Logan Reserve Dual Occupancy | 5.2% Yield Potential | $1,180/Wk Dual Income

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Lot 39 Caspian Crescent, Logan Reserve QLD 4133

Logan Reserve Dual Occupancy | 5.2% Yield Potential | $1,180/Wk Dual Income

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$1.1M - $1.2M High Confidence Calculated based on strong search observations.

Duplex 6 Beds 3 Baths 3 Cars 512 m² 215 m²

Listed: 14 days ago

Updated: 12 hours ago

Overview

This unique dual occupancy property in Logan Reserve presents a lucrative opportunity for investors and families alike, blending two separate dwellings on one land title to provide flexibility and income potential. The site covers approximately 512 square metres and features two residences totalling around 215 square metres of living space.

The main home includes four bedrooms, complemented by a two-bedroom secondary dwelling, creating two distinct living spaces ideal for extended families or rental purposes. This layout is supported by three bathrooms and three secure parking spaces, ensuring practicality and comfort for multiple occupants.

The property's thoughtful Mayfair design focuses on modern living with low maintenance in mind. High-quality finishes such as stone kitchen benchtops, stainless steel appliances, and energy-efficient 7-Star rated construction enhance value and appeal. Comfort is ensured through air conditioning in key areas, ceiling fans, LED lighting, and roller blinds, while each dwelling includes features like a walk-in robe in the master bedroom and NBN readiness.

The outdoor amenities further elevate lifestyle options, including a feature alfresco area, exposed aggregate driveways, secure fencing, gated access, landscaping, and retractable clotheslines. Notably, the main dwelling benefits from an automatic double garage with remote control. Sustainability is also addressed with a 1.5kW solar system installed per dwelling, reducing running costs.

Investors can anticipate a combined weekly rental potential of up to $1,180, reflecting a projected gross yield of 5.2% based on the fixed-price package of $1,169,480. This dual income feature allows diversification of rental streams or owner occupation with supplementary rental income. The property is located within the Riverleigh community area, offering access to schools, shopping, recreation, and connectivity to Brisbane and the Gold Coast.

Overall, this dual occupancy dwelling meets the needs of property buyers seeking income generation, accommodation for extended family, or a balance of both in an established community. Its comprehensive inclusions, modern design, and practical layout combine to create a standout investment and lifestyle opportunity in Logan Reserve.

Local Market Insights

In Logan Reserve, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $1,076,370. The property type mix of listed properties is predominantly Houses at 73%, followed by townhouses (12%), and duplexes (8%). The most active agency for duplexes in the Logan Reserve area is currently House and Land Solutions, representing 25% of new listings, followed by Ray White with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.