Back 43 Spruce Street
Off Market

43 Spruce Street

Loganlea QLD 4131

4
2
2
780 m²
House
Last sold for $565,000
Steve LandetaSteve Landeta, last sold this property on 24 February 2022 after 24 days on market.

Overview

Renovators or Investors Must Inspect.. Dual Dwelling Potential

Calling all investors, handymen or renovation enthusiast's - With a little bit of creativity, this spacious home in its current design, sitting on a flat 780m2 block could easily be converted into so much more. By adding a few minor improvements, the new owner could expand on the 2 bedroom auxiliary unit option or construct a dual dwelling (Granny flat) with 1-2 bedrooms at the rear of the current home (STCA). This not only will add value as an investment property but will allow further versatility for any owner-occupied buyer looking for a large family home with dual living, on a big block, within the Loganlea area. Some great highlights of the home are a giant master bedroom with ensuite and walk-in robe, large kitchen with dining area, three living areas, optional 5th bedroom/Study or family dining room. Potential to split into a dual occupancy or auxiliary unit arrangement (STCA) or just continue renting out to the current tenants as one entire home at $450 per week. Features include: Giant master size main bedroom with ensuite Great sized secondary bedrooms Study/Dining or optional 5 bedroom Modern main Kitchen Tandem carport Huge living room with air con Secondary kitchenette Separate Laundry 5.6kw Solar system Garden Shed Space for 1-2 bedroom Granny flat or 2 bedroom Auxiliary unit (STCA) Flat 780m2 block of land With a little bit of TLC this home has huge potential making this a worthy addition to any property portfolio. Please call Steve Landeta on 0435 890 517 for more information

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
780 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Loganlea over the last 12 months, the estimated median property value of 43 Spruce Street is $857.5k.

Median value
$857.5k
Estimated value range
$611.2k - $1.03m
Median days on market
28
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Loganlea. 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 43 Spruce Street

2022
Sold
$565,000
24 Feb 2022 by Steve Landeta, of Ray White Holland Park
2015
Sold
$382,000
14 Sep 2015 by Melissa Verschuur, of Avenue

Happy sellers in Loganlea

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

Loganlea stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 44 reviews in Loganlea over the last 12 months.

Local market activity for 4 bedroom houses in Loganlea

In the last 12 months, 45 four-bedroom houses similar to 43 Spruce Street, have been sold.

This represents a 31% decrease in four-bedroom houses sales when compared to the previous 12 months.

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