Positioned in one of Logan's consistently high-performing investment pockets, this well-located corner block property on 739m² offers investors an exceptional opportunity to secure immediate rental income while unlocking future development potential.
The home itself is neat, functional and designed for comfortable everyday living. Inside, you'll find a practical kitchen with plenty of cupboard space, ideal for tenants seeking functionality and storage. The open-plan living and dining area is spacious and welcoming, complete with air conditioning, creating a comfortable central hub of the home.
There are three well-sized bedrooms, all featuring built-in robes and ceiling fans, while the main bathroom offers convenient two-way access, providing practical functionality for families and tenants alike.
Outside, the home continues to impress with a large undercover entertainment area, perfect for year-round outdoor living and entertaining - a feature that tenants truly value.
Currently tenanted by long-term tenants with an upcoming lease expiring in May, who would love to stay on, offering investors immediate rental income from day one, with the potential to increase from the 21st of May this year.
Where this property truly shines is the layout and positioning of the home on the block. Sitting strategically to one side, it creates a large usable section of land on the right-hand side, making it ideal for the addition of a granny flat (STCA) to capitalise on dual-income potential. The corner block position further enhances access and flexibility, making future improvements or secondary dwellings even more appealing for investors looking to maximise returns.
Location is another major drawcard. Tenants will love the walk-to-everything convenience, with Marsden State High School, Marsden State School and Marsden Park Shopping Centre all just minutes away, along with a wide selection of dining, shopping and everyday amenities. Commuting is easy with the Logan Hyperdome just a five-minute drive, plus Loganlea and Woodridge train stations nearby, offering excellent connectivity to Brisbane and the Gold Coast.
Waterford West continues to be a standout suburb for investors, driven by strong population growth, infrastructure investment and ongoing demand from both renters and owner-occupiers. Its affordability compared to neighbouring suburbs, combined with proximity to major transport corridors, schools, shopping centres and employment hubs, has made it a consistent performer for capital growth and strong rental demand. Opportunities to secure large, well-positioned blocks with future development potential are becoming increasingly rare.
Whether you're looking to secure a strong long-term investment, add a granny flat to maximise rental yield, or land bank in a high-growth corridor, this property offers the fundamentals that savvy investors look for - location, land size, tenant stability and future upside.
