38 Garfield RoadLogan Central QLD 4114
Property Details for 38 Garfield Rd, Logan Central
Last Listing description (November 2023)
Land bank or Develop!
Build up to 6 High set 3 Bed Units or 5 Lowset large Villas.
DEVELOPMENT BLOCKS ARE RARE - Here is an exciting entry level development site, half way between the two major cities of Brisbane & the Gold Coast! An opportunity like this is rarely available. All the hard work is done for developing 6 townhouses. Ready to go for construction.
A flat, FLOOD FREE, 1310m2 block with Low-Medium Density zoning which could allow for Townhouses, Dual Occupancies, Multiple Dwellings, Residential Care Facilities as well as non-residential uses such as Childcare Centres.
You are just walking distance to Woodridge Train Station, State Schools, local shopping and easy highway access to both Brisbane and the Gold Coast. With everyone wanting to get closer to the action with the Olympics coming, it won't be long before resale values skyrocket making this a sure thing investment!
THE PLANNING REPORT FOR 5 Low-Set Units: (All plans are available on the council website: https://devet.loganhub.com.au/#/properties/195638)
- Low set solid brick construction
- 3 Bedroom 2 bathroom each
- Double garage
- Massive floor plan of 140m2
- Verandah and private gardens
- Plenty of guest parking
- Management rights
- Sewage pipes not crossing over the property
- 2 Separate buildings. Building A: 3 Units ; Building B: 2 Units
- Option to change the DA/Planning to 6 High set smaller units (approved on the street for smaller blocks)
- Final sale price of at least $550,000-$580,000 each unit
- All plans are available on the council website (https://devet.loganhub.com.au/#/properties/195638)
- 20M FRONTAGE
- 64.4M DEPTH
- FLOOD FREE BLOCK!
Location:
- 1 min - Karawatha Forest
- 1 min - Woodridge High School
- 2 mins - Woodridge Primary School
- 2 mins - Train Station
- 3 mins - Logan Central Shopping Centres
- 3 mins - Logan City Council
- 5 mins - Islamic College of Brisbane (ICB)
- 7 mins - Bunnings Warehouse
- 10 mins - Underwood
- 15 mins - Sunnybank
- 25 mins - Brisbane
- 30 mins - Gold Coast
All offers are welcome, owners are motivated to sell to the right buyer for the right price so submit your best offers to secure it as you will not see such opportunities off market every day in this pocket.
Contact TEAM SYED @0416 498 295 today to arrange a private viewing and discover the endless possibilities that await you.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Property History for 38 Garfield Rd, Logan Central, QLD 4114
- 18 Oct 2023Sold for $660,000
- 12 Jul 2023Sold for $480,000
- 22 Jun 2023Listed for Sale Not Disclosed
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0About Logan Central 4114
The size of Logan Central is approximately 2.9 square kilometres. It has 13 parks covering nearly 12.2% of total area. The population of Logan Central in 2011 was 6,172 people. By 2016 the population was 5,929 showing a population decline of 3.9% in the area during that time. The predominant age group in Logan Central is 10-19 years. Households in Logan Central are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Logan Central work in a labourer occupation. In 2011, 42.7% of the homes in Logan Central were owner-occupied compared with 38.3% in 2016.
Logan Central has 2,608 properties. Over the last 5 years, Houses in Logan Central have seen a 132.76% increase in median value, while Units have seen a 95.96% increase. As at 31 October 2024:
- The median value for Houses in Logan Central is $632,840 while the median value for Units is $392,742.
- Houses have a median rent of $525 while Units have a median rent of $395.
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