SOLD BY MARCO THANG!
NGU Logan & Marco Thang proudly present a rare and highly strategic opportunity in the heart of Waterford West. Positioned on a substantial 2,023m² parcel with strong frontage to Kingston Road, this property offers exceptional flexibility with DA approved subdivision plans allowing for a staged development into three residential lots.
Whether you're a developer ready to build, an investor seeking long-term capital growth, a land banker securing a future development site, or a buyer looking to occupy while planning the next move, this property delivers outstanding versatility and future upside in a rapidly expanding corridor. The existing home provides immediate holding income or comfortable living while development plans are finalised.
Located within the Low Density Residential – Suburban Precinct, the site enjoys excellent exposure and convenient access to major infrastructure including shopping centres, schools, transport links and key employment hubs. With subdivision groundwork already completed, buyers can move forward with confidence and unlock the full potential of this impressive landholding.
The approved subdivision concept allows for a staged development, providing flexibility for buyers to either develop immediately or retain the existing dwelling while planning the next stage.
Approved Development Concept
Stage 1 Subdivision:
- Two residential lots
- Approx. 702m² + 1321m²
Stage 2 Subdivision:
- Further subdivision of the rear lot
- Creating two additional lots (approx. 790m² & 531m²)
Total Potential Outcome
- 3 residential lots across the 2,023m² site
This provides developers with a clear pathway for a multi-lot project in a high-demand residential corridor.
Existing Home Features:
- Three Bedrooms with Built-In Wardrobes | Functional Layout
- Open-Plan Living & Dining | Comfortable Family Living
- Well-Appointed Kitchen | Ample Bench Space & Storage
- Central Bathroom | Separate Toilet
- Covered Outdoor Patio | BBQ & Entertaining Area
- Single Car Garage | Side Access
- Large Fully Fenced Backyard | Garden Shed
Endless Possibilities:
- Develop multiple residential lots | Retain the existing dwelling for rental income | Renovate and hold | Or land bank this significant parcel for future growth.
- Opportunities like this are becoming increasingly rare in such a well-connected and high-- growth location, making this a strategic acquisition for developers and investors alike.
LOCATION HIGHLIGHTS:
- A prime position in the heart of Waterford West, offering unbeatable convenience and connectivity.
- Walking distance to Waterford Plaza Shopping Centre
- Minutes to Marsden Park Shopping Centre & Chatswood Central
- Short drive to Logan Hospital & Griffith University (Logan Campus)
- Close to Waterford West State School, Marsden State School & Loganlea State High
- Easy access to Logan Motorway, M1 & major transport routes
- Approx. 25 minutes to Brisbane CBD | 40 minutes to the Gold Coast
This is a rare opportunity to secure a large DA-approved development site with immediate income potential and strong future upside.
Our instructions are clear – this property must be sold.
Contact Marco Thang – NGU Logan today to register your interest or arrange further information.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however, we cannot guarantee or give any warranty about the information provided, and interested parties must solely rely on their own enquiries.
