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7-9 North Road, LOGAN CENTRAL, QLD 4114

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+9 Photos

SOLD

7-9 North Road, LOGAN CENTRAL, QLD 4114

Properties / Sold / Queensland / Logan Central

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Apartment Sites, Townhouse Sites

Land Area

1,576 m² (*approx)

Selling Method

Auction: Under Contract

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2. Property Highlights

For Sale | 6 units in one line | Ability to Re-develop or add More Density

6 residential units in one line
Centre zoning
Re-develop or add more density

- Dominant Corner Site with Two Street Frontage and Access

- 1,576sq m* site

- Strong Rental Demand with over 60%** of the population renting 0.7% Residential Vacancy Rate***

- 6 residential units all in one line with a potential fully leased Gross Income of $93,080

- Diversified Income Stream with potential for multiple tenants

- Centre Zoning allowing for a wide range of code assessable developments such as Residential, Retail, Office, Medical, Fast Food, Service Station, Childcare etc.

*Approximate | **Figures obtained from ABS |

***Figures obtained for REIQ

FOR SALE VIA PUBLIC AUCTION THURSDAY 27TH OCTOBER 2022

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Residential

Sub-type

Apartment Sites, Townhouse Sites

Land Area

1,576 m² (*approx)

Selling method

Auction: Under Contract

2. Property Highlights

For Sale | 6 units in one line | Ability to Re-develop or add More Density

6 residential units in one line
Centre zoning
Re-develop or add more density

- Dominant Corner Site with Two Street Frontage and Access

- 1,576sq m* site

- Strong Rental Demand with over 60%** of the population renting 0.7% Residential Vacancy Rate***

- 6 residential units all in one line with a potential fully leased Gross Income of $93,080

- Diversified Income Stream with potential for multiple tenants

- Centre Zoning allowing for a wide range of code assessable developments such as Residential, Retail, Office, Medical, Fast Food, Service Station, Childcare etc.

*Approximate | **Figures obtained from ABS |

***Figures obtained for REIQ

FOR SALE VIA PUBLIC AUCTION THURSDAY 27TH OCTOBER 2022

Remember to mention you found this property on DevelopmentReady

Development Potential