Sold
Last Asking Price - $950,000
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106 Atlantic Drive, Loganholme QLD 4129

Rural
522
Block size: 1958 m² approx.

Prime Development Opportunity with Existing Income Potential!

Introducing a prime investment opportunity at 106 Atlantic Drive, Loganholme, where a spacious 1958 sqm property meets unparalleled potential. Zoned for Low-Medium Density Residential, this land stands as a developer's dream canvas, ripe for transformation into a flourishing townhouse complex. The precedent set by similar properties in the area, which have successfully developed into 8-10 dwellings, underscores the promising prospects of this site.

While the land's development potential shines bright, the existing residence on the property is a significant asset. This well-maintained home not only complements the land but also offers immediate rental income potential, making it a smart holding property as you plan its future transformation.

The house itself welcomes with a spacious and inviting living room, complete with a ceiling fan to ensure comfort across all seasons. The master bedroom serves as a serene retreat, equipped with a ceiling fan and a practical built-in wardrobe. The additional two bedrooms are cozy, featuring soft carpeting, creating a comfortable space for relaxation. The home is well-serviced by a functional main bathroom and a separate toilet, designed to cater to the needs of a family or tenants. At its heart, the kitchen combines functionality with contemporary aesthetics, showcasing a stylish tile backsplash and modern stainless-steel appliances.

Outside, the expansive lawn stands as the property's main selling point, offering a vast space with limitless potential for leisure or further development. The patio area provides an ideal spot for outdoor dining and relaxation, allowing one to fully appreciate the expanse of the lawn. Additional features include a traditional Hills Hoist and a useful garden shed.

The property's location directly across from a park makes it ideal for families, offering a perfect blend of suburban tranquillity and urban convenience. Moreover, Loganholme's strategic location with easy access to amenities, schools, and transportation links enhances its appeal to potential residents.

With its significant land size, favourable zoning, and existing income-generating dwelling, 106 Atlantic Drive represents a rare investment opportunity. It's a chance to develop a thriving residential complex in a sought-after locale, making it an unmissable opportunity for visionary developers.

For more information and to explore this exceptional opportunity, interested parties are encouraged to make contact. This property is not just a home; it's a strategic investment waiting to be realised.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Manny Singh to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
5
Bathrooms:
2
Garage Spaces:
2
Property type:
Rural
Block Size:
1958 *

Other Details

Lot:
233
Plan Type:
RP
Plan:
116426
Legal description:
233/RP116426
Zevesto Property Group

Maps and area information

Block information
Block size: 1958 (approx)
Legal description: 233/RP116426
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
19 Apr 2024
Sold
Zevesto Property Group
Listed: 22/01/2024
Block size: 1958m²
Transfer type: Full transfer

Loganholme suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
36 years
Population
6,764
Listing ID: 182234741. This listing has been viewed 12 times. It was first displayed on 22/01/2024 and last updated on 19/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.