Two Incomes. One Title. $1,040 Per Week with Rental Upside.

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15 Sunline Court, Logan Reserve QLD 4133

$1.1m +

Search Band Search Visibility Band

$1.1M - $1.21M High Confidence Calculated based on strong search observations.

House 5 Beds 3 Baths 2 Cars 450 m² 208 m²

Listed: 2 days ago

Overview

This distinctive dual-key property offers a unique investment opportunity with two self-contained living spaces beneath one roof and a single title at 15 Sunline Court, Logan Reserve. The cleverly designed layout comprises a larger three-bedroom, two-bathroom unit alongside a separate two-bedroom, one-bathroom unit, each with individual kitchens, living areas, laundries, covered patios, and single garages, allowing for comfortable and independent living for both households.

Built in 2022, the residence showcases contemporary interiors that are highlighted by air-conditioned living spaces and ceiling fans, creating an environment conducive to comfort throughout the year. The private fenced outdoor areas further enhance the appeal, providing a secure and pleasant environment for tenants.

Currently generating a combined rental income of $1,040 per week, there is potential to increase this to over $1,100 per week based on recent appraisals. This translates to an annual gross income of approximately $54,080 with scope for growth, positioning the property as an attractive prospect for investors seeking reliable returns without the hassle of managing multiple titles.

Additional features include built-in storage in bedrooms and modern bathrooms, contributing to practical and convenient living arrangements. The total floor area of the combined units is approximately 208 square meters, set on a 450 square meter land parcel, providing a tidy footprint that optimises usable space while maintaining manageable outdoor areas.

This property is well suited to investors looking to add a secure dual-income asset to their portfolio or those seeking a foothold in the property market with a versatile setup that can accommodate multiple tenants comfortably under one roof with privacy and autonomy.

Local Market Insights

In Logan Reserve, Quiet Listings observed 31 new houses entering the market over the last 30 days, down from 49 during the previous 30-day period, with an average advertised asking price of $958,774. The property type mix of listed properties is predominantly Houses at 73%, followed by townhouses (13%), and units (6%). The most active agency for houses in the Logan Reserve area is currently King & Company Property Group, representing 32% of new listings, followed by Ray White with 16%. 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.