OFF MARKET

1794 Logan Road
Upper Mount Gravatt QLD 4122

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 64m2
Land area: 607m2
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Property Details for 1794 Logan Rd, Upper Mount Gravatt

1794 Logan Rd, Upper Mount Gravatt is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 607m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1970
Floor Size
64m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
13/RP80748

Last Listing description (July 2021)

PC2 City Regional Zoning on this 3 Unit Complex

Located next door to the new Medical Specialist Centre, in the heart of Mount Gravatt, only 3 Kilometres from the Griffith University, Nathan Campus and 1200 meters from Garden City, this fast developing area has been earmarked as Priority Precinct by the BCC.
Currently bringing a rental income of $900 per week, (potential rental income $1020 per week), all the units have been recently upgraded and furnished with nothing to spend!

This is a blue chip position earmarked for multi level mixed use building with a mixture of commercial and/or residential apartments. The complex is included in a part of the "Priority Infrastructure Plan".
PC2 Regional Centre (From Brisbane City Council )
"Regionally significant commercial, residential community, cultural and entertainment uses as well as retail requiring large catchments.
High rise buildings containing a mix of uses, e.g. Chermside and Upper Mount Gravatt."
Transport
As a PC2 Regional Centre, Upper Mount Gravatt is directly linked to Brisbane City by a Dedicated Express Bus-way. "Congestion free at Peak periods" Links to Brisbane Airport.
Located next door to the new Multi Level Medical Specialist Centre, this fast developing area has been earmarked as Priority Precinct.
The tenants are currently on Periodic Leases and all 3 total $900PW; all 3 tenants are keen to stay and are prepared to sign new leases.
Rates and water $2377 per Quarter
Each Unit Includes:
2 Bedrooms, one living area, kitchen, Bathroom, 1 Car Carport and a laundry area.
Internal Inclusions- Air Conditioning, Stove, Fridge, Washing Machine, microwave, Lounge, Dining Setting and Beds
Location
A short walk to restaurants, Schools, Garden City Shopping Complex, and only a few minutes to the Nathan Campus and just 10 minutes to Brisbane City via the Pacific Freeway.

Property History for 1794 Logan Rd, Upper Mount Gravatt, QLD 4122

A timeline of how this property has performed in the market
Last Sold
$1,250,000
01 Aug 2022
Listed for Rent
$295/w
05 Feb 2011
  • 01 Aug 2022
    Sold for $1,250,000
  • 21 Jun 2021
    Sold for $1,020,000
  • 01 Aug 2019
    Listed for Sale $1.2 Mil
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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 5,435 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 76.56% increase in median value, while Units have seen a 58.07% increase. As at 30 September 2024:

  • The median value for Houses in Upper Mount Gravatt is $1,096,359 while the median value for Units is $628,844.
  • Houses have a median rent of $620 while Units have a median rent of $630.
There are currently 39 properties listed for sale, and 18 properties listed for rent in Upper mount gravatt on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Upper mount gravatt.

Suburb Insights for Upper Mount Gravatt 4122

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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.