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.
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:
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 !
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 5,749 properties. Over the last 5 years, Houses in Logan Reserve have seen a 92.33% increase in median value, while Units have seen a 68.50% increase. As at 31 August 2024:
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