SOLD
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Sold on 16 Apr 2024 for $820,000

58 Miamax Place
Logan Reserve QLD 4133

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Land area: 425m2
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Property Details for 58 Miamax Pl, Logan Reserve

58 Miamax Pl, Logan Reserve is a 5 bedroom, 3 bathroom DuplexSemi-detached with 3 parking spaces and was built in 2019. The property has a land size of 425m2. 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
Year Built
2019
Land Size
425m2
Local Government
Logan City
Lot/Plan
1331/SP303652

Last Listing description (April 2024)

Don't let this incredible investment slip through your fingers! Nestled in the heart of Logan Reserve, this duplex property at 58 Miamax Place is designed with privacy and space in mind, offering a versatile layout that suits both living in and renting out. Built in 2019 and boasting a total of 5 bedrooms, 3 bathrooms, and 2 car spaces across two units, this property presents a fantastic opportunity for savvy investors.

Key Features At A Glance -
UNIT 1

- Three bedrooms with built-in wardrobes
- Ceiling fans throughout
- Master bedroom with ensuite
- Modern family bathroom
- Open plan kitchen & living spaces
- Air-conditioned comfort
- Outdoor fenced yard space for relaxation
- Single lockup garage for secure parking

UNIT 2
- Spacious low maintenance unit with 2 bedrooms
- Main bedroom with built-in wardrobe
- Large combined dining/lounge area
- Well-organized kitchen with ample cupboard space
- Rear cemented patio for outdoor enjoyment
- Single lockup garage
- Yard space perfect for outdoor activities

PROPERTY LOCATION HIGHLIGHTS
- 3 minutes to Marsden State School & State High School
- 8 minutes to Loganlea Train Station
- 10 minutes to Logan Hospital
- 15 minutes to Logan Hyperdome Shopping Centre
- 25 minutes to Brisbane CBD
- 30 minutes to Gold Coast
- 40 minutes to Brisbane Airport

INVESTMENT RETURNS INFORMATION
- Unit 1 leased at $420 per week, increasing to $480 per week in May 2024
- Unit 2 currently leased for $375 per week until August 2024
- Combined rental appraisal of $795 per week, soon to be $855 per week
- Strong demand for duplexes in Logan Reserve

This property won't last long in the market. Duplexes of this calibre are highly sought after in Logan Reserve. Contact Kristian Samuels for more information or stay tuned for the next available viewing.

Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.

*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Property History for 58 Miamax Pl, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$820,000
16 Apr 2024
Listed for Rent
$430/w
24 Jul 2024
  • 26 Mar 2024
    Sold for $820,000
  • 18 Mar 2024
    Listed for Sale Under Offer
  • 26 Sep 2019
    Listed for Rent $330 / week
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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 5,748 properties. Over the last 5 years, Houses in Logan Reserve have seen a 89.40% increase in median value, while Units have seen a 83.86% increase. As at 31 July 2024:

  • The median value for Houses in Logan Reserve is $720,323 while the median value for Units is $694,168.
  • Houses have a median rent of $570 while Units have a median rent of $440.
There are currently 71 properties listed for sale, and 12 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 528 properties were sold in the past 12 months in Logan reserve.

Suburb Insights for Logan Reserve 4133

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Contact agent
Kristian Samuels
Show contact details
Purple Cow Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.