OFF MARKET

181 Tygum Road
Waterford West QLD 4133

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 114m2
Land area: 1012m2
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Property Details for 181 Tygum Rd, Waterford West

181 Tygum Rd, Waterford West is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 1012m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1975
Floor Size
114m2
Land Size
1012m2
Local Government
Logan City
Lot/Plan
4/RP120171

Last Listing description (June 2024)

Ideally located and perfectly positioned 181 Tygum Road. Waterford West represents a perfect opportunity for savvy investors and all level of buyers and developers at the same time. Set on a large 1012m2 block, the location is gold! Located right infront of Waterford Shopping Plaza and a childcare centre, you've the potential of a changed commercial or LMR zoning to maximize the true potential of this property.

Currently in LDR zoning, you can have subdivisions starting from 350m2 blocks for even H&L packages (STCA) which are trending on the street now with many new H&L packages recently being sold on the street. With the potential change in zoning you will be able to build townhouses, childcare centre or commercial dwelling (STCA)

The home needs TLC in order to make it livable, or simply demolish and rebuild your dream home on this perfect location which is minutes from everywhere with endless potential. No overlays, so no hassle in getting the DA's done.

Located right next door, 179 Tygum Road. which is also going to the auction on the same day, meaning more potential and better opportunity for any investors who want to maximize the true potential of this location. With a combined land size of 2024m2, both properties hold way more value than what they might be sold for due to the owners changed circumstances.

The properties are situated in an extremely handy location moments from restaurants, hotels, shops and schools, in a setting where current redevelopment projects create a tempting precedent. While tomorrow's choices are considered, today's proportions provide immediate appeal.
While tomorrow's choices are considered, today's proportions provide immediate appeal.

181 Tygum Road Waterford West - 1,012sqm:

- Large 1012 sqm block with a highset brick home which needs huge TLC or to be demolished & rebuild
- Abundant potential, perfectly suitable to savvy investors and renovators
- Perfect location, right infront of Waterford Shopping Plaza and a Childcare centre and next door having the approval for apartment building and a changed zoning
- Potential of LMR and commercial zoning
- 1x2-3 Lots, currently in LDR zoning (STCA)
- Dual living with large backyard, gardens, swimming pool
- 3 Bedroom 1 Bathroom and a double garage with a games room downstairs

179 Tygum Road Waterford West -1,012sqm:

- Large 1012m2 block in LDR zoning
- Perfect location, right in front of Waterford Shopping Plaza, a Childcare centre and next door having the approval for apartment building and a changed zoning
- A sturdy brick lowset home light-filled single level floorplan this property presents a huge opportunity for you to get into the property market
- 4 Bedroom 2 bathroom, low-set brick house which is perfectly liveable with no work needed
- Potential of LMR and commercial zoning
- 1x2-3 Lots, currently in LDR zoning (STCA)
- Large front and backyard, high rental income and massive development potential

Conveniently positioned within minutes of an array of quality schooling options, Waterford Plaza, public transport options, Logan Hospital, Griffith Uni, TAFE and offering easy access to the M1 and Gateway Motorway, the property is ripe for renovation or redevelopment.

'All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries'

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Property History for 181 Tygum Rd, Waterford West, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$570,000
27 Oct 2023
  • 27 Oct 2023
    Sold for $570,000
  • 08 Nov 2022
    Listed for Sale $500,000
  • 06 Oct 2004
    Sold for $275,000
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About Waterford West 4133

The size of Waterford West is approximately 5.3 square kilometres. It has 13 parks covering nearly 10.8% of total area. The population of Waterford West in 2011 was 6,159 people. By 2016 the population was 6,424 showing a population growth of 4.3% in the area during that time. The predominant age group in Waterford West is 0-9 years. Households in Waterford West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waterford West work in a labourer occupation. In 2011, 60.5% of the homes in Waterford West were owner-occupied compared with 55.4% in 2016.

Waterford West has 2,948 properties. Over the last 5 years, Houses in Waterford West have seen a 103.14% increase in median value, while Units have seen a 130.76% increase. As at 31 October 2024:

  • The median value for Houses in Waterford West is $697,405 while the median value for Units is $455,291.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Waterford west on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Waterford west.

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