45c Pinelands St, Loganlea is a 5 bedroom, 3 bathroom House and was built in 2019. The property has a land size of 600m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Situated in an emerging pocket of the ever-growing suburb of Loganlea, this Dual Occupancy is the ideal buy-and-forget investment, with a fantastic weekly return of $850! Being just 4 years old, this property also has plenty of depreciation benefits left.
H A L L M A R K S
~ NO BODY CORP.
I N S I D E
Unit 1:
~ Open plan kitchen, dining & living space with air-conditioning
~ Well-appointed kitchen with electric cooking & dishwasher, plus large island bench with breakfast bar
~ Main bedroom with ensuite, large built-in closet & ceiling fan
~ Two more bedrooms, both with built-ins & ceiling fans
~ Main bathroom with bathtub & separate toilet
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock-up remote garage
~ Security screens to windows and doors throughout
Unit 2:
~ Open plan kitchen, dining & living space (with air-conditioning & ceiling fan)
~ Well-appointed kitchen with electric cooking & dishwasher
~ Main bedroom with built-ins, ceiling fan & access to bathroom
~ Second bedroom with built-ins & ceiling fan
~ Two-way bathroom
~ Storage cupboards
~ Outdoor alfresco, with oversized backyard
~ Single lock-up remote garage
~ Security screens to windows and doors throughout
T E N A N C Y
~ Currently achieving a combined rent of $850p/week
~ Unit 1 lease expiry: May 2024
~ Unit 2 lease expiry: August 2024
A full list of outgoings is available upon request.
T A Y L O R 'S Comments:
"These properties with dual incomes are very much the desired investment in Loganlea at present, as the strong yields prove too good to pass up! This one is sitting around 5.7% and is the ideal buy & forget-investment opportunity! Plenty of depreciation benefits on offer, plus a location that is in a growth corridor, with plenty of infrastructure moving into the Loganlea area!"
L O C A T I O N
Walking distance to bus stops & parklands. Logan Hospital, Griffith University, Logan Tafe & Meadowbrook Shops, all within a 7-minute drive!
*Please note that while every effort has been made to ensure the accuracy of these particulars, we advise interested parties to conduct their own inspections and due diligence. All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided.
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 3,799 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:
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