39-41 Johanna Street Jimboomba QLD 4280

The project has a subdivision approval 1 into 2 lots (around 1600m2 each): Front lot and Rear lot
The Front lot has an existing house generating around $38,500 p.a.
Full DA Approval for a good mix of 27 x Two Bedroom and 10 x One Bedroom Apartments per lot (74 in total)
Unique opportunity to develop land within walking distance of rapidly growing Jimboomba Town Centre
Thoughtfully designed layout
Flood free, gentle undulating rectangular block
Alternative uses possible: Childcare, Retirement Village, Medical, Townhouses, Community Residence (respite, nursing home, etc.), STPP

PRICE:
Front lot Price $1.8m
Rear lot price $1.7m
Both lots can be purchased for $3.3m
GST is applicable to sale of this property

TOTAL LAND AREA: 4,000 sqm.

Location:
Jimboomba is situated on the Mount Lindesay Highway, 29.6kms by road south-east of Logan Central and 48.7kms by road south of Brisbane central business district. The western part of Jimboomba is bordered by the new suburb of Glenlogan and the Logan River. The Queensland Government's current plan is that Jimboomba will become a major residential and business area within the Brisbane metropolitan region, as part of the Greater Flagstone Priority Development Area, which will house up to 150,000 additional residents in coming decades.