43B Pinelands StreetLoganlea QLD 4131
Property Details for 43b Pinelands St, Loganlea
43b Pinelands St, Loganlea is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2018. The property has a land size of 700m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (January 2023)
Calling all investors - this appealing modern duplex (only 4 years new) boasts a pair of 3-bedroom units in a prime family-friendly location with fantastic growth potential!
This is a rare and promising opportunity to buy into positively geared properties, with both units set for a healthy rental increase in 2023 for a huge ROI+ for the savvy buyer when rental return does matter in today's economic climate.
Both units are fresh and modern throughout, with spacious open plan living and dining zones that flow into the kitchen with stainless steel appliances and ample cabinetry. Each unit includes 3 carpeted bedrooms with built-in robes to all, plus an ensuite to the master while a full main bathroom serves the rest.
Completing both of the units is a covered alfresco patio and a large fully-fenced grassed backyard with side access. Parking is provided in the front driveway plus the single remote lock-up garage to both sides of the duplex.
These properties are close to quality schools and just minutes to Marsden Park Shopping Centre, Waterford Plaza or Meadowbrook Shopping Centre right alongside Logan Hospital, Griffith University, Loganlea Station and the Logan Motorway with the M1 leading up to Brisbane or down to the Gold Coast.
$$ Rental income potential $41600 to $44720
** Outgoings:
- No body corp
- Council Rates: $676 per quarter
- Wastewater charge: $432 per quarter
Investors will be blessed with an inheritage of extremely loyal tenants who started their rental since the property was built 4 years ago. Both units have been very well maintaned like their own homes.
Youre just a few minutes from Loganlea train station, Logan Hospital and Meadowbrook Shopping Centre, as well as close to excellent schooling options like Loganlea State High School and campuses for both TAFE Queensland and Griffith University.
Dont let this golden opportunity pass you by, call Rocky on 0491 088 581 to register your interest now.
Features
- Strong rental return $41600 to $43680
- 4 years new with high maintenance
- Balanced layout with 2 * 3bedroom units
- Unit 1 bathroom is BRAND NEW CONDITION and RARELY USED
- Huge $$$ rental potential
- Split System Air Con
- Ceiling Fans
********** Note to buyers ***********
> Due to the privacy request of the tenants, the photos were used as past photos without tenants' furniture
> This property is Buyers By Appointment only
Property History for 43b Pinelands St, Loganlea, QLD 4131
- 14 Dec 2022Sold for $810,000
- 06 Dec 2022Listed for Sale Income $41,600 - $44,720
- 06 Nov 2018Listed for Rent $360 / week
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Loganlea 4131
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 3,767 properties. Over the last 5 years, Houses in Loganlea have seen a 86.63% increase in median value, while Units have seen a 121.92% increase. As at 30 September 2024:
- The median value for Houses in Loganlea is $692,556 while the median value for Units is $559,941.
- Houses have a median rent of $500 while Units have a median rent of $450.
Suburb Insights for Loganlea 4131
Market Insights
Loganlea Trends for Houses
N/A
N/A
View TrendN/A
N/A
Loganlea Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
