8 Timor Ave, Loganholme is a 7 bedroom, 4 bathroom House with 10 parking spaces and was built in 1988. The property has a land size of 1892m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
This Dual Occupation/Dual Income Home sits on 1852m2 paving the way for Apartment or Townhouse development.
Features
- Zoned Low-Medium Residential
One of Timor Avenues more premier development positions.
Develop now or hold for later, this site is the goose that laid the golden egg.
Timor Avenue has a great story to tell; forming part of the Loganholme Planning Scheme this area has been earmarked as a major player and will see a vast population growth over the next 5 years.
Located mid-way between the Gold Coast and Brisbane with excellent access to public transport and amenities, major shopping precincts, schools both public and private, sporting facilities and medical all within walking distance. This properties positioning is ahead of the rest.
Low Vacancy Rate of 0.6% and a gross yield of 6.5% this property makes for excellent return in investment as it sits.
For further information or to arrange a private inspection please contact Lenard Oberman on 0434 420 751.
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 3,347 properties. Over the last 5 years, Houses in Loganholme have seen a 85.98% increase in median value, while Units have seen a 96.64% increase. As at 31 October 2024:
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