OFF MARKET

55/40 Old Logan Road
Gailes QLD 4300

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 142m2
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Property Details for 55/40 Old Logan Rd, Gailes

55/40 Old Logan Rd, Gailes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 142m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Townhouse
Year Built
2015
Floor Size
101m2
Land Size
142m2
Local Government
Ipswich
Lot/Plan
55/SP271497

Last Listing description (May 2024)

This cosy spacious townhouse ticks all the boxes, being close to everything. Bus stops, food outlets, convenience store and chemist at the front of the complex.

With 138 m2 of under roof space. It has good sized kitchen that boasts plenty of bench space and a free-flowing layout from the kitchen through to the dining room and out to a very practical undercover entertaining patio. Aircons throughout the open plan living downstairs & master room. The master room has ensuite and private deck(balcony). The currently tenant looks after it as her own and intend to stay after the lease ends in September 2023.

Even during covid and some of the hardest rental years and now the increase of the rental expectation, the complex always achieves 0% vacancy. The current rent for the same floor plan townhouse in this complex is $465 pw. What a great return and stress-free addition to your portfolio or a lovely home for a small family with one car.

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.

- UPSTAIRS -
3 large bedrooms with ceiling fans and built-in robes
Master bedroom with a stylish modern ensuite and private deck (balcony), full wall built in robe with mirrored sliding doors
Split system air conditioner
Main bathroom with bath and shower
Linen cupboard

Body Corp Costs *$987 per Qtr, covered building insurance
Rates *$475 per Qtr.
Water *$240 per Qtr. (tenant pay for the water usage)

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

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Property History for 55/40 Old Logan Rd, Gailes, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$385,000
29 Mar 2023
Listed for Rent
$335/w
13 May 2016
  • 29 Mar 2023
    Sold for $385,000
  • 22 Feb 2023
    Listed for Sale Sold at $385,000
  • 05 Sep 2016
    Sold for $329,000
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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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