Last Listing description (April 2023)
Strong Rental Yield! Rented for $800 per week.
55 Rosella St, Loganlea is the perfect investment vehicle, an investor's dream... in the heart of Loganlea.
Dual occupancy in a highly sought after pocket of Loganlea. Rent out both OR owner occupy one, rent out the other.
This turnkey property in 'as new' condition, purpose built as a dual occupancy dwelling and sited just right on an elevated 354m2 elevated, easy maintenance parcel of land.
> The astute investor who wants to rent out both units, and take advantage of rising rents, along with the significant demand for rental accommodation;
> An owner occupier who wants to live in one unit and rent out the other; or
> Perhaps you're a large family that wants dual livings options. Two separate fully self-contained units contained in one overall property on the same allotment (and title).
Enjoying an easterly aspect and positioned right at the doorstep of all the infrastructure & amenities that Loganlea and the Logan-Yatala Enterprise area has to offer; as well as being geographically situated between the Gold Coast and Brisbane, this is a property that definitely turns heads.
This property benefits from being a purpose built (and smart) designed dual living dwelling, delivering overall; five (5) bedrooms, three (3) bathrooms, two (2) kitchens, two (2) open plan living areas, two (2) laundries, two (2) x single garages and two (2) outdoor entertainment areas with pergolas. Each unit is completely distinct, with both units having their own oversize single car garages. The units benefit from having their own separate entrances (opposite sides of the building), and along with its own under pergola roofing entertaining area. Unit 1 also enjoys a good sized and private fully fenced back yard.
Overall Property Features:
> Striking street frontage and appeal, with the property slightly elevated from the street level.
> Generous sized master bedrooms to each unit
> Light filled bedrooms with full height windows
> Large open plan living and dining areas
> Well appointed modern kitchens featuring quality fittings and finishes; including stone benchtops, stainless steel appliances, quality cabinetry with plenty of storage.
> Lush green grass to front and rear yards, with a beautiful garden area to the front of Unit 2.
Unit 1 Description and Features:
> Three (3) Bedrooms with built-ins and large windows bringing in plenty of natural light
> Generous sized master bedroom with ensuite
> Open plan kitchen, dining, and living area
> Modern kitchen with gas cooktop, stone benchtops and stainless steel appliances
> Ceiling fans to lounge room and all bedrooms
> Air conditioning to open plan living and dining area
> Good sized main bathroom that is bright and airy
> Stunning timber floor boards throughout the home, with carpets to the bedrooms
> Separate laundry area
> Security screens to all windows and doors
> Quality window fittings (blinds)
> Under the main roof, single car garage. External pedestrian access door to the side of the garage, allowing ease of access to the garage from the unit.
> Large pergola area for outdoor living and entertaining.
> Fully fenced backyard (providing rear yard and side access).
Unit 2 Description and Features:
> Two (2) bedrooms with built-ins and large windows bringing in plenty of natural light
> Generous sized master bedroom
> Open plan kitchen, dining, and living area
> Modern kitchen with gas cooktop, stone benchtops and stainless steel appliances
> Ceiling fans to lounge room and all bedrooms
> Air conditioning to open plan living and dining area
> Good sized main bathroom that is bright and airy
> Stunning timber floor boards through the home, with carpets to the bedrooms
> Built in laundry, with the laundry being built into the garage area
> Security screens to all windows and doors
> Quality window fittings (blinds)
> Under the main roof, single car garage. Internal access from the garage, directly into the unit.
> Good sized and private, easterly facing pergola area for outdoor living and entertaining.
Both units are currently rented on a fixed term tenancy. Unit 1 is rented for $430 per week until July 2023, and Unit 2 is rented for $370 per week until September 2023. The total rent for these units under these leases is $800 per week, delivering a very impressive rental yield.
For the purposes of any tenancy agreement, the respective units are described as: Unit 1/55 Rosella St, Loganlea; and Unit 2/55 Rosella St, Loganlea. The allotment description is Lot 14 on SP 291024. The approximate Council Rates cost is $1,080 per quarter.
Significant infrastructure and key amenities are all located conveniently nearby. Situated within minutes' drive of the Waterford Plaza, Meadowbrook Shopping Centre, Logan Hospital. Loganlea Train Station, TAFE QLD Loganlea campus, Griffith University Logan campus, and Logan Motorway.
Local schools in the immediate vicinity include: Waterford West State School, Loganlea State High School, Waterford State School, Marsden State School and Marsden State High School.
Find, love, buy. Call now, before this property is snapped up. Contact Ian Kebblewhite on 0402 015 965
Disclaimer: Whilst preparing this information we have used our best endeavours to ensure that the information contained is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained. The rental yield stated in this advertisement is an approximate only and is to be used for indicative purposes only. The rental yield is not guaranteed and is subject to the final sale price as well as any proposed purchaser's own independent research.