SOLD
Sold on 30 Jan 2024 for $342,565

14/1848 Logan Road
Upper Mount Gravatt QLD 4122

Bedrooms: 3
Bathrooms: 3
Car spaces: -
Floor area: 83m2
Land area: 129m2
Sold By
Belle Property Newmarket
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Property Details for 14/1848 Logan Rd, Upper Mount Gravatt

14/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Unit and was built in 2006. The property has a land size of 129m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Unit sold in Upper Mount Gravatt in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
83m2
Land Size
129m2
Local Government
Brisbane
Lot/Plan
14/SP181987

Last Listing description (April 2024)

Designed to provide share accommodation for students, the well-appointed property represents a high performing investment prospect with excellent growth potential and a solid rental return.

The apartment features bright interiors, smart modern finishes throughout. There are three oversized bedrooms plus an open living and dining space with a well-equipped kitchen and dishwasher. There is also separate access to the balconies in each bedroom which is a rare configuration for this complex.

The fully managed complex offers sophisticated accommodation with first rate facilities including a swimming pool, gym and recreation breakout space. There is also excellent security with on-site management and intercom access, fast WiFi throughout and a great sense of community within the building.

Achieving high performance returns, this quality property presents a great buying opportunity in a premium.

Highlights include:
- City express bus stops on Logan Road
- Minutes' walk to Westfield Garden City or Coles Village
- Gymnasiums, library, retail, cinema and cafes nearby
- Local parks for recreation
- 13km to Brisbane CBD or 20 minutes by car
- 2km to Pacific Motorway and close to the Gateway

Features include:
- 3 separate student tenancies
- Pool onsite and games room
- 2.1km to Griffith Uni Nathan Campus
- Gross rental income Approx: $37000 per annum
- 3 beds, each with ensuite

Income:
- 14A - $235pw
- 14B - $230pw - Increase from the 21st Feb 2024 to $245p/w
- 14C - $235pw

Outgoings:
- Body Corp - $5,650pa
- Council Rates - $1,800pa
- Urban Utilities (Water) - $1,400pa
- Services (Internet & Electricity) - $3,795pa ( based on 50 weeks occupied)

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 and interested parties must solely rely on their own enquiries.

Property History for 14/1848 Logan Rd, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$342,565
30 Jan 2024
  • 30 Jan 2024
    Sold for $342,565
  • 18 Jan 2024
    Listed for Sale Contact Agent
  • 21 Jan 2020
    Listed for Sale $380K+
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About Upper Mount Gravatt 4122

The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2011 was 8,852 people. By 2016 the population was 9,227 showing a population growth of 4.2% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation. In 2011, 59.9% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.2% in 2016.

Upper Mount Gravatt has 5,461 properties.

    There are currently 44 properties listed for sale, and 31 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Upper mount gravatt.

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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.