SOLD
RECENT ADVICE
Sold on 06 Apr 2024 for $1,100,000

2 Nandala Drive
Tanah Merah QLD 4128

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 2028m2
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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.

Building Type
House
Land Size
2028m2
Local Government
Logan City
Lot/Plan
38/RP123965

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

A timeline of how this property has performed in the market
Last Sold
$1,100,000
06 Apr 2024
Listed for Rent
$380/w
18 Jan 2022
  • 06 Apr 2024
    Sold for $1,100,000
  • 07 Mar 2024
    Listed for Sale Contact Agent!
  • 10 Nov 2021
    Listed 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 1,893 properties.

    There are currently 13 properties listed for sale, and 2 properties listed for rent in Tanah merah on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Tanah merah.

    Suburb Insights for Tanah Merah 4128

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    Contact agent
    Hannah Shine
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    Jack Shine
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    Zevesto Property Group
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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.