OFF MARKET

30 Defiance Road
Logan Central QLD 4114

Bedrooms: 8
Bathrooms: 4
Car spaces: 6
Floor area: 600m2
Land area: 961m2
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Last updated 11 Nov 2024
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Property Details for 30 Defiance Rd, Logan Central

30 Defiance Rd, Logan Central is a 8 bedroom, 4 bathroom Unit with 6 parking spaces. The property has a land size of 961m2 and floor size of 600m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Floor Size
600m2
Land Size
961m2
Local Government
Logan City
Lot/Plan
79/RP223050

Last Listing description (February 2022)

Located on an expansive 961m2 corner block, this complex comprising four units offers an excellent investment opportunity in the Logan growth corridor. The property currently provides a steady rental income, combined with extremely low vacancy rates- offering the buyer solid returns and potential for good capital growth.

This well designed brick development comprises of four, two-bedroom units. All units contain refurbished kitchens with quality bench tops and appliances and recently renovated bathrooms. These bright and neat units have open dining and living areas, with sliding door access to the low-maintenance gardens for the lower-level units.

The current weekly rental estimate of between $260-$280 per week, offers the potential for an excellent annual rental income of between $54,080 -$58,240.

Investment property features:
4 x 2-bedroom units, 961m2 corner block
6 car parks
Single title, no body corporate fees
Excellent rental returns, low vacancies
Low maintenance surroundings.

Twenty-five minutes from Brisbanes CBD, Logan Central is located in a high-growth corridor between Brisbane and the Gold Coast. The area offers great value and is well serviced with transport networks including excellent public transport access and benefits from expansive green areas including parklands and open spaces. This unit complex is well-located to amenities- including cafes and shops and is a short walk to the Woodridge Train Station and the Logan Central Plaza.

This is a rare opportunity to secure an investment property with substantial returns and growth potential- with no body corporate fees. This property will be sold by tender, with all offers to be submitted by 5th November 2021 at 5pm.

Contact Chris Meadmore for a property information pack

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Property History for 30 Defiance Rd, Logan Central, QLD 4114

A timeline of how this property has performed in the market
Last Sold
$935,000
08 Nov 2021
  • 08 Nov 2021
    Sold for $935,000
  • 13 Oct 2021
    Listed for Sale Best Offers Closing Friday 5th November

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About Logan Central 4114

The size of Logan Central is approximately 2.9 square kilometres. It has 13 parks covering nearly 12.2% of total area. The population of Logan Central in 2011 was 6,172 people. By 2016 the population was 5,929 showing a population decline of 3.9% in the area during that time. The predominant age group in Logan Central is 10-19 years. Households in Logan Central are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Logan Central work in a labourer occupation. In 2011, 42.7% of the homes in Logan Central were owner-occupied compared with 38.3% in 2016.

Logan Central has 2,615 properties. Over the last 5 years, Houses in Logan Central have seen a 132.76% increase in median value, while Units have seen a 95.96% increase. As at 31 October 2024:

  • The median value for Houses in Logan Central is $632,840 while the median value for Units is $392,742.
  • Houses have a median rent of $525 while Units have a median rent of $395.
There are currently 21 properties listed for sale, and 27 properties listed for rent in Logan central on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Logan central.

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