OFF MARKET

Montana Circuit
Logan Reserve QLD 4133

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 81m2
Land area: 401m2
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Last updated 11 Nov 2024
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Property Details for Lot 71 Montana Cct, Logan Reserve

Lot 71 Montana Cct, Logan Reserve is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 401m2 and floor size of 81m2.

Building Type
House
Year Built
2021
Floor Size
81m2
Land Size
401m2
Local Government
Logan City

Last Listing description (March 2021)

Situated within the high growth corridor of South East Queensland, this investment offers a sought after location and high cashflow! Built with a high quality and reputable builder, this investment ticks all the boxes, offering the intelligent investor peace of mind. The dual occupancy design allows a much higher cashflow from the property, and with only one set of bills and rates, keeps the ROI high!

This does not take into account any capital gains in the area and the depreciation that can be claimed of the new investment property. With these elements combined, it offers a lucrative and risk adverse investment opportunity.

REQUEST FULL MARKETING BROCHURE FOR FURTHER DETAILS

Process for Purchase: Refundable $1000 Expression Of Interest (EOI) required to reserve. Stock is moving extremely quick, so get in before it is sold!
TWO CONTRACTS - 21 days finance.

Location: Lot 71 Montana Circuit, Logan Reserve - QLD
Land Size: 401m2 $231,900 - Registered
House Type: DUAL OCCUPANCY: total of 5 beds, 3 baths and 2 cars
TOTAL HOUSE SIZE: 196.75 m2
Build price Contract : $304,308.00

Turn Key - tenant ready
Fixed price Contract
Rental Estimate: $680 to $720 per week total combined
Gross Rental Yield: 7.0%!!

Call Denver on 0400 531 199 or email Denver@mypropertyshop.com

Property History for Lot 71 Montana Cct, Logan Reserve, QLD 4133

A timeline of how this property has performed in the market
  • 09 Dec 2020
    Listed for Sale $536,208

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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 5,640 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:

  • 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 74 properties listed for sale, and 27 properties listed for rent in Logan reserve on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Logan reserve.

Suburb Insights for Logan Reserve 4133

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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.