As part of the newly approved Loganlea Development plan this property is the jewel in the crown. Why? Because this is the biggest block in Cameo Street and therefor has the potential to build up to 20% more apartments than other blocks.
The property is zoned low to medium residential with a maximum height of 20 metres, 200 dwellings per hectare at 45% site coverage is allowed. Positioned less than 100 meters to the Railway station, 250 meters to Woolworths and less than 400 meters to the Logan Hospital, this is in a prime position.
If you are a developer or looking for a land holding to invest in, then this is it. Priced to sell at $575,000.