FOR SALE
U/C PRIOR AUCTION

15 Bimbadeen Drive
Loganholme QLD 4129

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 450m2
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5 Years New Cash Cow! 2x Separate Private Units for Extended Family or Positive Gearing Investment (Potential Yield over 5.5%!)

Set on a 450m2 elevated block, this low-maintenance property offers dual unit occupancy, with two separate dwellings with all the necessary amenities - that's two for the price of one! This exclusive new listing enables you to invest or buy. Invest and you'll receive ample income return from tenants. Or buy and live in one and rent out the other, or live in one and use the second as a teenager's retreat or a private haven for elderly parents.
Known on the financial market as a 'cash cow', it offers substantial returns. Unit 1 has 3x bedrooms, 2x bathrooms, and 1x lock-up garage and in terms of potential income, is currently being rented for $530 per week till 17 Jan 2025. Unit 2 has 2x bedrooms, 1x bathroom, and 1x lock-up garage, and is currently being rented for $440/week till 25 Jul 2025. That's a total of 5x bedrooms, 3x bathrooms, and 2x separate lock-up garages, plus additional driveway parking for both tenants. And a total income return of $970per week! For investors, it's also potentially a positive gearing investment.
5-years-new, it has modern fixtures and fittings, a brick construction that offers insulation and sound proofing, and it's surrounded by shops, schools, and parklands. It's also conveniently located mid-way between Brisbane and the Gold Coast.
Unit 1 features ceiling fans and LED lights throughout, and the automatic lock-up garage has an internal laundry and is big enough to easily house a large SUV. Three bedrooms all have built-ins, including a master that also has an ensuite and a walk-in robe. An air-conditioned open plan living and dining area is adjacent to the kitchen which features a pantry, Caeserstone bench tops, and near-new appliances including a dishwasher, ceramic cook top and electric oven. All three of these spaces seamlessly connect ensuring memorable meals and cosy TV-watching, and a separate toilet and a modern bathroom complete the interiors. Outside is an outdoor area for year-round entertaining, retaining walls that support lush, easy-care gardens, and a grassy lawn that offers lots of playtime for little ones (and their furry friend).
Unit 2 also features a lock-up garage, and private entry to the unit is from the side of the property. It boasts an air-conditioned open plan living area, a study nook (which could be converted to a casual dining area), and a kitchen with Caeserstone bench tops, a dishwasher, an electric oven, a ceramic cooktop and lots of cabinetry for handy storage. Both bedrooms have built-ins and ceiling fans, and one also has air conditioning. The shared bathroom is amply-sized with a toilet and a huge shower.
Location-wise, it is minutes from Loganholme State School, and close to the Hyperdome and the Logan Motorway offering easy access to Brisbane and the Gold Coast. It is also minutes from the Logan River Parklands for weekend picnics, fishing and kayaking.
PROPERTY FEATURES:
+ 450m2 elevated block
+ Brick home close to shops, schools and the M1
+ Mid-way between Brisbane and the Gold Coast
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Property Details for 15 Bimbadeen Dr, Loganholme

15 Bimbadeen Dr, Loganholme is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 450m2. The place is currently for sale with Ray White - Springwood.

Building Type
House
Land Size
450m2

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About Loganholme 4129

The size of Loganholme is approximately 9.1 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Loganholme in 2011 was 6,125 people. By 2016 the population was 6,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Loganholme is 0-9 years. Households in Loganholme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loganholme work in a trades occupation. In 2011, 72.8% of the homes in Loganholme were owner-occupied compared with 69.6% in 2016.

Loganholme has 3,366 properties. Over the last 5 years, Houses in Loganholme have seen a 89.77% increase in median value, while Units have seen a 86.37% increase. As at 31 August 2024:

  • The median value for Houses in Loganholme is $782,988 while the median value for Units is $679,797.
  • Houses have a median rent of $600 while Units have a median rent of $558.
There are currently 27 properties listed for sale, and 20 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Loganholme.

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Raj Nandpuria
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Ray White - Springwood
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