14/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

SoldJan 30, 2024

14/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

Amount undisclosed

Unit

•

12 days on the market

Sold: Jan 30, 2024

What's around 14/1848 Logan Road

Student Accommodation Complex

Designed to provide share accommodation for students, the well-appointed property represents a high performing investment prospect with excellent growth potential and a solid rental return. The apartment features bright interiors, smart modern finishes throughout. There are three oversized bedrooms plus an open living and dining space with a well-equipped kitchen and dishwasher. There is also separate access to the balconies in each bedroom which is a rare configuration for this complex. The fully managed complex offers sophisticated accommodation with first rate facilities including a swimming pool, gym and recreation breakout space. There is also excellent security with on-site management and intercom access, fast WiFi throughout and a great sense of community within the building. Achieving high performance returns, this quality property presents a great buying opportunity in a premium. Highlights include: - City express bus stops on Logan Road - Minutes' walk to Westfield Garden City or Coles Village - Gymnasiums, library, retail, cinema and cafes nearby - Local parks for recreation - 13km to Brisbane CBD or 20 minutes by car - 2km to Pacific Motorway and close to the Gateway Features include: - 3 separate student tenancies - Pool onsite and games room - 2.1km to Griffith Uni Nathan Campus - Gross rental income Approx: $37000 per annum - 3 beds, each with ensuite Income: • 14A - $235pw • 14B - $230pw - Increase from the 21st Feb 2024 to $245p/w • 14C - $235pw Outgoings: • Body Corp - $5,650pa • Council Rates - $1,800pa • Urban Utilities (Water) - $1,400pa • Services (Internet & Electricity) - $3,795pa ( based on 50 weeks occupied) All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

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Seller's review

about 2 years ago

Verified Review

Jonathan did a great job selling our property...

Jonathan did a great job selling our property. Achieved a great price for us and kept his finger on the pulse on all matters that needed tending to for the sale.

Tonys

Seller