8 Chikameena St, Logan Reserve is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 430m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
This property comprises of two units and has a weekly return of $645! Only 5 years old and with fixed term tenancies in place!
Property Hallmarks -
Unit 1:
Unit 2:
~ L shaped kitchen, living and dining space with air-conditioning & ceiling fan
~ Kitchen with electric cooktop & oven + dishwasher
~ Two well sized bedrooms, with built-ins and ceiling fans
~ Main bathroom with two-way access to master bedroom
~ Master bedroom with walk-in robe & air-conditioning
~ Alfresco area
~ Low maintenance yard space
~ Single lock up garage
Features to Note:
~ Air-conditioning to both units
~ Security screens and doors throughout
~ Fully fenced
Full information prospectus available on request.
Courtney's Comments: "These properties with dual incomes are very much the desired investment in Logan at present, as the strong yields prove too good to pass up! This one is sitting around the 5.5% and is the ideal buy & forget investment opportunity! Plenty of depreciation benefits on offer, plus a location that is in a growth corridor, with plenty of infrastructure moving into the Logan Reserve area!"
Inspection is available at the advertised open time or video walkthrough available by request!
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 5,640 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:
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