9/1848 Logan Road
Upper Mount Gravatt, QLD 4122

Overview

HIGH RETURN INVESTMENT OPPORTUNITY - DON'T MISS THIS ONE

This investment property offers a superb opportunity exclusively for investors seeking a high return. The spacious and modern apartment features three bedrooms and three bathrooms within a quality complex located just minutes from essential amenities, including major transport links, shopping and retail centers, and only 15 minutes from the city center.

Designed specifically to cater to the student accommodation rental market, these well-equipped apartments provide private, secure, and spacious living solutions for tertiary students attending local Griffith campuses, city universities, or TAFE. The complex enjoys a strong reputation and consistently maintains high occupancy rates, ensuring a reliable income stream. Typically, each bedroom is rented separately, generating a strong weekly return.

The apartment layout includes three equally sized bedrooms, each fitted with ceiling fans, blinds, carpets, sliding robes, and their own ensuite bathrooms in excellent condition. The kitchen is of high quality, equipped with stainless steel appliances including a dishwasher, and offers ample cupboard and bench space. This tiled kitchen area opens into an air-conditioned lounge and dining room, which extends to a large private balcony ideal for outdoor enjoyment.

On-site management handles daily maintenance and rental management, contributing to the building's success. The absence of lifts helps keep body corporate fees low. Residents have access to excellent facilities including a gymnasium, an in-ground pool with sun lounges, a BBQ and patio area, and a separate air-conditioned recreational room with a pool table.

The location is highly convenient, with city bus stops, Coles Village, Westfield Garden City, gyms, boutiques, restaurants, cinemas, and entertainment facilities all within walking distance.

Investor's Corner:

• Body Corporate Fees approximately $1,650 per quarter
• Council Rates approximately $550 per quarter
• Rental Appraisal approximately $800 to $850 per week

Disclaimer: Due to Queensland legislation, sellers or agents cannot provide a price guide for auction properties. Any price estimates on the website are for functionality purposes only and should not be considered as a price guide. While every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or agent. Interested parties should verify details by inspection or other means.

Location