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. Location is 28km from Brisbane CBD – just 31 minutes travel time – and 45 minutes to the Gold Coast
Waterford is one of the most accessible areas of Logan and is called “the city between two cities”. This location represents presents an exclusive opportunity for investors seeking high yield and capital growth in the very heart of one of Qld’s highest and strongest growth locations.
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: Lot 437 – 110 Grand Terrace, Waterford
Land size: huge 805m2 corner lot, Registered
Dual occupancy property – ALREADY CONSTRUCTED/ SUITABLE SMSF/ SINGLE CONTRACT PURCHASE ONLY
Dwelling 1: 3 beds, 2 baths, 1 car – size 108.39m2
Dwelling 2: 2 beds, 1 bath, 1 car – size 67.75m2
Total internal size; 176.15m2
FIXED COST PRICE: $566,000
Rental Return: $650 per week combined – 5.9% gross rental return on current rental. Main dwelling rental is $350 per week and secondary dwelling rental is currently $300 per week
TENANTS ARE IN PLACE AND PAYING RENTAL: in 6 months this rent will increase to $670 to $680 per week
To purchase: $1000 on Expression Of Interest – increase to 10% deposit on unconditional finance approval with settlement on or before 35 days from date of contract

Due to tenants being in place please make appointment to inspect.

FOR SALE: $566,000

Kaye Tilley 0418 823 046