SOLD
RECENT ADVICE
Sold on 12 Apr 2024 for $866,000

3 Jameka Street
Logan Reserve QLD 4133

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Property Details for 3 Jameka St, Logan Reserve

3 Jameka St, Logan Reserve is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom DuplexSemi-detached sold in Logan Reserve in the last 12 months.

Building Type
DuplexSemi-detached

Last Listing description (April 2024)

ITS ADDRESSED:

Discover unparalleled investment potential in the highly sought-after Logan Reserve area. This exceptional opportunity guarantees a substantial weekly rental income of $920/wk. Making it the epitome of hassle-free, set-and-forget investing.

Unit 1:
- 4 bedrooms with built-in robes
- 2 bathrooms
- Ceiling fans and air conditioning
- Modern kitchen with appliances
- Single remote lock-up garage
- Leased until 17/03/25 @ $550/wk.

Unit 2:
- 1 bedroom with built-in robe
- 1 bathroom
- Ceiling fans and air conditioning
- Modern kitchen with appliances
- Single remote lock-up garage
- Leased until 20/05/24 @ $305/wk. Then increases to $370/wk. until 19/05/25

KEY FEATURES:
- NO BODY CORP FEES (Hooray!)
- Single council rates notice
- Tenants secured in both properties for a $920/wk. return
- Council rates approx. $750/quarter
- Water rates approx. $850/quarter

LOCATION:

Within walking distance to bus stops and parklands, this property is conveniently close to Logan Reserve State School, shops, and the upcoming Woolworths set to open in 2024. Easy access to motorways in both West and Southbound directions within a 15-minute drive. This dual-property investment not only offers a lucrative rental income but also provides the flexibility to accommodate extended family members or downsize while maintaining a reliable source of income. Seize this outstanding opportunity before it slips away!

*While we have made every effort to ensure accuracy, we do not accept responsibility for errors, omissions, inaccuracies, or misstatements. Prospective buyers are encouraged to conduct their own inquiries to verify the information provided herein.

**Photos are of property before tenants moved in.

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Property History for 3 Jameka St, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$866,000
12 Apr 2024
  • 22 Mar 2024
    Sold for $866,000
  • 29 Feb 2024
    Listed for Sale Contact Agent For Another Dual Key Listing
  • 22 May 2018
    Sold for $239,000

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About Logan Reserve 4133

The size of Logan Reserve is approximately 14.6 square kilometres. It has 6 parks covering nearly 1.6% of total area. The population of Logan Reserve in 2011 was 2,154 people. By 2016 the population was 3,549 showing a population growth of 64.8% in the area during that time. The predominant age group in Logan Reserve is 20-29 years. Households in Logan Reserve are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Logan Reserve work in a trades occupation. In 2011, 68.3% of the homes in Logan Reserve were owner-occupied compared with 60% in 2016.

Logan Reserve has 5,642 properties. Over the last 5 years, Houses in Logan Reserve have seen a 90.30% increase in median value, while Units have seen a 82.67% increase. As at 31 October 2024:

  • The median value for Houses in Logan Reserve is $747,595 while the median value for Units is $623,050.
  • Houses have a median rent of $580 while Units have a median rent of $485.
There are currently 73 properties listed for sale, and 27 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Logan reserve.

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