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78 Glen Road
Logan Reserve QLD 4133
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Sold on 21 Sep 2023

78 Glen Road Logan Reserve QLD 4133

  • Development / Land
  • 1.74 ha
  • Sold, $2,960,000

SOLD and Settled! Strategic Amalgamation Transforms Five Properties into a 7.5 ha. of premium Development Site!

    Property Description:

    Property Overview:
    - Type: Combined Development Site
    - Sale Price: $12.36 Million
    - Strategy: Amalgamation of 5 properties

    Detailed Description:
    Located in a prime development zone, this amalgamated property came into existence through the visionary unification of five individual properties, eventually selling for an impressive $12.36 million. This sale serves as a benchmark for innovation and strategic thinking within the real estate sector, particularly when faced with market challenges.

    Despite grappling with market stagnation for six years and facing the brunt of eight unsuccessful listing attempts, the property's trajectory experienced a significant shift. This change was due to the introduction of an amalgamation strategy. Such an approach not only refreshed the property's appeal to potential investors and buyers but also set the stage for a fiercely competitive bidding process. The sale's culmination exceeded the original expectations of the owners by a considerable $2.66 million, indicating the potential of such visionary endeavors.

    Further enhancing the narrative of this sale is the evident role of robust industry connections, more so with some of the most reputed developers in Australia. By strategically leveraging these industry relationships, the property's unique offering was highlighted, which was instrumental in achieving the monumental sale. This transaction underscores the pivotal role that networking, understanding market dynamics, and forward-thinking play in transforming seemingly challenging real estate scenarios into success stories.

    GC Prestige
    GC Prestige
    5308/2 Clark St
    Southport, QLD 4215

    Property Highlights

    Date Sold21 Sep 2023
    Sold Price$2,960,000
    Floor AreaAsk Agent
    Land Area1.74 ha
    ParkingAsk Agent
    Property ID2019388538
    Category
    Last updated  28 Jul 2024
    Map for 78 Glen Road Logan Reserve QLD 4133
    GC Prestige
    GC Prestige
    5308/2 Clark St
    Southport, QLD 4215

    Property Highlights

    Date Sold21 Sep 2023
    Sold Price$2,960,000
    Floor AreaAsk Agent
    Land Area1.74 ha
    ParkingAsk Agent
    Property ID2019388538
    Category
    Last updated  28 Jul 2024

    Listed by

    More about 78 Glen Road Logan Reserve QLD 4133

    78 Glen Road Logan Reserve QLD 4133 is categorized as Land & Development Property. It has a land area of 1.74 ha. The listing ID for this property is 2019388538.

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