PROPERTY DESCRIPTION
A rare opportunity has presented itself for the astute buyer looking to either reside in, land bank or sub-divide this outstanding block of land with an established, renovated residence in place!
This property is situated on a superb 1462m2 of land and has the advantage of two street frontage being on the corner of Nujooloo Rd and Nirimba Street. This location stands out for its quick & easy access to the M1 which will have you in the Brisbane CBD within 22 minutes and the heart of the Gold Coast within 40 minutes.
There is a DA approval for a subdivision of one into two blocks, which would allow the current house to remain on 831m2 of land and the other block to be 634m2 of prime building land. This presents a great financial opportunity for the savvy developer or perhaps someone looking to live in the home now and land bank for the future.
The lowset property comprises of three bedrooms plus a utility room, one bathroom, a carport, and has been renovated in recent years. Investors Note: The property currently rents for $450/week however could achieve more in the current rental market.
Discover the convenience of living in this leafy pocket where you are in easy access of public transport. Families are spoilt for choice when it comes to schooling options with John Paul College, Daisy Hill State School and St Edwards Catholic Primary School all within a five minutes’ drive. Also within short driving distance are a variety of local shops and amenities including the Logan Hyperdome (5 mins) and also the Logan Hospital (8 mins).
Rarely do we find an opportunity for development potential in an up-and-coming area like this.
Call Mark Coleman on 0434 169 033 to discuss this exceptional opportunity further.
