1374 Logan Road

Mount Gravatt QLD 4122

But wait, there's more .... A commercial office and shop front obtains high exposure. Drivers along Logan Road find it hard to ignore.

The property includes 407m2 of interior floor space.

A savvy investment, the property features yearly rent returns of $94,244. A recent rental appraisal estimates rental returns can be achieved approximately $10,000 higher per year.

Unit 1: Periodic tenancy at $250 per week
Unit 2: Fixed lease at $290 per week until 22/01/2023
Unit 3: Periodic tenancy at $280 per week
Unit 4: Fixed lease at $280 per week until 21/02/2023
Commercial Office: $3087 per month

Each residential unit includes:
- Functional kitchen with an oven and cooktop
- Bathroom
- Access to a shared laundry and clothesline
- 1 car space
- Generous, North facing, private balcony

Other features
+ Logan Road frontage with Large Glass Shop Front
+ Public transport, cafes, restaurants and shops at your door step
+ 11 car parks in total (7 underground & 4 outdoor)
+ Potential development opportunities subject to Council approval

Positioned in a sought-after inner-city precinct, this property is just:
- 8.3km (10 minute drive) from Brisbane City
- 300m to Mount Gravatt Lifestyle precinct
- 700m to Mount Gravatt Plaza shopping centre
- 500m to Mount Gravatt State School
- 500m to Mount Gravatt High School
- Transport is made easy with city bus stops at your door step
- 5 minute drive to Griffith Universtity and Pacific motorway

Approximate site dimensions:
15.5m frontage & 45m depth
155m2 Back yard (15.5m x 10m)

Zoning: LMR2 Low-Medium density residential (2 or 3 storey mix)

Total Annual Council Rates: Approx. $8,036.60
Total Annual Water/Sewerage Fees: Approx. $2,781.68

Fully tenanted and offering great returns this is the perfect investment property.

Contact Eagle Real Estate to arrange a private inspection. Phone 3394 1077 or 0439 781 640.

* Image outlines displayed are indicative only

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.