Waterford is a residential suburb of Logan City, Queensland. The eastern boundary and part of the southern boundary follow the course of the Logan River. The suburb is the home to Marsden State High School in the west.
It has a shopping centre called Waterford Plaza close to a road bridge across the Logan. Around this area the main roads, Kingston Road and Loganlea Rd intersect. The area has some retail development as well as historical significance to Logan City. The centre adjoins a lake lagoon known as Tygum Lagoon.
Location is 28km from Brisbane CBD
Suburbs around Waterford are: Marsden, Loganlea, Logan Reserve and Bethania.
Waterford is home to mainly young families and young business and professional people. Due to the convenient access to public transport via roads and rail many who reside in Waterford work in Brisbane or Inner city suburbs.
The Opportunity: 286A Dairy Creek Road, Waterford
Land size: 413m2 Registered
Dual occupancy property – ALREADY CONSTRUCTED/ SUITABLE SMSF/ SINGLE CONTRACT PURCHASE ONLY
Dwelling 1: 4 beds, 2 baths, 1 car
Dwelling 2: 2 beds, 1 bath, 1 car
Total internal size; 218.51m2
FIXED COST PRICE: $591,000
Rental Return: $670 per week combined – 5.9% gross rental return on current rental
TENANTS ARE IN PLACE AND PAYING RENTAL: in 6 months this rent will increase to $770+ per week
To purchase: $1000 on Expression Of Interest – 10% on unconditional finance approval with settlement on or before 35 days from date of contract

FOR SALE: $591,000
Kaye Tilley 0418 823 046