Back 20/1848 Logan Road
Off Market

20/1848 Logan Road

Upper Mount Gravatt QLD 4122

3
3
1
84 m²
Unit
Last sold for $440,000
Simon PenroseSimon Penrose, last sold this property on 23 December 2025 after 32 days on market.

Overview

Student-only tenancy which maximises rental return

Discover exceptional investment value with this contemporary three-bedroom, three-bathroom unit, perfectly positioned in the heart of Upper Mount Gravatt. Just minutes from Griffith University, this student-only residence combines unbeatable convenience, modern comfort, and consistently strong rental demand. With its intelligent layout, resort-style facilities, and prime location, 20/1848 Logan Road stands out as a rare opportunity in one of Brisbane's most sought-after student rental markets. Investment Highlights • Outstanding 9% yield • All three bedrooms leased individually under rooming accommodation • Total rental income: $760 per week • Leases expire: 18 July, 26 January, 31 January • Low vacancy rates ensuring stable, high occupancy Outgoings: • Body Corp - $1,683 per quarter • Council Rates Approx - $548.80 per quarter • Urban Utilities - $535.13 per quarter • Services (Internet & Electricity) - Approx $948 per quarter Apartment Features • Three bedrooms, each with a private ensuite, ceiling fan, and built-in robe • Modern, fully equipped kitchen with dishwasher • Open-plan living and dining area with air-conditioning • Large private balcony for outdoor relaxation • Internal laundry facilities Complex Amenities • Resort-style swimming pool with sun lounges • BBQ area and outdoor patio • Fully equipped gym • Air-conditioned games room with pool table • Dedicated study area • Secure complex with onsite management • Dedicated onsite manager providing peace of mind Unbeatable Location • 1 km to Westfield Garden City • 2 km to Griffith University • 4 km to TAFE Mount Gravatt • Express city bus stops on Logan Road • Easy access to the Pacific Motorway and Gateway Motorway • Only 13 km to Brisbane CBD This is a must-inspect for savvy investors seeking long-term performance, strong yields, and low-maintenance peace of mind. For more information or to arrange an inspection, contact Simon Penrose. Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

Features

3 bedrooms
3 bathrooms
1 carspace
1 open car space
84 m² floor area
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Upper Mount Gravatt over the last 12 months, the estimated median property value of 20/1848 Logan Road is $442.5k.

Median value
$442.5k
Estimated value range
$375k - $920k
Median days on market
33
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Upper Mount Gravatt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20/1848 Logan Road

2025
Sold
$440,000
Private Sale/Treaty on 23 Dec 2025 by Simon Penrose, of Belle Property Wilston
2014
Sold
$260,000
Private Sale/Treaty on 04 Apr 2014 by Ken Chin, of Ray White Mount Gravatt

Happy sellers in Upper Mount Gravatt

91%
91% of sellers in Upper Mount Gravatt reported that their sale price either exceeded or met their price expectations.

Upper Mount Gravatt stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Upper Mount Gravatt over the last 12 months.

Local market activity for 3 bedroom units in Upper Mount Gravatt

In the last 12 months, 7 three-bedroom units similar to 20/1848 Logan Road, have been sold.

This represents a 100% decrease in three-bedroom units sales when compared to the previous 12 months.

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