SOLD
Sold on 09 Dec 2023 for $735,000

9A Spruce Street
Loganlea QLD 4131

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 88m2
Land area: 350m2
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Property Details for 9a Spruce St, Loganlea

9a Spruce St, Loganlea is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2016. The property has a land size of 350m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom Unit sold in Loganlea in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
88m2
Land Size
350m2
Local Government
Logan City
Lot/Plan
11/SP285934

Last Listing description (January 2024)

DOUBLE THE INCOME! DOUBLE THE INCENTIVE!
OFF MARKET

Unit 1 Tenanted until March 2024 at $385 pw

Unit 2 Tenanted until March 2024 at $350 pw

Modern dual key property, perfect for the astute investor. Situated in the perfect location for those looking for practicality and security, 9a Spruce St Loganlea has plenty to offer. Boasting secure tenancies and dual rental income, this property is perfect for the savvy investor.

The unique design of this property offers dual access from front entry doors creating the feel of a true duplex. With an attractive rental yield ($735/week combined) with the rental appraisal being over $850pw, this property features three bedrooms, two bathrooms, and a car garage on one side, while the other side offers two bedrooms, one bathroom, and a car garage. The 3 bed unit boasts a large backyard and the 2 bed allows for low maintenance living with the front courtyard area, ensuring happy and long-term tenants!

$850 per week rental appraisal

Features:

UNIT 1 - 3 bedrooms, all with built-in robes and ceiling fans
- Master bed with en-suite and air-conditioning & WIR
- Large main bathroom with shower, bath and separate toilet
- Combined family and dining room with open plan to kitchen + AIR CON
- Outdoor alfresco area overlooking the spacious yard

Unit 2 Highlights:
- 2 bedrooms, both with built-in robes and ceiling fans
- Open plan living and dining with modern kitchen + AIR CON
- Outdoor entertainment space
- Front garden/porch area perfect for low maintenance living

Ideally located close to amenities and with an impressive current rent, this property will surely be a fantastic addition to your portfolio. Dual key properties are fast to move at this price, don't miss your opportunity to make an offer - call the Rebecca Cuderman Team today!

Property History for 9a Spruce St, Loganlea, QLD 4131

A timeline of how this property has performed in the market
Last Sold
$735,000
09 Dec 2023
  • 09 Dec 2023
    Sold for $735,000
  • 13 Oct 2023
    Listed for Sale $730,000+
  • 09 Nov 2020
    Listed for Sale $305,000
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About 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 3,796 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:

  • The median value for Houses in Loganlea is $672,187 while the median value for Units is $522,776.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Loganlea on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Loganlea.

Suburb Insights for Loganlea 4131

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Contact agent
Jordan Cook
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Rebecca Cuderman
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Ray White Marsden
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.