25/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

SoldJul 15, 2022

25/1848 Logan Road, Upper Mount Gravatt, QLD, 4122

$250,000

Unit

•

21 days on the market

Sold: Jul 15, 2022

What's around 25/1848 Logan Road

UNDER CONTRACT!!!!!! STUDENT ACCOMMODATION WITH HIGH YIELD - APPROX 9.5%!!!!!!

UNDER CONTRACT!!! If you're a smart investor looking for a good rental return - this is your opportunity. With a yield of approximately 9.5%. Add this one to your portfolio. Rent for 52 weeks @ $605.00 per week - $31,460,000 Approximate Outgoings - - Body Corp $5,200.00 per annum - Internet and Electricity - billed directly to tenants within rent - Urban Utilities - $800.00 per annum University going tenants are looking for convenience and an urban lifestyle. Genesis 1 Student Accommodation is in an A grade position offering students easy transport options to several University campuses, shopping centres, cafes and restaurants. The unit is in good condition and finished with a neutral colour scheme. No 25 is open plan with 3 bedrooms, each with an ensuite bathroom, internal laundry, a spacious open plan kitchen, living and dining area opening to a large covered balcony overlooking the pool area. An onsite Manager is always on hand to facilitate the occupants, as well as to inspect and report to you on your property. The Body Corporate by-laws prohibit occupation by an owner. This facility is strictly for student rental, which further enhances your investment in the long term. Each room is individually leased. All apartments enjoy the communal outdoor entertaining area complete with pool, BBQ area, games room and gymnasium. Summary of features - - Three bedroom apartment with individual ensuite and built in robes to each bedroom - Full-time on site manager - Fully furnished with furniture package - Fully tiled living and balcony - carpet in bedrooms - Secure basement parking - Private Balcony overlooking swimming pool - Equipped with high speed internet access - Study facilities in room - Inground swimming pool - Gymnasium and BBQ area - Recreation Room - Body Corporate is approximately $5,200.00 per annum ** Please note - internal photos are over 12 months old and may not be a true representation of the current furniture Contact Sue Jackson on 0412 872 411 for all enquiries. ** All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.