SOLD
Sold on 28 Jun 2024 for $840,000

8A Concorde Drive
Loganholme QLD 4129

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 96m2
Land area: 569m2
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Sold By
Jarryd Fisher
RE/MAX Aspire
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Property Details for 8a Concorde Dr, Loganholme

8a Concorde Dr, Loganholme is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 569m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom Unit sold in Loganholme in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
96m2
Land Size
569m2
Local Government
Logan City
Lot/Plan
2/SP296627

Last Listing description (July 2024)

If you are just starting out with your investment journey or looking to add another performer to your portfolio then this wonderful low maintenance dual occupancy at 8A Concorde Drive in Loganholme is not to be missed. This modern property has two semi detached income producing units on a fully fenced 569sqm block. With a combined total income of $900 per week this property can be your smartest investment option.

With great tenants in place there will be no need to change the status quo and will become a set and forget investment. With the increased demand for rentals in the area, the proposed market rental yield is around $950 - $980 per week.

Both units are currently tenanted. Unit 1 (3 bedroom) is tenanted until 29/10/24 for $490 per week (market rent up to $550 per week) with unit 2 (2 bedroom) being tenanted until 22/9/204 for $410 per week (market rent up to $440 per week).

The property comes with the following features: (3 bedroom)

* Three spacious bedrooms.
* Main bedroom with ceiling fan, air conditioning & built in robe.
* Remaining bedrooms all with built in wardrobes & ceiling fan.
* Air-conditioning in main tiled living area.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Tiled flooring through main areas with carpet to the bedrooms.
* Separate laundry.
* Electric single car lock up garage.
* Covered entertainment area, perfect for get-together's & family BBQ's.
* Fully fenced yard.

The property comes with the following features: (2 bedroom)

* Two spacious bedrooms.
* Main bedroom with ceiling fan, air conditioning & built in robe.
* Remaining bedroom has built in wardrobes & ceiling fan.
* Air-conditioning in main tiled living area.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Tiled flooring through main areas with carpet to the bedrooms.
* Electric single car lock up garage.
* Covered entertainment area, perfect for get-together's & family BBQ's.
* Fully fenced yard.

Places near by include - Local IGA supermarket, childcare providers, Loganholme State School and a short drive to the Logan Hyperdome. Easy access to the M1 or Logan Motorway (30 minute drive to Brisbane and or the Gold Coast)

Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today or call Jarryd to arrange an inspection or virtual walkthrough.

**Please note that while all due care is taken by Remax Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**.

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Property History for 8a Concorde Dr, Loganholme, QLD 4129

A timeline of how this property has performed in the market
Last Sold
$840,000
28 Jun 2024
Listed for Rent
$380/w
15 Sep 2018
  • 28 Jun 2024
    Sold for $840,000
  • 24 May 2024
    Listed for Sale Contact Agent
  • 06 Sep 2018
    Listed for Rent $380 / week
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About Loganholme 4129

The size of Loganholme is approximately 9.1 square kilometres. It has 16 parks covering nearly 7.8% of total area. The population of Loganholme in 2011 was 6,125 people. By 2016 the population was 6,302 showing a population growth of 2.9% in the area during that time. The predominant age group in Loganholme is 0-9 years. Households in Loganholme are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Loganholme work in a trades occupation. In 2011, 72.8% of the homes in Loganholme were owner-occupied compared with 69.6% in 2016.

Loganholme has 3,348 properties. Over the last 5 years, Houses in Loganholme have seen a 85.98% increase in median value, while Units have seen a 96.64% increase. As at 31 October 2024:

  • The median value for Houses in Loganholme is $772,955 while the median value for Units is $726,057.
  • Houses have a median rent of $600 while Units have a median rent of $568.
There are currently 28 properties listed for sale, and 21 properties listed for rent in Loganholme on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Loganholme.

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