$1,100,000
6 Bed • 3 Bath • 3 Car • 607m²
New
Sold
Sold
1794 LOGAN ROAD, Upper Mount Gravatt QLD 4122
$1,100,000
- 6Bed
- 3Bath
- 3 Car
- 607m²
Other Sold on Mon 12 Jul, 2021
What's around LOGAN ROAD
Other description
“DEVELOPERS take notice!”
PC2 City Regional Zoning on this 3 Unit Complex
Located next door to the new Medical Specialist Centre, in the heart of Mount Gravatt, only 3 Kilometres from the Griffith University, Nathan Campus and 1200 meters from Garden City, this fast developing area has been earmarked as Priority Precinct by the BCC.
Currently bringing a rental income of $900 per week, (potential rental income $1020 per week), all the units have been recently upgraded and furnished with nothing to spend!
This is a blue chip position earmarked for multi level mixed use building with a mixture of commercial and/or residential apartments. The complex is included in a part of the "Priority Infrastructure Plan".
PC2 Regional Centre (From Brisbane City Council )
"Regionally significant commercial, residential community, cultural and entertainment uses as well as retail requiring large catchments.
High rise buildings containing a mix of uses, e.g. Chermside and Upper Mount Gravatt."
Transport
As a PC2 Regional Centre, Upper Mount Gravatt is directly linked to Brisbane City by a Dedicated Express Bus-way. "Congestion free at Peak periods" Links to Brisbane Airport.
Located next door to the new Multi Level Medical Specialist Centre, this fast developing area has been earmarked as Priority Precinct.
The tenants are currently on Periodic Leases and all 3 total $900PW; all 3 tenants are keen to stay and are prepared to sign new leases.
Rates and water $2377 per Quarter
Each Unit Includes:
2 Bedrooms, one living area, kitchen, Bathroom, 1 Car Carport and a laundry area.
Internal Inclusions- Air Conditioning, Stove, Fridge, Washing Machine, microwave, Lounge, Dining Setting and Beds
Location
A short walk to restaurants, Schools, Garden City Shopping Complex, and only a few minutes to the Nathan Campus and just 10 minutes to Brisbane City via the Pacific Freeway.