1726 Logan Road, Upper Mount Gravatt QLD 4122

Vacant mixed-use land near Olympic venue | 809m² with 21.4m frontage | held since 1981 | no flooding risk This property is a rare undeveloped mixed-use site in a location that will benefit directly from Olympic infrastructure. The 809m² block with its generous street frontage offers configuration flexibility that most comparable sites lack. The absence of flooding and long-term single ownership suggest clean title and minimal latent issues. It is best suited to an investor or developer looking to capitalise on event-driven demand rather than a passive holder of residential land. The primary risk is that the value proposition hinges on council approval for commercial or parking use, which is not guaranteed and may involve time and cost. The 1981 purchase price means the vendor has minimal holding cost, but this does not affect a buyer’s position. The strongest opportunity is parking or rooming accommodation given the stadium proximity. Hold for rezoning confirmation or develop for short-term Olympic use, then pivot to mixed-use commercial or subdivision.