OFF MARKET

59 Solomon Avenue
Loganholme QLD 4129

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 176m2
Land area: 2785m2
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Last updated 30 Sep 2024
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Property Details for 59 Solomon Ave, Loganholme

59 Solomon Ave, Loganholme is a 0 bedroom, 0 bathroom House and was built in 1980. The property has a land size of 2785m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1980
Floor Size
176m2
Land Size
2785m2
Local Government
Logan City
Lot/Plan
10/RP116425

Last Listing description (November 2023)

Welcome to this exceptional opportunity to acquire a prime development site in the highly sought-after suburb of Loganholme, complete with approved Development Application (DA). Located in a thriving and rapidly growing area, this site offers immense potential for astute investors and developers looking to capitalize on its strategic location and favorable zoning.
Property Features:
DA Approval: The site comes with the significant advantage of having an approved Development Application, saving you valuable time and effort. This allows you to proceed with your development plans promptly, without the uncertainty of waiting for approvals.

Current Rental Income: The property is currently tenanted, generating a substantial rental income of $650 per week. This provides immediate cash flow while you plan and execute your development project. Benefit from the steady income stream as you work towards unlocking the site's full potential.
Location: Situated in the highly desirable suburb of Loganholme, this site offers exceptional connectivity and convenience. With easy access to major arterial roads and highways, including the Pacific Motorway, commuting to Brisbane CBD, Gold Coast, and other surrounding areas is a breeze. The property is also within close proximity to public transportation, schools, shopping centers, medical facilities, and various recreational amenities.
Surrounding Infrastructure: Loganholme is experiencing significant growth, with ongoing infrastructure projects and a strong development pipeline. The area boasts a thriving local economy, with a wide range of businesses and employment opportunities nearby. The site's strategic location ensures potential residents or tenants will enjoy a well-connected and convenient lifestyle.
Don't miss this exceptional opportunity to secure a prime development site in Loganholme with approved Development Application. Enquire now to receive a copy of the information memorandum includigng the current development approved plans. Act swiftly to seize this rare chance to make a significant impact in this rapidly growing area!

Property History for 59 Solomon Ave, Loganholme, QLD 4129

A timeline of how this property has performed in the market
Last Sold
$1,180,000
02 Aug 2023
Listed for Rent
$550/w
05 Jul 2019
  • 02 Aug 2023
    Sold for $1,180,000
  • 19 Apr 2021
    Sold for $730,000
  • 19 Sep 2019
    Listed for Sale CONTACT JOHNSON
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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 3,365 properties. Over the last 5 years, Houses in Loganholme have seen a 89.77% increase in median value, while Units have seen a 86.37% increase. As at 31 August 2024:

  • The median value for Houses in Loganholme is $782,988 while the median value for Units is $679,797.
  • Houses have a median rent of $600 while Units have a median rent of $558.
There are currently 28 properties listed for sale, and 18 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Loganholme.

Suburb Insights for Loganholme 4129

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.