OFF MARKET

3/36 Ewing Road
Logan Central QLD 4114

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 123m2
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Last updated 30 Dec 2024
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Property Details for 3/36 Ewing Rd, Logan Central

3/36 Ewing Rd, Logan Central is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 123m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Townhouse
Year Built
2014
Floor Size
94m2
Land Size
123m2
Local Government
Logan City
Lot/Plan
3/SP246822

Last Listing description (October 2023)

Welcome to 3/36 EWING ROAD, LOGAN CENTRAL

Looking for an investment property that can provide you with some non-taxable rental income?
Look no further! In addition to its location, cash flow, 6.5% ROI, and non-taxable income, this

modern townhouse qualifies for the annual federal NRAS incentive of $11,124.07.

This exceptionally well-kept, 7-year-old 3-bedroom townhouse is situated in a quiet and small
complex opposite Rainbow Park. Immaculately presented, you'll be blown away by how well the
tenants have maintained the property.

With this investment option, you will receive annual rental income along with the NRAS
Incentive with exceptional tax benefits. At such an affordable price point, this home is also a
suitable entry level for small families or buyers who are downsizing.

Current lease is until 9 March 2023 but existing tenants are more than willing to stay on. As the
newly-acquired owner you will be receiving (non-taxable) each year if you opt to be in the
NRAS scheme.

It is not a compulsory scheme, so you can also buy it, live in it or just rent it out as an ordinary
investment property. Currently, the rental market can support a rent of $360/week. The NRAS
agreement has 3 more years to run.

This property offers:
- 3 large bedrooms all with built-in robes. Master bedroom with en-suite and walk-in wardrobe
- Spacious living and dining area with breezes flowing through from the balcony 24/7
- Open plan kitchen with lots of storage space
- Fully air-conditioned first floor
- 2 good sized bedrooms with secured sliding doors leading to the yard
- Fully fenced and low maintenance yard
- Single remote-controlled locked-up garage with internal laundry

Income & amp; Expenses Summary:
Income
Fixed Rental $12,428 per year ($239x 52)
NRAS incentive $11,124 per year (non taxable income)
Total gross Income per year $23,552
Total gross income per month on average $1,963
NRAS related expenses item per month
NAHC Consortium Fee $74.17 per month

Other Expenses
Body Corporate rates (approx). $800 per quarter (including insurance, sinking fund & amp; admin fees)
Council Rates Inclusive of water access approx. $750 per quarter
Gross ROI (Return of Investment) = 6.5 %
You are within 6 minutes' walk to Parkland Plaza local cafes, shops,
restaurants and parks. There is a bus stop at your door steps. Short access to
Logan Motorway and M1 Motorway connecting Gold Coast and Brisbane.
This property offers easy access to the following key communal facilities and
locations:
- 10 mins walk (800m) to Woodridge Train Station and shops all along
- 2 mins drive (1km) to Logan Central Plaza shopping and library
- 5 mins drive (4km) to IKEA
- 6 mins drive (5km) to Football Queensland and Logan Ruby Club
- 8 mins drive (6km) to Meadowbrook Golf Club
- 10 mins drive (7km) to Logan Hospital
- 10 mins drive (7km) to Griffith University Logan Campus and
TAFE Loganlea Campus
- 12 mins drive (10km) to Westfield Garden City
- 23 mins drive (26km) to Brisbane City via M1

Disclaimer - We have in preparing this information used our best endeavors to ensure that
the information contained herein is true and accurate but accept no responsibility and
disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that
may occur. Prospective purchasers should make their own enquiries to verify the information
containedherein.esto verify the information contained herein.

Property History for 3/36 Ewing Rd, Logan Central, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$375,000
23 Aug 2023
Listed for Rent
23 Feb 2021
  • 23 Aug 2023
    Sold for $375,000
  • 19 Jan 2023
    Listed for Sale SUBMIT ALL OFFERS
  • 09 Feb 2021
    Listed for Rent $239 / week
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Disclaimer
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.