This 2.41 ha vacant site is located in Logan Central, within walking distance of the Logan City Council Chambers, and is close to the Logan Central Station.
Earlier this year, the Logan City Council rezoned the land for mixed use development. In accordance with the mixed use rule, the lower floor of a building constructed on this site could be used for commercial purposes and the upper floors could be using for residential purposes. The City Council will allow a developer to build a building of no more than 5 floors on this site. All development infrastructure has been installed.
Your options as purchaser of this site would be to immediately develop the site or wait for capital appreciation.
