FOR SALE
LMR Zoning - Potential DA for 20+ Apartments

45-47 Timor Avenue
Loganholme QLD 4129

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 4257m2
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Ease The Housing Shortage! LMR Zoning - Potential Development Approval for 20+ Apartments

Opportunities like this are rarely seen with a wide street frontage of 33.1 metres, side access, close to the Hyperdome. The biggest potential of this 1 acre property is developing this site into apartment buildings potentially into 20+ apartments (* subject to council approval). 45-47 Timor Avenue is Low Medium Density zoned and there is an immediate precedence of next door neighbours 49-51 Timor Avenue that has a 27 apartment approval previously and currently is on their way to a Developmental Approval of 29 apartments approved.
Once your settlement completes on 45-47 Timor Avenue, there is a basic 3 beds 1 bath 2 garage home on the block which can be rented out while you are trying to achieve DA approval for this site.
This is a prime block of land in a fabulous location where Logan Hyperdome, sport centres and all other facilities are within minutes drive as well as walking distance. Buses are on the corner, Logan Tafe and Griffith University five minutes drive. Private and public schools within walking distance. Ideally located close to shops, major shopping centre and transport.
Where housing shortage is going to be prevalent in the next few years due to increasedinternal migration into Logan, Loganholme being in the centre of everywhere is sure to capitalise on this advantage. Apartment living will become an affordable housingsolutionfor the near future and who better than YOU to help solve it and make a tidy profit out of it?
Call Johnson on 0422 804 811 or email him on johnson.teo@raywhite.com for more information and for an inspection onsite.
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.

Property Details for 45-47 Timor Ave, Loganholme

45-47 Timor Ave, Loganholme is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 4257m2. The place is currently for sale with Ray White - Springwood.

Building Type
House
Land Size
4257m2

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About Loganholme 4129

The size of Loganholme is approximately 9.1 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Loganholme in 2011 was 6,125 people. By 2016 the population was 6,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Loganholme is 0-9 years. Households in Loganholme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loganholme work in a trades occupation. In 2011, 72.8% of the homes in Loganholme were owner-occupied compared with 69.6% in 2016.

Loganholme has 3,346 properties. Over the last 5 years, Houses in Loganholme have seen a 91.97% increase in median value, while Units have seen a 99.84% increase. As at 30 September 2024:

  • The median value for Houses in Loganholme is $785,190 while the median value for Units is $724,719.
  • Houses have a median rent of $600 while Units have a median rent of $565.
There are currently 30 properties listed for sale, and 18 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Loganholme.

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