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18 Nestor Drive,
Meadowbrook 4131, Queensland

16,240m² land size
Land/Development

$12,500,000


Property details

LANDMARK DEVELOPMENT SITE OPPOSITE LOGAN HOSPITAL

- Land area: 1.624ha* (16,240m²*).
- Zone: Centre Zone (District Centre).
- Code assessable building height 25 metres^.
- Designated 'Gateway Site' in the Meadowbrook Master Plan 2016, permitting a potential building height of up to 40 metres^.
- Near level topography allowing for cost efficient development.
- The site has been cleared and decontaminated and is development ready.
- The site is very well suited for a range of development options, including retail, commercial, medical, education, hotel, short stay accommodation, residential, and aged care uses^.
- Critical shortage of residential accommodation in South-East Queensland, with the subject site providing scale to accommodate a number of major residential mixed-use schemes (concept development schemes available).
- Logan is one of the major population growth localities in South-East Queensland, with the projected population to exceed 500,000* by 2036.

Significant co-location attributes:
- Adjacent to the Logan Hospital, Woolworths anchored Meadowbrook Shopping Centre and Loganlea Train Station.
- Logan Hospital is currently undergoing a $1 billion* upgrade being one the largest ever hospital upgrades in the country (Stage 1 major expansion project is a $460 million* investment that will provide an additional 206 beds and is currently being delivered by John Holland; and Stage 2 Expansion project is a $530 million* investment that will deliver 112 additional beds).
- Proximity to the education and training campuses of the Griffith University Logan Campus, TAFE Queensland Loganlea Campus, and the Loganlea State High School.
- Excellent transport connectivity - adjoining the Loganlea Train Station, and in proximity to bus transport and the Logan and M1 Motorway.

For Sale via Offers to Purchase - Price on Application

For further information, please contact the Ray White Special Projects Qld or RWC Queensland Marketing Agents

*Approximately
^Subject to Council Approval

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