1039 Logan RoadHolland Park West QLD 4121
Property Details for 1039 Logan Rd, Holland Park West
1039 Logan Rd, Holland Park West is a 8 bedroom, 7 bathroom House with 4 parking spaces and was built in 1987. The property has a land size of 564m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (September 2022)
7KM TO CITY - TWO PROPERTIES SIDE-BY-SIDE - 1022SQM. BUY ONE OR BOTH.
Set on a level 564sqm block in a blue-chip suburb, the modern design of this large two-level house has been planned with low maintenance living in mind and boasts a myriad of options for residential and home business use with the potential to be re-zoned subject to council approval, developed, knocked down, home business, Airbnb or student accommodation. The opportunities are endless.
The lower level boasts a spacious living and dining area and kitchen offering a full complement of appliances including European appliances, natural gas stove, marble benchtop, filtered hot and cold ziptap and double stainless-steel sink.
The lower level is also home to the master suite, main bathroom and laundry. The carpeted master bedroom offers a large built-in robe with mirrored doors and connects seamlessly to the luxurious tiled ensuite. The ensuite boasts a spa bath and a shower equipped with a support bar, waterfall and hose showerhead and marble benchtop vanity.
In addition, the downstairs space offers the flexibility of two additional bedrooms/offices, both of which access the front of the property. The laundry is tiled floor to ceiling with plentiful storage.
The upstairs of the property is a unique arrangement, making this the perfect investment property or dual-living residence. Boasting 5 studio style bedrooms*, each featuring a kitchenette, built-ins with mirrored doors, separate meter box, and ensuite equipped with shower, toilet, single basin vanity, and taps and pipes for laundry.
Top level occupants can access a massive entertainment area downstairs with kitchen and large storage room and access to an external laundry, covered patio and courtyard garden.
Additional features include:
Approx rental income from studios ~$1200/week
Rental yields approx 6% annually
Approx rental income whole building ~$1700/week
Rental yields approx 8% annually
Split-system air conditioners throughout
16 Solar panels
Solar hot water system
5000L water tank plumbed into the toilets
Soundproof laminated glass windows
3M high ceilings downstairs
Crimsafe on all windows and doors on lower level
Central location with bus stop at the door, 6-minute drive from Griffith University Nathan Campus and in-catchment for Marshall Road SS and Cavendish Road SHS.
*Subject to the rooming accommodation code
Property History for 1039 Logan Rd, Holland Park West, QLD 4121
- 30 Jul 2022Sold for $1,250,000
- 15 Jun 2022Listed for Sale Offers Close by 6th August
- 12 Dec 2005Sold for $278,000
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About Holland Park West 4121
The size of Holland Park West is approximately 2.8 square kilometres. It has 14 parks covering nearly 6.1% of total area. The population of Holland Park West in 2011 was 5,965 people. By 2016 the population was 6,367 showing a population growth of 6.7% in the area during that time. The predominant age group in Holland Park West is 30-39 years. Households in Holland Park West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Holland Park West work in a professional occupation. In 2011, 63.8% of the homes in Holland Park West were owner-occupied compared with 63.6% in 2016.
Holland Park West has 3,078 properties.
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