$935,000

5 Bed  •  3 Bath  •  2 Car

Main view of Homely semi-detached listing, 54 Logan Reserve Road, Waterford West QLD 4133
Floorplan of Homely semi-detached listing, 54 Logan Reserve Road, Waterford West QLD 4133
Second view of Homely semi-detached listing, 54 Logan Reserve Road, Waterford West QLD 4133
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Sold

54 Logan Reserve Road, Waterford West QLD 4133

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$935,000

  • 5
  • 3
  • 2

Semi-detached Sold on Tue 10 Sep, 2024

What's around Logan Reserve Road

Semi-detached description

“A spacious dual-key property, currently generating $1000 per week”

This Huge, well-built dual key property is a perfect investment, boasting excellent long-term tenants and a robust return on investment. Situated in a prime location, it promises both current rental income and future capital growth, setting it apart from typical investment properties.

Property Overview:
Lot Size: 523 m²
Configuration: Two separate units.

Unit 1:
3 Bedrooms, 2 Bathrooms, 1 Car Garage
Living Area: Open-plan layout connecting the living, dining, and kitchen areas to a patio.
Kitchen: Modern with stone benchtops, ample storage, and a gas cooktop.
Bedrooms: Three spacious, carpeted bedrooms with built-in wardrobes, ceiling fans, and a master bedroom with an ensuite and large wardrobe.
Climate Control: Air conditioning in both the living area and master bedroom.
Bathrooms: Neat, functional layout with an ensuite for the master bedroom.
Garage: Single remote-controlled lock-up garage with internal access and laundry facilities.
Outdoor: Fully fenced, secure backyard.
Lighting: LED lights throughout.
Current Rent: $520 per week (lease until 21/06/2025).
Potential Rent: $560 per week.

Unit 2:

2 Bedrooms, 1 Bathroom, 1 Car Garage
Living Area: Open-plan design extending to a patio.
Kitchen: Modern with ample storage and a gas cooktop.
Bedrooms: Two well-sized, carpeted bedrooms with built-in wardrobes.
Climate Control: Air conditioning in the living area and master bedroom.
Bathroom: Spacious, well-designed bathroom.
Garage: Single lock-up garage with separate laundry and storage facilities.
Outdoor: Fully fenced yard.
Lighting: LED lights throughout.
Current Rent: $480 per week (lease until 27/07/2025).

Financial Highlights:
Combined Rent: $1000 per week
Potential Future Rent: $1,040 per week
Council Rates: Single rate for the entire property
No Body Corporate Fees

Prime Location:
Schools:
5 minutes to Marsden State School
2 minutes to Marsden State High School
7 minutes to Canterbury College

Shops & Facilities:
3 minutes to Marsden Park Shopping Centre
3 minutes to Waterford Plaza
6 minutes to Bunnings and Aldi

Transport:
3 minutes to Bus stop
31 minutes to Brisbane CBD
33 minutes to the Gold Coast

Don't Miss Out!
This gem of an investment in the sought-after suburb of Waterford West won’t last long. Secure your dream property today!

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