Prime Development Opportunity with Existing Income Potential!

106 Atlantic Drive, Loganholme QLD 4129

Sold $1,138,000

Introducing a prime investment opportunity at 106 Atlantic Drive, Loganholme, where a spacious 1958 sqm property meets unparalleled potential. Zoned for Low-Medium Density Residential, this land stands as a developer’s dream canvas, ripe for transformation into a flourishing townhouse complex. The precedent set by similar properties in the area, which have successfully developed into 8-10 dwellings, underscores the promising prospects of this site.

While the land’s development potential shines bright, the existing residence on the property is a significant asset. This well-maintained home not only complements the land but also offers immediate rental income potential, making it a smart holding property as you plan its future transformation.

The house itself welcomes with a spacious and inviting living room, complete with a ceiling fan to ensure comfort across all seasons. The master bedroom serves as a serene retreat, equipped with a ceiling fan and a practical built-in wardrobe. The additional two bedrooms are cozy, featuring soft carpeting, creating a comfortable space for relaxation. The home is well-serviced by a functional main bathroom and a separate toilet, designed to cater to the needs of a family or tenants. At its heart, the kitchen combines functionality with contemporary aesthetics, showcasing a stylish tile backsplash and modern stainless-steel appliances.

Outside, the expansive lawn stands as the property’s main selling point, offering a vast space with limitless potential for leisure or further development. The patio area provides an ideal spot for outdoor dining and relaxation, allowing one to fully appreciate the expanse of the lawn. Additional features include a traditional Hills Hoist and a useful garden shed.

The property’s location directly across from a park makes it ideal for families, offering a perfect blend of suburban tranquillity and urban convenience. Moreover, Loganholme’s strategic location with easy access to amenities, schools, and transportation links enhances its appeal to potential residents.

With its significant land size, favourable zoning, and existing income-generating dwelling, 106 Atlantic Drive represents a rare investment opportunity. It’s a chance to develop a thriving residential complex in a sought-after locale, making it an unmissable opportunity for visionary developers.

For more information and to explore this exceptional opportunity, interested parties are encouraged to make contact. This property is not just a home; it’s a strategic investment waiting to be realised.

Property Features
  • Acreage Semi-rural
  • 5 bed
  • 2 bath
  • 2 cars
  • Land size 1,958 m²
  • 2 Carport
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