FOR SALE
Auction

9C Spruce Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 350m2
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Auction Time
Thu 5 Dec 5:30 pm
Inspection Times
No upcoming inspections scheduled.
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Great Investment Opportunity! high yield - Duplex with Modern Living and Versatile Layout

ALL OFFERS WILL BE PRESENTED TO THE AUCTION
Explore this remarkable investment opportunity on an elevated 350m² block. This low-maintenance property boasts two private, self-contained units, ideal for extended family living or as a high-yield investment with a potential return over 5.5%!
This exclusive listing is available to both investors and owner-occupiers. Investors can enjoy strong rental returns, while owner-occupiers can choose to live in one unit and rent the other or use the second unit as a retreat for teens or a private suite for elderly family members.
Property Highlights:
Unit 1: This unit is currently leased for $470 per week until July 2025.
Unit 2: This unit generates $420 per week, leased until August 2025.
Together, these units provide 5 bedrooms, 3 bathrooms, and 2 lock-up garages with additional driveway parking, yielding a combined rental income of $890 per week-an exceptional opportunity for a positively geared investment.
This property showcases modern finishes, sturdy brick construction for added insulation and soundproofing, and a prime location near local amenities, midway between Brisbane and the Gold Coast.
Unit 1 Features:
• Ceiling fans and LED lighting throughout
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Property Details for 9c Spruce St, Loganlea

9c Spruce St, Loganlea is a 5 bedroom, 3 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 350m2. The place is currently for sale with Ray White - Springwood.

Building Type
Semi-Detached
Land Size
350m2

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About Loganlea 4131

The size of Loganlea is approximately 5.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Loganlea in 2011 was 6,172 people. By 2016 the population was 7,311 showing a population growth of 18.5% in the area during that time. The predominant age group in Loganlea is 20-29 years. Households in Loganlea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Loganlea work in a labourer occupation. In 2011, 46% of the homes in Loganlea were owner-occupied compared with 39.1% in 2016.

Loganlea has 3,775 properties. Over the last 5 years, Houses in Loganlea have seen a 91.56% increase in median value, while Units have seen a 124.44% increase. As at 31 October 2024:

  • The median value for Houses in Loganlea is $697,128 while the median value for Units is $582,664.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 25 properties listed for sale, and 12 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Loganlea.

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Jatish Arora
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Jasdeep Singh
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Ray White - Springwood
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