18 & 20 Eleanor Avenue, Underwood, Qld 4119

An exceptionally rare opportunity in the heart of Underwood, 18 & 20 Eleanor Avenue are being offered together as one outstanding acquisition, comprising two adjoining titles with a combined landholding of 1,614m² (807m² each). Positioned within the sought-after Medium Density Residential zone, this is a unique opportunity to secure a substantial development site in one of Logan's fastest-growing precincts.

With two existing homes offering a combined seven bedrooms and two bathrooms, the properties provide immediate holding income potential while future plans are explored. The generous combined landholding, excellent frontage and favourable zoning create exceptional scope for developers, investors and land bankers seeking to capitalise on the area's strong growth and increasing demand for medium-density housing (STCA).

Whether your vision includes townhouses, boutique residential development or securing a strategic landholding for the future, opportunities to acquire two side-by-side properties of this scale, in this location, and on adjoining titles are becoming increasingly scarce. The current Logan Planning Scheme supports medium-density residential development in appropriate locations, with site-specific outcomes subject to Council approval.

Ideally positioned in the heart of Underwood, the property is just 3 minutes drive from Underwood Marketplace, 14 minutes drive to Logan Hyperdome Shopping Centre, 3 minutes to the Pacific Motorway (M1), 8 minutes to Kuraby Train Station, approximately 20 minutes to the Brisbane CBD and around 35 minutes to the Gold Coast. Surrounded by quality schools, parks and everyday amenities, the location offers exceptional convenience alongside outstanding long-term growth potential.

Land Highlights:
* Two adjoining titles to be sold together
* Combined landholding of 1,614m² (807m² + 807m²)
* Two existing homes with a combined 7 bedrooms and 2 bathrooms
* Medium Density Residential zoning
* Outstanding development potential (STCA)
* Holding income potential while planning future development
* Excellent access to the M1, shopping centres, schools and public transport
* Rare opportunity to secure two adjoining development sites in a tightly held growth corridor


DISCLAIMER: In preparing this information, we have used our best endeavours to ensure that the information contained therein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own council and financial inquiries to verify any information contained herein. The advertised bedroom and bathroom totals represent the combined improvements across both properties. 18 Eleanor Avenue comprises a three-bedroom, one-bathroom dwelling, and 20 Eleanor Avenue comprises a four-bedroom, one-bathroom dwelling. The properties are being offered for sale together as one combined offering and are not available for separate purchase. Both dwellings are currently tenanted.

This property is being sold without a price therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Type

House

Bedrooms

7

Bathrooms

2

Parkings

4

Area

1,614 m²