A unique opportunity exists to invest in your own small lot subdivision. 1948m2 of prime land in the central suburb of Loganholme. This site is in an established area and within walking distance to Loganholme Primary school, Local shops including I.G.A, public transport and a short drive to Logan Hyperdome, M1, Griffith University, TAFE, Hospitals and the Logan Motorway.
This large parcel of land has an existing dwelling in excellent condition with 3 bed/2 bathrooms/ double carport and family pool. The Development Approval will allow for the separation of the existing house and pool and will create a 1000m2 lot toward the rear of the property with access to the left of the existing home. This large rear lot will be able to accommodate either 1 or 2 dwellings.
Current local sales suggest the existing dwelling on approximately 900 m2 would sell in the vicinity of $380,000-$400,000 and the remaining land approximately 1,000sm could sell within the vicinity of $270,000- $300,000. Instant Equity once Operational Works have been completed and titles separated.

For further information
call Andrew Bithell on 0401 192 447