Located on an expansive 961m2 corner block, this complex comprising four units offers an excellent investment opportunity in the Logan growth corridor. The property currently provides a steady rental income, combined with extremely low vacancy rates- offering the buyer solid returns and potential for good capital growth.
This well designed brick development comprises of four, two-bedroom units. All units contain refurbished kitchens with quality bench tops and appliances and recently renovated bathrooms. These bright and neat units have open dining and living areas, with sliding door access to the low-maintenance gardens for the lower-level units.
The current weekly rental estimate of between $260-$280 per week, offers the potential for an excellent annual rental income of between $54,080 -$58,240.
Investment property features:
4 x 2-bedroom units, 961m2 corner block
6 car parks
Single title, no body corporate fees
Excellent rental returns, low vacancies
Low maintenance surroundings.
Twenty-five minutes from Brisbanes CBD, Logan Central is located in a high-growth corridor between Brisbane and the Gold Coast. The area offers great value and is well serviced with transport networks including excellent public transport access and benefits from expansive green areas including parklands and open spaces. This unit complex is well-located to amenities- including cafes and shops and is a short walk to the Woodridge Train Station and the Logan Central Plaza.
This is a rare opportunity to secure an investment property with substantial returns and growth potential- with no body corporate fees. This property will be sold by tender, with all offers to be submitted by 5th November 2021 at 5pm.
Contact Chris Meadmore for a property information pack