54 Logan Reserve Rd, Waterford West is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom DuplexSemi-detached sold in Waterford West in the last 12 months.
This Huge, well-built dual key property is a perfect investment, boasting excellent long-term tenants and a robust return on investment. Situated in a prime location, it promises both current rental income and future capital growth, setting it apart from typical investment properties.
Property Overview:
Lot Size: 523 m²
Unit 1:
3 Bedrooms, 2 Bathrooms, 1 Car Garage
Living Area: Open-plan layout connecting the living, dining, and kitchen areas to a patio.
Kitchen: Modern with stone benchtops, ample storage, and a gas cooktop.
Bedrooms: Three spacious, carpeted bedrooms with built-in wardrobes, ceiling fans, and a master bedroom with an ensuite and large wardrobe.
Climate Control: Air conditioning in both the living area and master bedroom.
Bathrooms: Neat, functional layout with an ensuite for the master bedroom.
Garage: Single remote-controlled lock-up garage with internal access and laundry facilities.
Outdoor: Fully fenced, secure backyard.
Lighting: LED lights throughout.
Current Rent: $520 per week (lease until 21/06/2025).
Potential Rent: $560 per week.
Unit 2:
2 Bedrooms, 1 Bathroom, 1 Car Garage
Living Area: Open-plan design extending to a patio.
Kitchen: Modern with ample storage and a gas cooktop.
Bedrooms: Two well-sized, carpeted bedrooms with built-in wardrobes.
Climate Control: Air conditioning in the living area and master bedroom.
Bathroom: Spacious, well-designed bathroom.
Garage: Single lock-up garage with separate laundry and storage facilities.
Outdoor: Fully fenced yard.
Lighting: LED lights throughout.
Current Rent: $480 per week (lease until 27/07/2025).
Financial Highlights:
Combined Rent: $1000 per week
Potential Future Rent: $1,040 per week
Council Rates: Single rate for the entire property
No Body Corporate Fees
Prime Location:
Schools:
5 minutes to Marsden State School
2 minutes to Marsden State High School
7 minutes to Canterbury College
Shops & Facilities:
3 minutes to Marsden Park Shopping Centre
3 minutes to Waterford Plaza
6 minutes to Bunnings and Aldi
Transport:
3 minutes to Bus stop
31 minutes to Brisbane CBD
33 minutes to the Gold Coast
Don't Miss Out!
This gem of an investment in the sought-after suburb of Waterford West won’t last long. Secure your dream property today!
The size of Waterford West is approximately 5.3 square kilometres. It has 13 parks covering nearly 10.8% of total area. The population of Waterford West in 2011 was 6,159 people. By 2016 the population was 6,424 showing a population growth of 4.3% in the area during that time. The predominant age group in Waterford West is 0-9 years. Households in Waterford West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Waterford West work in a labourer occupation. In 2011, 60.5% of the homes in Waterford West were owner-occupied compared with 55.4% in 2016.
Waterford West has 2,947 properties. Over the last 5 years, Houses in Waterford West have seen a 99.22% increase in median value, while Units have seen a 118.59% increase. As at 30 September 2024:
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