Situated in the rapidly evolving suburb of Tanah Merah, this expansive 2,028m property presents a rare and lucrative development opportunity. Zoned Medium Density Residential, this site offers serious potential for subdivision or multi-dwelling redevelopment (Subject to Council Approval). With an existing five-bedroom, two-bathroom dwelling spread across two levels, the property also provides excellent dual income potential.
Key Features:
2,028m block with wide frontage
Zoned Medium Density Residential
Dual-living layout rent upstairs and downstairs separately
Located in a quiet, established street
Strategic Location:
Transport:
Easy access to the Pacific & Logan Motorways
Approx. 25 minutes to Brisbane CBD
Approx. 30 minutes to the Gold Coast
Shopping & Amenities:
5 mins to Logan Hyperdome Shopping Centre
Close to major retail, dining, and entertainment options
Education:
Nearby Shailer Park State High School & Loganholme State School
Multiple childcare and private school options in the area
Recreation:
Close to Tansey Park and Logan River
Walking trails and sporting fields nearby
Investment Highlights:
Market Growth:
Median house price in Tanah Merah ? approx. 13% in the last 12 months
Strong demand for developable sites in growth corridors
Rental Yield:
Approx. 4.3% gross yield for houses in the area
Dual-living layout allows savvy investors to maximise income streams
Demographics:
Median age 35 predominantly families with children
Ideal buyer profile for townhouses or low-maintenance homes
Additional Information:
* Vacant
* Rental Appraisal: $820 Per Week
Disclaimer: All information provided is gathered from sources deemed reliable; however, prospective buyers are advised to conduct their own due diligence to verify details.