Positioned in a sought-after pocket of Logan Reserve, 37 Miamax Place presents an outstanding opportunity for investors seeking dual rental income, strong cash flow and long-term growth potential.
Built in 2019 on a 405m² block, this well-maintained dual-key property offers two fully self-contained residences under one roof, providing an attractive combination of functionality, flexibility and low-maintenance living.
With both residences currently leased and generating a combined $960 per week, this property is already delivering a solid rental return, with further potential to increase the income in the future.
Residence One 1/37 | 3 Bed, 2 Bath
• Three spacious bedrooms, all with built-in wardrobes and ceiling fans
• Master bedroom with private ensuite & Split System Air-conditioning
• Modern kitchen with stone benchtops and stainless-steel appliances
• Open-plan living and dining area
• Split-system air conditioning to the kitchen, lounge, dining and master bedroom
• Fully fenced private backyard
• Single remote lock-up garage
Residence Two 2/37| 2 Bed, 1 Bath
• Two generous bedrooms with built-in wardrobes & Ceiling fans
• Modern kitchen with stone benchtops and stainless-steel appliances
• Open-plan living and dining area
• Split-system air conditioning to the kitchen, lounge, dining and master bedroom
• Fully fenced private backyard
• Single remote lock-up garage
Investor Highlights
• Dual-key configuration with two independent residences
• Built in 2019
• 405m² block
• Currently returning $960 per week
• Potential rental income of up to $1,090 per week based on current appraisal
• Both residences currently secured by leases through 20 March 2027
• Quality fixtures and fittings throughout
• Low-maintenance design
• Two separate garages and private yards
• Ideal for investors seeking diversified rental income from one property
• Attractive option for long-term portfolio growth
The dual-key design also provides flexibility for multi-generational living, extended family accommodation or an owner-occupier seeking separate living arrangements, while retaining the appeal of two independent homes.
Current Rental Income
• 1/37 Miamax Place: $510 per week - lease until 20/03/2027
• 2/37 Miamax Place: $450 per week - lease until 20/03/2027
Total current rental income: $960 per week
Current rental appraisal:
• 1/37: $570-$590 per week
• 2/37: $470-$500 per week
Potential combined rental income: up to $1,090 per week
Council & Water rates: approximately $1,000 per quarter
Both residences are currently occupied by long-term tenants who have taken exceptional care of the property and consistently maintain the homes to an immaculate standard. The property has been well looked after, with the residences presenting in excellent condition and reflecting the pride of the current occupants.
For investors, this provides the added peace of mind of having reliable tenants in place who genuinely care for the property, helping preserve its presentation and condition while providing consistent rental income.
Location Highlights:
Situated in the growing and family-friendly community of Logan Reserve, 37 Miamax Place offers convenient access to a range of everyday amenities, education, recreation and shopping options.
• Logan Reserve Shopping Village is close by, offering Woolworths, pharmacy, medical services, dining, café and other everyday conveniences.
• Close to Logan Reserve State School and a range of nearby childcare and education options.
• Easy access to local parks, playgrounds and family recreation areas, including Stoneleigh Reserve Park and Findersia River Park.
• Nearby medical services, including Doctors at Logan Reserve, as well as a range of medical facilities throughout the surrounding suburbs.
• Convenient access to major shopping precincts including Crestmead Central, Grand Plaza Browns Plains and Logan Hyperdome.
• Well positioned for access towards Logan Central, Beenleigh, Brisbane and the Gold Coast, supporting the area's appeal to both owner-occupiers and tenants.
• A family-oriented community with expanding local amenities, parks, schools and services.
• Excellent lifestyle appeal with a balance of quiet residential living and convenient access to major employment and service centres.
Logan Reserve continues to benefit from ongoing residential development and expanding infrastructure and amenities. Its position within the broader Logan region provides access to major employment, education, health, shopping and transport hubs. An important consideration for investors seeking a property with strong tenant appeal and long-term potential.
Properties offering this level of dual-income flexibility are highly sought after. Secure it today and add a quality, income-producing asset to your portfolio.
Call today to arrange your private inspection, or keep an eye on the listing for upcoming open home times.
Disclaimer:
The information provided herein is based on sources considered reliable; however, independent verification is recommended. Harcourts Evolution accepts no responsibility for any inaccuracies or errors. Images are for illustrative purposes only and may include virtual staging or editing. Prospective buyers are encouraged to inspect the property in person for an accurate assessment.
