FOR SALE

40 Abang Avenue
Tanah Merah QLD 4128

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 2926m2
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This property is currently on the market
SUBDIVIDE, APPROVED 2 LOTS, RETAIN HOME + BEAUTIFUL VIEWS!
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Property Details for 40 Abang Ave, Tanah Merah

40 Abang Ave, Tanah Merah is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 2926m2 and floor size of 154m2.This Property is currently listed for sale with Ray White AKG

Building Type
House
Year Built
1990
Floor Size
154m2
Land Size
2926m2
Local Government
Logan City
Lot/Plan
2/RP227289

Last Listing description (November 2024)

Looking for a property that offers both lifestyle and future financial growth? 40 Abang Avenue, Tanah Merah is the rare opportunity you've been waiting for. With stunning views, a private and spacious family home, and 2,929m of prime land, this property not only meets the needs of today but also offers significant development potential for tomorrow.

DA-approved plans to subdivide the block into two separate parcels all whilst keeping the existing home, so you have the option to sell off the 1,106m block or build a future asset that will provide passive income for years to come. The home is currently tenanted until 3 May 2025 at $670 per week and the lease states they are aware of and in acknowledgement of future developments, changing the entrance to the property and removing access to the rear section. The rental appraisal is much higher should you not wish to develop! Subdivision is almost at operational works tender phase!

Key Features:

2,929m block with DA-approved subdivision plans to create two lots
Stunning panoramic views & fresh breezes - wake up every day to nature's beauty
Spacious family home with four generous bedrooms - opportunity to renovate to create more of a dual living arrangement.
Inground pool and spa, set in beautifully landscaped gardens with mature trees
Elegant hardwood floors and high raked ceilings in the main living area, adding warmth and sophistication
Master suite with private ensuite, built-in storage, ceiling fan, and mountain views
Bedrooms 2 & 3 both offer built-in storage, ceiling fans, and large windows for natural light
Main bathroom with separate bath and toilet for family convenience
Fourth bedroom with direct access to the pool area - perfect as a private teenager's retreat or home office
Rental Appraisal is $830 per week

This is an exciting opportunity to secure a property with both lifestyle appeal and long-term financial potential. The spacious home and massive landholding offer a comfortable and private setting now, while the subdivision approval provides options for future growth. Don't miss out on the chance to secure this exceptional property at 40 Abang Avenue. Contact me today to find out more or arrange your private viewing.

Location Highlights:
Quiet, private position with easy access to all local amenities
Close to Tanah Merah State School, local parks, and transport links
Only a short drive to Logan Hyperdome, shops, cafes, and restaurants
Quick access to the Logan Motorway for seamless travel to Brisbane CBD or the Gold Coast

NOTE: Original reconfiguration expires Dec 7th 2024 can be extended*
*THERE ARE 3 OPPORTUNITIES TO PURCHASE ALL WITH EXISTING DEVELOPMENT APPROVALS IN PLACE - CONTACT REBECCA FOR MORE INFO ON ALL 3 SITES ON OFFER*

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Property History for 40 Abang Ave, Tanah Merah, QLD 4128

A timeline of how this property has performed in the market
Last Sold
$900,000
21 Oct 2023
Listed for Rent
$670/w
26 Feb 2024
  • 31 Oct 2024
    Listed for Sale Offers over $1 million
  • 04 Dec 2023
    Listed for Rent $670 / week
  • 21 Oct 2023
    Sold for $900,000
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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.
There are currently 16 properties listed for sale, and 3 properties listed for rent in Tanah merah on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Tanah merah.

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