131 Jalan Street, Tanah Merah Qld

Great Opportunity for Developers or Investors – A Double Block With A House

This “development site” is comprised of 3 adjoining double lots each with existing homes extending from 135 Jalan Street to 127 Jalan Street, Tanah Merah making it more viable to be developed which has always been the underlying intent of the owners involved in this sale with the hope that one day, there would be an upmarket apartment development building that would enhance this particular area of Logan City.

A neighbourhood development plan for this site has taken six years to come to fruition and was recently endorsed by the state government in November 2015. Situated behind the new Cornubia Shopping Complex close to transport and opposite Logan Hyperdome it is ideally situated for both young families and the elderly in our community. The MI Motorway is just minutes away and it is approximately half-way between Brisbane CBD and the Gold Coast CBD.

Realty 2000 contacted both an Architectural Design Company and a Senior Town Planner at the Logan City Council who informed us of the following – based on the zoning of Low Medium Density Residential Precinct: Apartments with a total combined land area of 3995 m2 and subject to council approvals, they advised the following possible option: “Code Assessment” if the building height does not exceed 18m (6 storeys) the section of the property that is within 15m of the rear of the site will have a maximum building height of 12m (4 storeys) adequate car parking spaces are required on the ground floor in line with council requirements plus visitors’ parking. Unit sizes would depend on the market requirements of Logan.

The maximum density of the site is calculated as 1 bed = 0.5 ED, 2 bed = 0.7 ED, 3 bed = 0.1 ED a lift or lifts will be required on this building project as the ground floor will be dedicated to parking.

Disclaimer:

All information given by Realty 2000 is subject to purchasers own due diligence and council approvals.

Please contact us with your Expressions of Interest for a Sale By Negotiation on our listed contact details.

Attention: Flora Mercer
Realty 2000 in conjunction with Runaway Bay Prestige R/E
Email: floramercer@gmail.com
PO Box 2428, Southport Qld 4215
Phone: 0434 541 888
www.realty2000.com.au