23 November 2022
investLogan, Logan City Council’s independent investment and property development company, has announced its strategic acquisition of a Rochedale South site for the delivery of a new low density residential development to support population growth and increase housing choice within the City.
The site, formerly a childcare centre which was closed down in mid-2022, will be redeveloped to deliver six new low density residential allotments to facilitate the future construction of up to seven new residential homes.
investLogan intends to commence civil construction in early 2023 with subdivision works expected to be completed by mid 2023. A sales and marketing campaign will also be launched by investLogan in early 2023.
investLogan CEO Medy Hassan said the site provided a valuable opportunity to deliver an urban renewal project that will provide for new housing and enhance the diversity of housing stock in Rochedale South.
“The project aligns with our Strategy to expand and reimagine investment and development opportunities that have a direct benefit for our Shareholder, the Logan City Council, and to the local community.
“Delivering on this vision will see new homes come to market, making way for the fast-growing population that recognise Rochedale South as a desirable suburb with great connectivity and an enriching lifestyle proposition.”
Located at 38-42 Sunningdale Avenue Rochdale South, investLogan has received Development Approval for the proposed subdivision and Building Approval to undertake demolition works which will be complete by mid December.