Set on a 450m2 elevated block, this low-maintenance property offers dual unit occupancy, with two separate dwellings with all the necessary amenities - that's two for the price of one! This exclusive new listing enables you to invest or buy. Invest and you'll receive ample income return from tenants. Or buy and live in one and rent out the other, or live in one and use the second as a teenager's retreat or a private haven for elderly parents.
Known on the financial market as a 'cash cow', it offers substantial returns. Unit 1 has 3x bedrooms, 2x bathrooms, and 1x lock-up garage and in terms of potential income, is currently being rented for $530 per week till 17 Jan 2025. Unit 2 has 2x bedrooms, 1x bathroom, and 1x lock-up garage, and is currently being rented for $440/week till 25 Jul 2025. That's a total of 5x bedrooms, 3x bathrooms, and 2x separate lock-up garages, plus additional driveway parking for both tenants. And a total income return of $970per week! For investors, it's also potentially a positive gearing investment.
5-years-new, it has modern fixtures and fittings, a brick construction that offers insulation and sound proofing, and it's surrounded by shops, schools, and parklands. It's also conveniently located mid-way between Brisbane and the Gold Coast.
Unit 1 features ceiling fans and LED lights throughout, and the automatic lock-up garage has an internal laundry and is big enough to easily house a large SUV. Three bedrooms all have built-ins, including a master that also has an ensuite and a walk-in robe. An air-conditioned open plan living and dining area is adjacent to the kitchen which features a pantry, Caeserstone bench tops, and near-new appliances including a dishwasher, ceramic cook top and electric oven. All three of these spaces seamlessly connect ensuring memorable meals and cosy TV-watching, and a separate toilet and a modern bathroom complete the interiors. Outside is an outdoor area for year-round entertaining, retaining walls that support lush, easy-care gardens, and a grassy lawn that offers lots of playtime for little ones (and their furry friend).
Unit 2 also features a lock-up garage, and private entry to the unit is from the side of the property. It boasts an air-conditioned open plan living area, a study nook (which could be converted to a casual dining area), and a kitchen with Caeserstone bench tops, a dishwasher, an electric oven, a ceramic cooktop and lots of cabinetry for handy storage. Both bedrooms have built-ins and ceiling fans, and one also has air conditioning. The shared bathroom is amply-sized with a toilet and a huge shower.
Location-wise, it is minutes from Loganholme State School, and close to the Hyperdome and the Logan Motorway offering easy access to Brisbane and the Gold Coast. It is also minutes from the Logan River Parklands for weekend picnics, fishing and kayaking.
PROPERTY FEATURES:
+ 450m2 elevated block
+ Brick home close to shops, schools and the M1
+ Mid-way between Brisbane and the Gold Coast
+ Two separate units offering amazing living and/or rental opportunities
+ Potential combined income of over $970per week
+ 5 years new
+ Unit 1: 3x bedrooms, 2x bathrooms, 1x lock-up garage, open plan living/dining, kitchen and outdoor entertaining area
+ Unit 2: 2x bedrooms, 1x bathroom, 1x lock-up garage, open plan living room, kitchen and study nook
The sellers are definitely selling, so make an offer ASAP!
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
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