As Exclusive Agents King & Co Property Consultants are pleased to offer for sale via Expressions of Interest 190 Logan Road, Woolloongabba. This outstanding property provides solid holding income with development upside.
- Prime city fringe corner site
- 658 sqm building on a 1,533 sqm land
- Zoned HDR2 High density residential (Up to 15 storeys) - permissible 6 storeys
- Fabulous land bank opportunity
Located on this prime corner site in the emerging city fringe suburb of Woolloongabba within easy walking distance to the proposed 'Gabba' Olympic Stadium is this future development site with holding income. Land size of 1,533sqm zoned HDR2 High density residential (Up to 15 storeys) under the Woolloongabba centre neighbourhood plan this allows for a 6 storey development. 190 Logan Road has a lease to GPC Asia Pacific (Repco) until 25 August 2027 with no further options. The office/showroom/warehouse of 658sqm on 1,533sqm land has a current net rental $ 254,016 p.a (excluding Land Tax). Its prime corner position is ideal for redevelopment in this thriving city fringe location.
Don't miss this opportunity to secure this prime development site with zoning for HDR2 High density residential (Up to 15 storeys) - 6 storeys permissible. They're not making any more and this 1,533sqm corner site is ripe for the picking. Additionally, it provides excellent existing income.
For further details, please contact our exclusive agent Robert Finlay 0411 747 165.
