Tucked away on a quiet avenue and yet only minutes from the hustle and bustle of the Logan Hyperdome in a large flat block brimming with potential. This beloved family property is a being offered to the market for the first time in almost 50 years! It represents an incredible opportunity to purchase a great retirement nest egg! The current zoning is Residential 250 (medium density), the allowable height of any construction is 8.5 metres, the allowable density is 75% of the site area and up to 6 multi-unit dwellings are possible. WHAT WE LOVE ABOUT THIS PROPERTY: Nathan Strudwick from Elders Real Estate said, "Great news, I have a new listing that has development potential for 6 townhouses (subject to Council Approval). The house on the block is very liveable while you plan your development. Feel free to do a drive by." Inside Upstairs: •Three bedrooms with built in robes •One bathroom •Enclosed verandah at front •Hardwood timber floors •Carpeted lounge •Kitchen looking onto breakfast room •Large back deck •One split system air conditioning unit and one box unit •Ceiling fans Downstairs: •Not legal height •Multipurpose rooms •Cooking area •Storage areas Outside: •1,475 M2 approved for townhouses 1 into 6 •Flat block with house in the middle •6m x 7m approx. shed •Mature trees in the front yard •Very old macadamia tree in back yard •Fruit trees SERVICES: •Town water and sewerage •Rental appraisal available on request LOCATION: •Close to Loganholme State Primary School •Minutes to Alexander Clark Park •Convenient access to Logan Motorway •Convenient access to Logan Hyperdome •10 minutes to John Paul College •15 minutes to Griffith University Logan Campus •30 minutes to Brisbane CBD •30 minutes to the Coast