Is this the opportunity you have been waiting for?

You will be spoilt for choice when you acquire this huge parcel of land with three street frontages. The opportunity for subdivision is staggering; it could be subdivided into five separate allotments! What choice would you make? Would you sell off the land, or build five three-bedroom houses? Perhaps you would prefer eight townhouses, or even eleven units? Whatever you choose, most real estate professionals would say you are on a winner.

Blocks with subdivision potential in this area are drawing a lot of interest at the moment. “Logan is poised for a real estate boom this year” – Courtney Todd, Quest Newspapers January 2018. Courtney isn’t the only person out there excited about the potential of this area. What do you think? Is Logan set to boom?

This allotment is close to transport, the Logan Hospital, schools and the shopping and social hub that is Waterford Plaza. What more could you ask for? You could ask for a three bedroom house, pool, pool house, two outdoor entertaining areas, double lock up garage, four carports and a shed. Yeah well, you already have it! The existing Spanish-styled house is open-planned with three bedrooms, one bathroom and separate toilet. The bathroom features a shower and luxurious spa bath. The pool is situated at the rear of the property and the large shed is on the Torrens Street side of the property.

If subdivision isn’t on your radar, you could keep the house and run a small business on the site as the currents owners do. They have a license to run a small business there and you might secure something similar (STCA). So that way you could choose to live in the house, run your business and watch the growth of the suburb. Then, when it suits you, you could choose to subdivide.
With so many options available, the opportunity is here for the discerning buyer to recognise the potential and take advantage of it.

PROPERTY FEATURES:

• 1999 sqm flat block
• Three-street frontages
• Three bedrooms
• One bathroom with spa
• In-ground pool
• Large Shed
• Fully fenced yard
• Double Lock-Up garage
• The opportunity for a small business

Call me now to arrange an inspection Greg 0424 002 747