GC Prestige Group, represented by Oktay Vali, successfully launched the 2.08-hectare development site at 170 Loganview Road, Logan Reserve.
The site, ideally located within one of Logan's fastest-growing residential corridors, features favorable zoning conditions for residential development and benefits from proximity to essential amenities, including schools, shopping centres, parks, and public transportation.
The property sold remarkably in just 33 minutes—a result of strategic relationship management and sustained market engagement by Vali over 18 months.
Vali established a professional relationship with the buyer in February 2023, maintaining ongoing communication about potential sites. This strong rapport allowed for swift recognition and action when the site became available.
Initial contact with the sellers occurred in May 2023. Although they were initially committed to another developer, Vali maintained regular communication, enabling readiness when they decided to re-enter the market.
Prior to the public listing, Vali discreetly informed a select group of developers, assessing early market interest. Following the public announcement at 8:37 am Wednesday, Veil promptly notified his network of professional developer contacts.
At 9:12 am, the buyer contacted Vali; a formal offer was issued at 9:13 am; and by 9:20 am, the contract was executed.
The rapid transaction reflected extensive preparation: the purchaser had completed thorough due diligence and feasibility studies, while the sellers had previously engaged extensively with the market, facilitating immediate acceptance of the offer.
Vali’s use of advanced digital transaction platforms expedited the document preparation and signing processes, significantly reducing typical delays associated with manual handling. The efficiency and seamless integration of digital platforms allowed for instantaneous amendments and approvals, further contributing to the swift conclusion of the transaction.
Over the past year, Vali has brokered 24 similar transactions across South East Queensland.
