2256 Logan Rd

Off Market

2256 Logan Rd

Upper Mount Gravatt QLD 4122

812 m²

House

Last sold for $1,188,000

Jas Nijjar, last sold this property on 25 April 2017 after -1427 days on market.

Overview

SOLD by Xavier Farshchian

Positioned opposite Westfield Garden City, one of the south East's largest shopping centres. The 43 metre frontage and exposure to Newnham and Logan Roads, the two main roads offers immeasurable potential; an absolutely prime location! An established large five bedrooms two bathroom home on a sprawling 812m2 block, is ripe for development with easy opportunity for substantial holding income, as is. Currently fitted out to suit use as commercial premises (dentist), the property can be leased or developed (subject to council approvals). The opportunity for growth and potential is extensive. Zoned as PC2 Principal Centre in Upper Mount Gravatt, the site's features include: - PC2 Principal Centre (Regional Centre) zoned Mixed Use frame which will allow potential construction up to 6-storeys high. - Up to 80% residential - Up to 50% non-residential Current Configuration: - Downstairs configuration: two rooms, one office, reception and waiting room, kitchen, laundry and toilet. - Upstairs includes three bedrooms, two bathrooms, living and dining rooms and kitchen. This property offers the option of leasing commercially, with plenty of off street parking, whilst offering a residential home upstairs. The beauty of this principal centre zone code, is that it provides for the largest and most diverse mix of uses and activities. It includes concentrations of high order retail, commercial, employment, residential, health services, administrative, community, cultural, recreational and entertainment activities and other uses, capable of servicing the planning scheme area. For the astute developer, the drawcard of this particular site of mixed use zoning is its ideal position opposite Westfield Garden City, one of the south East's largest shopping centres. The frontage and exposure this site offers to the two main roads offers immeasurable potential. Land size 812m2 Positioned opposite Westfield Garden City Great exposure to the two main roads Potential development Opportunity for growth 43 metres frontage

Features

5 bedrooms

2 bathrooms

2 carspaces

812 m² lot size

House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Upper Mount Gravatt over the last 12 months, the estimated median property value of 2256 Logan Rd is $2m.

Median value

$2m

Estimated value range

$1.47m - $3.1m

Median days on market

Estimated value trend

39%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Upper Mount Gravatt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2256 Logan Rd

2017

Sold

$1,188,000

25 Apr 2017 by Jas Nijjar, of Coronis South

2017

Sold

$1,188,000

25 Apr 2017 by Xavier Farshchian, of Coronis Inner West

Happy sellers in Upper Mount Gravatt

94%

94% of sellers in Upper Mount Gravatt reported that their sale price either exceeded or met their price expectations.

Upper Mount Gravatt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Upper Mount Gravatt over the last 12 months.

Local market activity for 5 bedroom houses in Upper Mount Gravatt

In the last 12 months, 11 five-bedroom houses similar to 2256 Logan Rd, have been sold.

This represents a 45% increase in five-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Upper Mount Gravatt for a free market appraisal.

Cornelius Ionescu

at Freedom Property

(8 reviews)

Get a free market appraisal

Darren Bonehill

at Ray White Holland Park

(208 reviews)

Get a free market appraisal

Craig Barnes

at Harcourts Property Centre Coorparoo

4.9

(223 reviews)

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Ken Chin

at Ray White Eight Mile Plains

(227 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Upper Mount Gravatt

Cornelius Ionescu

Cornelius Ionescu is a recommended agent for Upper Mount Gravatt. They have 4 local sales and collected 4 local reviews across the last 12 months.

5 (8 reviews)
4 Reviews in Upper Mount Gravatt
4 Sales in Upper Mount Gravatt

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Darren Bonehill

Sellers who recommend Darren Bonehill have praised them for being clear communication, local expert, responsive, honest, great negotiation, trustworthy and reliable