28 Valencia St, Loganlea is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 946m2.
This significant 946sqm flat, flood free site is zoned for low-medium density residential development and allows for up to 5 townhouses or 14-16 apartments with a height allowance of 15m. Offered at an extremely economical price by a motivated seller, this is an absolute steal!
This site is in the epicentre of a development and federal spending frenzy under the Meadowbrook Master Plan, including an upcoming 29 million on the Logan Hospital and a further 18 million for a Loganlea train station upgrade.
Situated in the heart of Logan, your new development is in a superior central location. Situated adjacent to the Loganlea High School and just 650m to the train station, the accessibility and convenience of this site are simply second to none.
In the immediate vicinity you'll find the Meadowbrook Shopping Village, QLD Tafe and Logan Hospital all less than 2 kilometres away, and the Griffith University Logan Campus less than 3 kilometres away, all bringing masses of job and population growth to the area. Development sites with this type of highly sought-after location, at this kind of realistic price are an extremely rare commodity. It's also under 30 minutes' drive to the Brisbane CBD, and approximately 50 minutes to the Gold Coast!
The house itself is a 3-bedroom highset home ready to be renovated and reinvented or demolished to make way for immediate development. It features quality timber flooring, internal stairs, and huge rear deck overlooking the expansive yard.
All the development essentials are covered. This site should be your next move.
The size of Loganlea is approximately 5.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Loganlea in 2011 was 6,172 people. By 2016 the population was 7,311 showing a population growth of 18.5% in the area during that time. The predominant age group in Loganlea is 20-29 years. Households in Loganlea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Loganlea work in a labourer occupation. In 2011, 46% of the homes in Loganlea were owner-occupied compared with 39.1% in 2016.
Loganlea has 3,773 properties. Over the last 5 years, Houses in Loganlea have seen a 91.56% increase in median value, while Units have seen a 124.44% increase. As at 31 October 2024:
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