Two Tenancies, One Title, Strong Rental Returns

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67 Miamax Place, Logan Reserve QLD 4133

FOR SALE BY NEGOTIATION

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$900k - $990k High Confidence Calculated based on strong search observations.

Duplex 5 Beds 3 Baths 2 Cars 421 m² 201 m²

Listed: 4 days ago

Overview

This well-maintained dual-key duplex investment in Logan Reserve offers a unique proposition for investors seeking immediate income and ease of management. Situated on a compact 421sqm parcel, this rare setup includes two separately tenanted residences under one title, combining functionality with excellent rental returns.

The first residence impresses with three spacious bedrooms, including a master suite with ensuite and built-in wardrobes featuring ceiling fans for increased comfort. Its central bathroom, secure single garage, and air-conditioned open-plan living seamlessly blend convenience and livability. A modern kitchen with ample storage and quality finishes enhances everyday functionality, while the private entrance and low-maintenance courtyard create an inviting outdoor area, perfect for personal relaxation or entertaining guests.

The second home complements this with two generous bedrooms, both equipped with built-in wardrobes and ceiling fans, plus a central bathroom that maximizes space utility. It also includes a secure single garage and a private outdoor courtyard, maintaining tenant privacy and comfort in a low-maintenance setting.

Low-maintenance 421sqm land
Combined five bedrooms and three bathrooms
Two secure garage spaces
Current combined rental income of $1,070 per week
Separate entrances for tenant privacy and independence
Modern kitchens equipped with quality appliances
Air-conditioned living areas in both residences
Fully fenced, private courtyards

This property balances solid rental income with minimal upkeep, making it suitable for investors seeking a dual-income asset in a growing area. The thoughtful design optimizes privacy and functionality, while the ongoing tenancy adds long-term appeal and convenience. Scheduled rental increases provide further income growth potential, underscoring this duplex as a prudent and strategic addition to any investment portfolio.

Local Market Insights

In Logan Reserve, Quiet Listings observed 3 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 $1,056,493. The property type mix of listed properties is predominantly Houses at 73%, followed by townhouses (12%), and units (6%). The most active agency for duplexes in the Logan Reserve area is currently Ray White, representing 33% of new listings, followed by House Property Agents with 33%. 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.