On Site Auction Saturday 14th February, 10:30am at 11 & 11a Bindi Street, Logan Central
This is a powerhouse investment opportunity in the heart of Logan Central, offering dual rental income from a single title. The main residence at 11 Bindi Street features a functional high-set layout with three bedrooms, built-in robes, and ceiling fans upstairs, complemented by a versatile downstairs area complete with a kitchenette, multipurpose rooms, and a second bathroom. Just four years young, the modern granny flat at 11a Bindi Street provides a sleek, self-contained living space with two bedrooms, air conditioning, and its own carport. With both properties currently tenanted by residents who are eager to stay, this is a "set and forget" addition to your portfolio.
The financial profile of this property is as impressive as its layout, generating a combined rental return of $1,070 per week. The main house is secured until July 2026 at $630/week, while the contemporary granny flat is leased until October 2026 at $440/week, ensuring immediate cash flow and long-term stability. Situated in a high-demand pocket close to local amenities and transport, this dual-living setup maximises land utility and yield. Whether you are looking to capitalise on the growing Logan market or seeking a multi-generational living solution for the future, this property represents a rare and lucrative find.
11 Bindi Street (Main Residence)
Upstairs Living:
Open-plan living and dining area equipped with ceiling fans.
Functional kitchen featuring an electric hotplate cooktop, oven and ample storage.
Additional rear lounge room/ sunroom with direct staircase access to the backyard.
3 bedrooms featuring built-in wardrobes and ceiling fans.
Main bathroom with shower-over-bath and a convenient separate toilet.
Downstairs Utility:
Generous multipurpose area and additional multipurpose room, ideal for a home office or teenage retreat.
Convenient kitchenette and dedicated laundry room.
Second bathroom with a shower cubicle and toilet.
Ample integrated storage space.
Tenancy: Currently returning $630 per week (Lease expiry 22/07/2026).
11a Bindi Street (Modern Granny Flat)
Modern Construction: Only 4 years old with contemporary finishes.
Climate Comfort: Open-plan living/dining area with air-conditioning and ceiling fans.
Kitchen: Well-appointed with electric cooktop, oven and plenty of cabinetry.
2 Bedrooms: Both featuring built-in robes and ceiling fans.
Parking: Includes a dedicated private carport.
Tenancy: Currently returning $440 per week (Lease expiry 22/10/2026).
Useful information:
Video walk-through is available upon request
Logan City council rate: approximately $1,769 per quarter
Water rate: approximately $748 per quarter
Current market rental appraisal
Main House: $650 - $700 per week
Granny flat: $450 - $500 per week
Ensure to attend the open home to avoid disappointments
