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2. Property Highlights

IDEAL FOR RESPITE CENTRE, AGED CARE FACILITY - CLOSE TO LOGAN HOSPITAL DA APPROVAL FOR 85 TOWN HOUSES

Just a few minutes drive to Logan Hospital, TAFE and Griffith University and with a very high demand for student accommodation and health workers accommodation, this site offers development of:

– Respite Centre

– Aged care facility

– Rooming accommodation

– Townhouse

– Free lot subdivision

TWO DEVELOPMENT APPROVALS IN PLACE FOR THE 3 LAND PARCELS

3 parcels of land with a combined land area of 25,602sqm

Zoned – Low - medium density residential

DEVELOPMENT APPROVAL No 1

: 27-29 & 31-33 Isabel Street, Loganlea:-

Total land area - App.15,550SQM

Development Approval for 45 town houses from Logan City Council

This will include a mix of two and three bedroom product. approval for 28 x 2 bed town houses PLUS 17x 3 bed town houses which results in a total of 45 equivalent dwellings and an overall density (one dwelling per 344sqm of site area)

There are two homes on the river on two titles ( which is with the DA No.1 )

1)The property, 27-29 Isabel street, Loganlea Qld 4131

- Land area-8400 SQM

-The house on 27-29 Isabel streets is a renovated Brick & Tile home has 4 bed rooms, swimming pool, double garage The weekly rent is app. $800.00/ week

The property, 31-33 Isabel street Loganlea

Land area- 7177 SQM

4 bed room home with 2 bathrooms, double carport, and granny flat

Estimated rent per week is App. $1000.00/week

DEVELOPMENT APPROVAL No .2

35 ISABEL STRRET LOGANLEA

Total land area- 10,050 SQM with 3 bed room home, estimated rent is App. 600.00 week

Current Development approval for 40 X 1 bed room rooming accommodation units and

3 X bed room bedroom townhouses.

The above DA form the council is being changed to 41 , 3 and 2 bed room town houses by the current owner.

YOU MAY BUY ALL THE 3 PARCELS WITH THE TWO DEVELOPMENT APPROVALS

OR 35 ISABEL STREET WITH THE DA

OR 27-29 & 31-33 ISABEL STREET TOGETHER WITH THE DA

PRICE BY NEGOTIATION

Please call Godfrey – 0401 887 386 or Niluka – 0406 032 717 for a friendly chat.

We can give you the current Development approvals ,plans and other details

INSPECT BY APPOINTMENT

Disclaimer: The information provided to the recipient is to assist the recipient and the

professional advisors to decide whether to proceed to acquire an interest in the subject property. The discloser does not make or give an express or implied guarantee, representation or warranty regarding i) the accuracy or completeness of the information or ii) whether reasonable care has been or will be taken in compiling, preparing and furnishing the information.

Remember to mention you found this property on CommercialReady

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3. Property Location

27-35 Isabel Street, Loganlea, QLD, 4131

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4. Due Diligence

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27-35 Isabel Street, Loganlea, QLD, 4131 Loganlea
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