188 Waterford-Tamborine Road, Waterford QLD 4133

47 acres of land located directly onto Logan River waterfront, distance 25 minutes from Brisbane, 40 minutes to Gold Coast and 5 minutes distance to Logan Village Woolworth Shopping and retirement resort plus a new expansion of town centre at Logan Village.

Currently there is a spacious 5 bedroom residence - includes master with ensuite and double garage

Two steel constructed working sheds, one 700 square foot shed
and another 250 square foot shed

Two dams and two rain water tanks

Bitumen road frontage: 422.4m

Short distance to Waterford Plaza, Woolworths, Bunnings & Canterbury College.

The property achieves the following rental income:

1. House 5 bedrooms, 2 baths & 2 garages with 2 big sheds(one 700sqm & 250sqm) rent out for $3,600 each month income $43,200 a year - they are running their own business for many years.
2. New tenant for farm pay $10,000 per year on a signed lease 1 + 1 + 1 + 1 + 1 options

Total rental incomes $53,200 per year

Please contact the exclusive agent Judy Chen