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9C Spruce Street, Loganlea, QLD 4131, 5 Bedrooms, 3 Bathrooms, Apartment

Asking Price

9C Spruce Street, Loganlea, QLD 4131

5
3
2
350m2
ApartmentListed on Thu Sep 19

Loganlea 5 Bedroom Great Investment Opportunity! high yield - Duplex with Modern Living and Versatile Layout

Explore this remarkable investment opportunity on an elevated 350m? block. This low-maintenance property boasts two private, self-contained units, ideal for extended family living or as a high-yield investment with a potential return over 5.5%!

This exclusive listing is available to both investors and owner-occupiers. Investors can enjoy strong rental returns, while owner-occupiers can choose to live in one unit and rent the other or use the second unit as a retreat for teens or a private suite for elderly family members.

Property Highlights:

Unit 1: This unit is currently leased for $470 per week until July 2025.

Unit 2: This unit generates $420 per week, leased until August 2025.

Together, these units provide 5 bedrooms, 3 bathrooms, and 2 lock-up garages with additional driveway parking, yielding a combined rental income of $890 per week-an exceptional opportunity for a positively geared investment.

This property showcases modern finishes, sturdy brick construction for added insulation and soundproofing, and a prime location near local amenities, midway between Brisbane and the Gold Coast.

Unit 1 Features:

? Ceiling fans and LED lighting throughout

? Automatic lock-up garage with internal laundry, accommodating a large SUV

? Master bedroom with ensuite and walk-in robe

? Air-conditioned open-plan living and dining

? Modern kitchen with Caesarstone benchtops and near-new appliances, including a dishwasher

? Low-maintenance gardens and lawn

Unit 2 Features:

? Private side entry

? Air-conditioned open-plan living area

? Kitchen with Caesarstone benchtops, dishwasher, electric oven, and ample storage

? Bedrooms with built-in wardrobes and ceiling fans

? Spacious shared bathroom with a large shower

Location:

? Minutes from Waterford West State School and Logan State School

? Proximity to Marsden Shopping Centre and Logan Motorway for easy access to Brisbane and the Gold Coast

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Waterford West State School
1.27 km
Primary
Prep-6
Government
icsea: 920
Loganlea State High School
1.84 km
Secondary
7-12
Government
icsea: 925

Loganlea surrounding data

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Ref:L30110498Last update:2024-12-21 03:52:57