SOLD
Sold on 03 May 2024 for $835,000

42 Montana Circuit
Logan Reserve QLD 4133

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 91m2
Land area: 460m2
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Property Details for 42 Montana Cct, Logan Reserve

42 Montana Cct, Logan Reserve is a 0 bedroom, 0 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 460m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom Unit sold in Logan Reserve in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
91m2
Land Size
460m2
Local Government
Logan City
Lot/Plan
10/SP300816

Last Listing description (June 2024)

Built-in 2020 this appealing property offers the opportunity to reap instant returns, with both dwellings currently leased allowing you to build your portfolio quickly, combined with NO body corporate fees, then this purpose-built investment property is it. This is a must see property for anyone looking to invest. Located in a sought after area , you are close to everything you could need, for a solid trouble free investment.

Rental income is currently $870 per week for both properties, with the possibility of increasing with lease renewal in the future.

These two properties are sold 'as one' and comprise one 3 bedroom unit and one 2 bedroom unit, with:

- Modern fixtures and fittings
- Air conditioning to main living & master to both units
- Ceiling fans to all bedrooms and living areas
- Stainless steel appliances
- Ready made tenants in place so no delay in rental income.

Unit 1 - Currently rented @ $460 per week - lease in place to July 2024
- Three bedrooms with built-in robes and ceiling fans
- Air-conditioning in living & master bedroom
- Main bedroom with ensuite
- Kitchen including stainless steel appliances
- Open plan living area
- Single lockup garage with remote
- Covered outdoor alfresco area

Unit 2 - Currently rented @ $410 per week - lease in place to March 2025
- Two bedrooms with ensuite
- Kitchen including stainless steel appliances
- Open-plan living & dining
- Air-conditioning in living & master bedroom
- Single lock up garage with remote
- Covered outdoor alfresco area

Location is highly sought-after as you are situated in close proximity to amenities such as Marsden Shopping Centre, Logan Reserve State School, Marsden State High School and Park Ridge Shopping Centre. Simply a short drive from major motorway which give direct access to Brisbane & Gold Coast.

This duplex represents value don't delay call for an inspection today !

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Property History for 42 Montana Cct, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$835,000
03 May 2024
  • 04 May 2024
    Listed for Sale FOR SALE
  • 03 May 2024
    Sold for $835,000
  • 16 Jun 2019
    Sold for $238,000

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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 5,589 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 54 properties listed for sale, and 19 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 388 properties were sold in the past 12 months in Logan reserve.

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