This is a sound investment. The property boasts a strong rental return of $500 per week. The land is zoned as low-medium density under the Logan City Planning Scheme. This already allows for building heights to 18m and assures increased capital growth.
It is also perfect for a large or growing family that needs a solid home providing space both inside and out with certainty of on-going value appreciation.
Located close to major transport, shops and several private and public schools this neatly renovated home is situated on a generously sized 675 m2 flat block. There is side vehicle access to the fully fenced spacious back yard.
The sites features include:
Solid brick construction with hardwood framing
New flooring throughout and freshly painted
Immediately suitable for low-medium density development to a height of 18m
Land size - 675 m2
Minutes walk to both Centro Springwood and Arndale shopping centres
Close to Springwood Busway Station with direct link to the Brisbane CBD
Easy access to the Pacific Highway to the Gold Cost and to Brisbane CBD
Current Configuration:
Upstairs includes four bedrooms, one bathroom, separate toilet, living, dining room and kitchen.
Downstairs includes two large rumpus/activity areas, laundry, bathroom and double lockup garage.
For further information or inspection times please contact Tim today.