7 SOPWITH STREET, Loganholme QLD 4129

Number 7 Sopwith Street Loganholme is a property with enormous potential. The 1,295 m2 block is flat with broad street frontage enjoying access down both sides of the block. There is immediate access onto the M1 in both directions and the large shed would be the perfect location for a home business.

An astute buyer might consider a subdivision, one into two (Subject to council approval).
The existing home is a solidly built lowset with a long-standing tenant. Current rental trends indicate a potential rental return of $380-$400/week. The interiors have been well maintained and there are two living areas.

WHAT WE LOVE ABOUT THIS PROPERTY:

Nathan Strudwick is the marketing agent, "Subdividing a block and adding more dwellings can in some cases double its value, but you don't necessarily need to fork out hundreds of thousands of dollars to reap the rewards."

FEATURES:
•Subdivision potential of 1 into 2 blocks (subject to council approval)

Inside:
•Three bedrooms
•One two-way bathroom
•Modern kitchen
•Two separate living areas
•Splits system air conditioning
•Ceiling fans
•Outdoor entertaining area
•Tandem carport

Outside:
•6m x 6m shed approx.
•Carport
•Inground swimming pool
•Dog proof back yard

SERVICES:
•NBN connected
•Town water & sewerage
•Water tank

LOCATION:
•Easy access to M1 for travel either north or south
•3 minutes to Logan Hyperdome
•7 minutes to John Paul College
•7 minutes to Griffith University Logan Campus
•30 minutes to Brisbane CBD
•40 minutes to the Gold Coast