2 Nandala DriveTanah Merah QLD 4128
Property Details for 2 Nandala Dr, Tanah Merah
2 Nandala Dr, Tanah Merah is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 2028m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Tanah Merah in the last 12 months.
Last Listing description (April 2024)
Nestled in the highly sought-after suburb of Tanah Merah, this expansive 2028 sqm property represents a rare and lucrative investment opportunity, complete with all necessary DA approvals for a visionary development project. Approved for an exclusive complex of 10 modern townhouses, this site is primed for an astute investor to bring a transformative project to life.
The approved designs elevate beyond typical townhouse offerings, presenting luxurious dual-level homes, each level featuring their own living spaces, and a double garage - a rarity in contemporary developments. The collection includes eight four-bedroom, two-bathroom townhouses, alongside two three-bedroom, two-bathroom townhouses, thoughtfully crafted to accommodate a wide spectrum of lifestyles and tastes. The readiness of DA approvals means that this project is shovel-ready, eliminating the usual delays associated with planning and permits and allowing construction to commence at the investor's convenience.
Situated in an area known for its family-friendly atmosphere, excellent educational facilities, and vibrant community life, Tanah Merah is a highly desirable location for both homeowners and renters. This positions the development project in a prime spot for attracting quality tenants and ensuring high occupancy rates.
While plans for the development are set into motion, the existing three-bedroom home on the site offers an immediate source of rental income, ensuring that your investment begins generating returns from day one. This aspect of the property not only provides financial benefits but also adds a layer of flexibility for the investor, allowing for income generation while final preparations for construction are underway.
2 Nandala Drive presents more than just a development opportunity; it offers the chance to create a landmark project that will stand as a testament to thoughtful design and strategic investment in Tanah Merah. Whether looking to expand a portfolio or embark on a standout project, this site offers the perfect foundation for a transformative endeavour.
Seize the opportunity to shape the future of Tanah Merah with this exceptional investment prospect. Chat with us today to explore how this ready-to-develop site can be transformed into a vibrant residential community, marking a significant milestone in your investment journey.
Make no mistake, this property will sell on or before April 6th under the hammer. So don't miss this opportunity to make this property your own!
Property History for 2 Nandala Dr, Tanah Merah, QLD 4128
- 06 Apr 2024Sold for $1,100,000
- 07 Mar 2024Listed for Sale Contact Agent!
- 10 Nov 2021Listed for Rent $380 / week
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About Tanah Merah 4128
The size of Tanah Merah is approximately 4.1 square kilometres. It has 10 parks covering nearly 11% of total area. The population of Tanah Merah in 2011 was 4,608 people. By 2016 the population was 4,748 showing a population growth of 3.0% in the area during that time. The predominant age group in Tanah Merah is 20-29 years. Households in Tanah Merah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tanah Merah work in a trades occupation. In 2011, 72.8% of the homes in Tanah Merah were owner-occupied compared with 71% in 2016.
Tanah Merah has 1,905 properties. Over the last 5 years, Houses in Tanah Merah have seen a 89.16% increase in median value, while Units have seen a 111.57% increase. As at 31 October 2024:
- The median value for Houses in Tanah Merah is $858,149 while the median value for Units is $599,048.
- Houses have a median rent of $670 while Units have a median rent of $460.
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