32/23-25 Blackwood RoadLogan Central QLD 4114
Property Details for 32/23-25 Blackwood Rd, Logan Central
32/23-25 Blackwood Rd, Logan Central is a 2 bedroom, 2 bathroom Unit and was built in 2010. The property has a land size of 98m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Logan Central in the last 12 months.
Last Listing description (June 2024)
Welcome to this exceptional investment opportunity in Logan Central - a prime blend of convenience and potential ROI. This apartment presents a lucrative prospect for investors seeking a solid addition to their portfolio. Boasting two meticulously maintained bedrooms and 2 bathrooms this property promises both functionality and ample space for tenants.
Nestled within proximity to Logan Central Plaza, medical facilities, educational institutions and supermarkets, residents here enjoy unparalleled convenience.
With swift access to the Pacific Motorway, commuting to key destinations such as Brisbane Airport and CBD is expedited, ensuring optimal connectivity for tenants and promising sustained demand in the rental market.
Embrace the advantages of investing in a well-connected, community-oriented locale. Don't overlook the opportunity to capitalise on this strategically positioned apartment.
Key highlights of the property include:
+ Master Bedroom featuring a spacious walk in robe, ensuite and air-conditioning
+ An additional bedroom with a built-in wardrobe
+ Open-plan kitchen equipped with a electric cooktop
+ Generously sized living area with air-conditioning
+ Inviting balcony space
+ Tenanted until December 2024 with long term tenants (8 Years)
+ Currently being rented at $390 per week
Property History for 32/23-25 Blackwood Rd, Logan Central, QLD 4114
- 27 May 2024Sold for $350,000
- 22 May 2024Listed for Sale Offers Over $299,000
- 03 May 2016Listed for Rent $300 / week
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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 2,623 properties. Over the last 5 years, Houses in Logan Central have seen a 125.26% increase in median value, while Units have seen a 89.61% increase. As at 30 November 2024:
- The median value for Houses in Logan Central is $630,540 while the median value for Units is $390,063.
- Houses have a median rent of $528 while Units have a median rent of $400.
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