5/81 Richards Street
Loganlea, QLD 4131

Overview

Dual Key Opportunity - Close to everything.

This exceptional low-set dual key property presents a unique investment opportunity with the flexibility to accommodate a family or generate dual incomes under a single rates bill. Situated in a private street, the residence offers two separate living areas, each with its own set of bedrooms, bathrooms, and garages, making it ideal for extended families or rental income.

Side A features a generously sized master bedroom complete with air conditioning, a large walk-in wardrobe, and an ensuite bathroom. Bedrooms two and three are bright and airy, equipped with overhead fans and built-in wardrobes. The kitchen boasts a sleek design with electric appliances, stone benchtops, and a breakfast bar, seamlessly connecting to the open-plan living and dining areas that overlook a spacious backyard. An alfresco entertaining area provides an inviting space for relaxation or social gatherings. The oversized garage includes internal access and additional parking at the front.

Side B offers a comfortable master bedroom with an overhead fan and built-in wardrobe, alongside a second bedroom overlooking the rear yard, also fitted with a fan and built-in wardrobe. The flowing living space accommodates living and dining areas with easy access to a modern kitchen. A covered entertaining area enhances the outdoor living experience, while the yard provides ample space for children or pets. This side also includes a single lock-up garage and extra parking space.

Currently tenanted by quality tenants with leases secured until January 2027, the combined weekly rental income totals $980, underscoring the property's strong investment potential.

Conveniently located just minutes from the motorway entrance, Logan Hospital, Marsden and Meadowbrook Shopping Centres, Griffith University, and other amenities, this property offers excellent connectivity. Brisbane city is approximately 25 minutes away, and the Gold Coast is within a 40-minute drive.

The property is scheduled for auction on the 16th of May at 2pm, held at Fitzys Function Centre, Bryants Road, Loganholme. This is a rare opportunity to secure a versatile and well-positioned home in Loganlea.

Location