5 Tanah Merah Avenue, Tanah Merah, QLD 4128

For sale

$475,000 negotiable

ZONED FOR TOWNHOUSES

The positioning of this 1189m2 land is second to none, just a short wander over the bridge to the Hyperdome Shopping Centre and the Bus Transit Centre with loads of free parking and it is located next to a Childcare Centre.

Situated half way between Brisbane and the Gold Coast this flat development site will not last long as it is priced to sell at just $475,000, it has many townhouse developments close by. You also have an excellent opportunity of adding to your portfolio a connecting 1012m2 development block also zoned for Townhouses for sale at the same price. This will offer you dual street frontage what more could a Developer ask for?

Our research has shown in this Townhouse Precinct that up to 4 three or more bedroom dwellings would be supported by the Logan City Council on both blocks of land. The maximum building height for any building in the Townhouse Precinct is 8.5 metres.

If you require any clarification on our research please contact Councils Development Assessment Branch on (07) 3412 5269.

FEATURES

Walking distance to local shops and the Hyperdome Shopping Centre

Walking distance to the Bus Transit Centre

Walking distance to the local pub Fitzys Tavern

A bus stop is at the front of the property

A connecting 1189m2 development block offers dual street frontage

Close to Childcare Centres and quality Schools

Please call Tony Hall on 0427 994 713 to MAKE AN OFFER.

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Property Info:
  • Property ID: L801386
  • Property Type: Land
  • Land Area: 1189.0 sqm
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R&H Suburb Profile: Tanah Merah

R&H Suburb Summary Houses
Number of sales 73
Average Price $506,445
Median Price $470,000
Median Rental Price $435 p.w.
Change in Rental Rate (5yr) 6 %
R&H Suburb Summary Units
Number of sales 15
Average Price $281,100
Median Price $268,000
Median Rental Price $298 p.w.
Change in Rental Rate (5yr) -7 %
Tanah Merah, QLD - Median Trend
$470,000