17/2 College St, Loganlea is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1988. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Loganlea in the last 12 months.
PERFECT INVESTMENT OPPORTUNITY - 8.5% YIELD- CASH FLOW POSITIVE
With an excellent long term tenants in place this double-story townhouse is versatile in many aspects. From the moment you enter the front door, you will appreciate the spacious lounge area which flows effortlessly onto the huge alfresco area, bringing outside living in . This property is cleverly designed with 3 good sized bedrooms, generous living areas, a balcony allowing you to spread yourself out and nearby amenities make this an opportunity to good to miss! This townhouse is ideal for the investor and perfect to add to your portfolio
The kitchen is complete with oven, double sink and scullery overlooking main living and dining, flowing to an unbelievably large outdoor area. Imagine Townhouse living with ample room for you to entertain with friends in between taking a swim in the complex pool! The upper level boasts three great size bedrooms with built-in robes and is serviced by the well-appointed main bathroom complete with separate bath tub and shower. This spacious townhouse with a large backyard also accommodates internal covered access from the lock up garage and combined laundry.
A nice feature of this floorplan is the separation between the entrance and front door provides a lovely private sunroom..
For the investor, current tenant pays $310 per week making it a stand out investment opportunity.
Call Jason Savage on 0401 546 762 for your [private inspection.
17/2 College Street, Loganlea at a glance:
3 Great sized bedrooms all with built ins.
Airconditioned master bedroom with private balcony
Open planned living.
SLUG with remotes and room for storage.
Alfresco Area.
Security gated complex complete with swimming pool
Security screens
Body corporate including building insurance fees are $45 per week
Situated in a gated complex entry via small cul-de-sac, the location is conveniently located close to the Hospital. train station, freeways, schools, shops and more.
The size of Loganlea is approximately 5.6 square kilometres. It has 19 parks covering nearly 4.2% of total area. The population of Loganlea in 2011 was 6,172 people. By 2016 the population was 7,311 showing a population growth of 18.5% in the area during that time. The predominant age group in Loganlea is 20-29 years. Households in Loganlea are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Loganlea work in a labourer occupation. In 2011, 46% of the homes in Loganlea were owner-occupied compared with 39.1% in 2016.
Loganlea has 3,796 properties. Over the last 5 years, Houses in Loganlea have seen a 83.18% increase in median value, while Units have seen a 94.20% increase. As at 31 July 2024:
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