FOR SALE
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9C Spruce Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 350m2
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Great Investment Opportunity! high yield - Duplex with Modern Living and Versatile Layout

ALL OFFERS WILL BE PRESENTED PRIOR TO 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 3,801 properties. Over the last 5 years, Houses in Loganlea have seen a 93.29% increase in median value, while Units have seen a 114.95% increase. As at 30 November 2024:

  • The median value for Houses in Loganlea is $710,654 while the median value for Units is $556,086.
  • Houses have a median rent of $520 while Units have a median rent of $500.
There are currently 19 properties listed for sale, and 8 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 163 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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