SOLD
Sold on 30 Jan 2024 for $472,000

1/40 Old Logan Road
Gailes QLD 4300

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 143m2
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Property Details for 1/40 Old Logan Rd, Gailes

1/40 Old Logan Rd, Gailes is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 143m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Gailes in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
115m2
Land Size
143m2
Local Government
Ipswich
Lot/Plan
1/SP271497

Last Listing description (May 2024)

Unique Opportunity to buy a "Near new House" in a Secure Complex

This free-stranded double story property locates on the main road---Old Logan Road, sitting at the entrance of The Southridge Townhouses Complex, so it's more private than the other units.
The property was built in 2016 and well maintained by the on-site manager as near new! It's great opportunity for Investors, first Home Buyers or anyone looking to downsize. The current tenants have a lease on $520pw up to August 2024.

Only 25 minutes from Brisbane CBD and 9 minutes from Mt Ommaney - the main shopping centre for Brisbane west centenary suburbs; bus stops, food outlets, convenience store and chemist at the front of the complex; Gailes train station in walking distance, plus only 3 minutes to Camira state school(catchment). locations don't get much more convenient than this! Literally, it's an easy stone's throw to lots of other stores right next door! - A bakery, Post Office, convenience store, takeaway, laundrette, and even a hardware store. It is also just a short drive to the high ways connecting to Brisbane, Ipswich or the Gold Coast, whilst should you prefer the train then Gailes has its own station.

It has a good-sized kitchen that boasts plenty of bench space and a free-flowing layout from the kitchen through to the dining & living area and out to a very practical undercover entertaining patio.

With CCTV throughout the complex and quick access to main highways, this beautifully managed complex always achieves 0% vacancy. What a great return and stress-free addition to your portfolio.

Location:
Shops and public transport at the door
1km to Gailes train station, golf club and more
2 mins to M2/M7&M5 (Brisbane Major Highways) easy access to City, Ipswich, and Gold Coast
3 mins to Camira State School (Catchment)
9 mins to Mt Ommaney Shopping Centre
24 mins - Brisbane City
20 mins - Ipswich
- DOWNSTAIRS -
Good sized open plan living and dining room
Split system air conditioner.
Generous Kitchen with stone bench tops, stainless steel appliances, electric cooktop and oven, dishwasher, and plenty of cupboard space.
Separate Laundry
Powder room on the first floor
Fully fenced private courtyard with covered pergola and garden
Security screens throughout
Single garage with remote and internal access, with an extra carpark.

Main features:
Air conditioning master bedroom with spacious balcony, ensuite and full wall built in robe with mirrored sliding doors.
2 other lager bedrooms also with ceiling fans and built in robes.
Main bathroom upstairs with bathtub and shower, separate toilet.
Aircon throughout the open plan living & dinning area.
Generous Kitchen with stone bench tops, stainless steel appliances, electric cooktop and oven, dishwasher, and plenty of cupboard space.
3rd toiler - Powder room downstairs
Fully fenced private courtyard with covered pergola and garden.
Security screens throughout
Single garage with remote and internal access, with an extra carpark.

Body Corp Costs *$75 per week appox , covered building insurance
Rates *$475 per Qtr. appox
Water *$240 per Qtr. appox (tenant pay for the water usage)

To secure this wonderful property, call Angela on 0468 540 180 for inspection today!

DISCLAIMER: All distances, measurements and time frames contained within this advertisement are approximate only & photos may not be current photos as to not show any of the tenant's personal belongings. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 1/40 Old Logan Rd, Gailes, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$472,000
30 Jan 2024
Listed for Rent
$350/w
10 May 2020
  • 15 Feb 2024
    Listed for Sale Under Contract
  • 30 Jan 2024
    Sold for $472,000
  • 08 May 2020
    Listed for Rent $350 / week
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About Gailes 4300

The size of Gailes is approximately 1.3 square kilometres. It has 8 parks covering nearly 6.4% of total area. The population of Gailes in 2011 was 1,646 people. By 2016 the population was 1,824 showing a population growth of 10.8% in the area during that time. The predominant age group in Gailes is 20-29 years. Households in Gailes are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gailes work in a labourer occupation. In 2011, 49.2% of the homes in Gailes were owner-occupied compared with 49% in 2016.

Gailes has 767 properties. Over the last 5 years, Houses in Gailes have seen a 114.79% increase in median value, while Units have seen a 137.62% increase. As at 30 November 2024:

  • The median value for Houses in Gailes is $634,514 while the median value for Units is $529,372.
  • Houses have a median rent of $460 while Units have a median rent of $340.
There are currently 5 properties listed for sale, and 2 properties listed for rent in Gailes on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Gailes.

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Australian Property Alliance Management
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.