2244 Logan RoadUpper Mount Gravatt QLD 4122
Property Details for 2244 Logan Rd, Upper Mount Gravatt
2244 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 726m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (March 2021)
Location, location, location - it's an age-old adage, and in the case of the superb development, it will please even the most astute developer. This is the one you've been waiting for!
In the heart of a thriving pocket within walking distance to Garden City Shopping Centre, this high-profile development has been zoned to meet the demands of the community.
Offering an exceptional opportunity to build high-rise apartments, incorporating mixed-use elements, sites such as this are becoming increasingly hard to find. As a researched developer, you will certainly agree.
You'll be pleased there is a demand for units, in both rentals, and sales - ensuring utmost success of your venture once your development is completed.
The sales campaign will attract a number of investors downsizers, and first-home buyers alike, given the exceptional location and lending schemes available for these prospective buyers.
You'll have no trouble finding high-quality tenants, given the convenient location, and ideal proximity to public transport.
The commercial space through the lower floor will attract wonderful vendors, with the exceptional exposure this prime location offers promising to boost their business.
KEY DEVELOPMENT ATTRIBUTES
- Approx $60 000 -$65 000 per unit site
- 726m2 of land (existing dwelling on site)
- Town planning due diligence report available on request
- High rise to 6 levels
- 19 units / apartments
- Lower level can be 290m2 commercial retail space
- Mixed use zoning
- 12 kilometres from CBD
- Walking distance to the newly refurbished Garden City Shopping Centre
Disclaimer: Please note the photo is used for marketing purposes only. All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must rely soley on their own enquiries.
Property History for 2244 Logan Rd, Upper Mount Gravatt, QLD 4122
- 19 Apr 2022Sold for $1,500,000
- 07 Oct 2020Listed for Sale Offers over $1,299,000
- 07 Apr 2017Sold for $1,200,000
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About Upper Mount Gravatt 4122
The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.
Upper Mount Gravatt has 5,463 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 78.95% increase in median value, while Units have seen a 69.46% increase. As at 31 July 2024:
- The median value for Houses in Upper Mount Gravatt is $1,082,212 while the median value for Units is $619,520.
- Houses have a median rent of $610 while Units have a median rent of $620.
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