34/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

SoldJul 28, 2015

34/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

$315,000

Unit

•

30+ days on the market

Sold: Jul 28, 2015

What's around 34/1848 Logan Road

Investors Alert! Over 10% Gross Returns

Calling astute investors who can recognise a great deal when they see one. With tenants and management in place, all you have to do sit back and watch your investment grow. Current vendors are restructuring their port folio, giving opportunity for you to get into this amazing opportunity. A fully managed complex of 59 specialised accommodations; we present you a top floor unit overlooking the scenic views of Mt Gravatt. The spacious unit is complemented with an air conditioned, open plan living, massive concrete balcony and internal laundry as well. Each of the bedrooms comes complete with bed, study desk, mirrored built-in wardrobes as well as a private en suite. Management and facilities are all uniquely designed to accommodate student living. A special note that the management here is run very smoothly, and in keeping with that a very low vacancy rate. With the proximity to Griffith University and easy public transport to all other major universities, this is an attractive hub that students flock to and as such a very high rental demand location. Apartment Features: 3 self contained bedrooms with private en suite High speed internet cable connections in every room Kitchen with all cooking facilities, fridge and dishwasher Hide-away laundry in the apartment Huge entertainment balcony with scenic views Hi speed wifi internet access Apartment located above management Complex Facilities include: Indoor gym and recreational area, including a pool table Large outdoor swimming pool Covered bbq and communal entertainment area Gated and secured complex with underground parking On-site management caring for the site as well as tenants. Access to Universities and amenities including:- Walk to shops and even Garden City Westfield Close to Griffith University Public transport to UQ, QUT, Southbank Tafe, Mount Gravatt Tafe, and many more. Rental return on this investment is $630 per week ($32760 per annum), showing over 10% gross returns. Combined with 95% vacancy rate, even the most novice of investors can see that this is a fantastic opportunity. Breakdown of expenses available upon request. This accommodation is for inspections by appointments only, so call now to secure your chance to purchase. Fantastic turn key investment with great return Hugh rental demand area Walk to shops and Garden City Westfield Quick access to all major Universities Excellent management and vacancy rates 3 Bedroom each with en suite