SOLD
RECENT ADVICE
Sold on 03 Jun 2024 for $920,000

94 Pierro Place
Logan Reserve QLD 4133

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 585m2
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Property Details for 94 Pierro Pl, Logan Reserve

94 Pierro Pl, Logan Reserve is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 585m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom House sold in Logan Reserve in the last 12 months.

Building Type
House
Land Size
585m2
Local Government
Logan City
Lot/Plan
29/SP318315

Last Listing description (June 2024)

UNDER CONTRACT by JACKSON PARR

Discover unparalleled investment potential in the highly sought-after Logan Reserve area.

This exceptional opportunity guarantees a substantial weekly rental income of $930/wk. and is set to go over $1,000+/wk. this year. 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 23/09/24 @ $510/wk.

Unit 2:

- 2 bedrooms with built-in robes
- 1 bathroom
- Ceiling fans and air conditioning
- Modern kitchen with appliances
- Single remote lock-up garage
- Leased until 23/09/24 @ $420/wk.

KEY FEATURES:

- NO BODY CORP FEES (Hooray!)
- Single council rates notice
- Tenants secured in both properties for a $930/wk. return
- Rental appraisal for September is $950 - $1,020/wk. return
- Council rates approx. $375/quarter
- Water rates approx. $430/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!

Contact Jackson Parr today as these kind of opportunities don't last on the market long!

**Photos are of property before tenants moved in.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 94 Pierro Pl, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
Last Sold
$920,000
03 Jun 2024
  • 30 May 2024
    Sold for $920,000
  • 23 May 2024
    Listed for Sale Incredible Investment Opportunity
  • 19 Nov 2021
    Sold for $325,000

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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 5,634 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 63 properties listed for sale, and 23 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.

Suburb Insights for Logan Reserve 4133

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Contact agent
Jackson Parr
Show contact details
Area Specialist Queensland
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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.