 Bedrooms.
Once your purchase of this property is committed, the seller is happy to share all contact details for builders and tradies with you so that it becomes a seamless process for you when you commence actual on-site development.
There is a basic 5 beds 2 baths 2 garage home on the block currently rented out for $700 pw.
This is a prime block of land in a fabulous location where Logan Hyperdome, sport centres and all other facilities are within minutes drive as well as walking distance. Buses are on the corner, Logan Tafe and Griffith University five minutes drive. Private and public schools within walking distance. Ideally located close to shops, major shopping centre and transport.
Where housing shortage is going to be prevalent in the next few years due to increased internal migration into Logan, Loganholme being in the centre of everywhere is sure to capitalise on this advantage. Apartment living will become an affordable housing solution for the near future and the launch of this project could be a lucrative investment for you to make a tidy profit out of it.
Call Johnson on 0422 804 811 or email him on johnson.teo@raywhite.com for more information and for an inspection onsite.
PS: *Approx 20% Profit Margin is arrived with various assumptions & variables to purchase price of the site, building costs, future apartment selling prices etc...
Call Johnson on 0422 804 811 or email him on johnson.teo@raywhite.com as well to discuss the financial model.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Shop 24/34 Fitzgerald Ave Springwood Shopping Mall, Springwood QLD 4127
JOHNSON TEO
0422804811