FOR SALE
UNDER CONTRACT

8/1848 Logan Road
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 139m2
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8/1848 LOGAN ROAD UPPER MOUNT GRAVATT

ONLY FOR INVESTMENT, NO OWNER OCCUPIERS
This is a great investment for the Cash buyer, generating a fantastic yield rent is currently $750 per week.
The GENESIS Complex is a magnet for students having travelled from overseas and interstate to attend a wide range of tertiary institutions in Brisbane and is perfect for anyone who wants to add a gem in their investment portfolios. This complex has a solid reputation and consistently achieves high occupancy rates giving you guaranteed income. Standard practice is to rent each of the rooms separately generating a strong return per week.
A quality kitchen is equipped with stainless steel appliances including dishwasher and offers plenty of cupboard and bench space. This tiled area opens into the air-conditioned lounge and dining room with a large private balcony for outdoor enjoyment.
Not only does the complex offer numerous amenities such as an inground pool, there is also a BBQ facility, gym, and secure-gated car parking. Public transport is literally at your door, restaurants, cafes, along with a 24-hour convenience store within minutes' walk, Westfield Garden City shopping centre is only a stroll away and you have both freeways nearby to take you either North or South.
Purposely designed to suit the Student accommodation rental market, these neatly equipped apartments offer private, secure and spacious residential solutions for tertiary students attending local Griffith campuses or city Universities and TAFE such as Griffith University, QUT, AIBT, James Cook and The University of QLD to name a few.
Noticeable Features:
3 bedrooms with built-in wardrobes, 3 ensuites and 1 carpark
Spacious living, dining and kitchen
Air conditioning
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Property Details for 8/1848 Logan Rd, Upper Mount Gravatt

8/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Apartment with 1 parking spaces. The property has a land size of 139m2. The place is currently for sale with Australian Property Alliance Management.

Building Type
Apartment
Land Size
139m2

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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,448 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 70.52% increase in median value, while Units have seen a 51.15% increase. As at 31 October 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,068,745 while the median value for Units is $617,876.
  • Houses have a median rent of $628 while Units have a median rent of $630.
There are currently 42 properties listed for sale, and 26 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Upper mount gravatt.

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Jerry Hsieh
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Australian Property Alliance Management
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