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Lot 40 Wellspring Drive, Riverbend QLD
Logan, QLD, 4280$ 995,940
Overview
Property ID: LA-14405
- Dual Occupancy
- Property Type
- 3+1
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 200
Details
Updated on May 28, 2025 at 04:16 pm
Property Type: | Dual Occupancy |
---|---|
Price: | $ 995,940 |
Land Price: | $ 469,900 |
Build Price: | $ 526,040 |
Gross Per Week: | $ 980 |
Gross Per Annum: | $ 50,960 |
Gross Yield: | 5.12% |
Capital Growth 12 Months: | 1.00% |
Capital Growth 10 Year Annualised: | 5.64% |
Vacancy Rate: | 2.24% |
Property Size: | 200 m2 |
Land Area: | 795 m2 |
---|---|
Bedrooms: | 3+1 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | November 2025 |
Property ID: | 14405 |
SKU: | 1046 |
Description
This is a dual occupancy property featuring two dwellings under one roofline with individual amenities, located in the growing Riverstone Springs estate. Designed with functionality and investment potential in mind, this package offers full turnkey inclusions and fixed pricing. It includes 4 bedrooms and 2 bathrooms across the property, spread over a 200.35m² house area on a 795m² land parcel. Expected title release is November 2025.
Suburb profile:
Riverbend is a developing suburb in Queensland known for its planned residential communities, proximity to Logan and Brisbane CBD, and emerging infrastructure. The area is attracting families and investors due to its affordability, lifestyle offerings, and future growth potential.
Site Inclusions - Site Works, Foundations & Connections:
- Concrete waffle slab
- Termite treatment
- Temporary fencing
- Crushed rock access drive
- Stormwater, sewer and underground power included
Preliminary Inclusions:
- Energy rating as per NCC requirements
- Plans and specifications
- Engineering drawings and building permit
- Bushfire compliance upgrade
Internal Inclusions:
- 2440mm high ceilings to single storey
- 2590mm high to ground floor on all double storey
- Concealed plumbing
- Robes with melamine shelf and white hanging rail
- Linen cupboard with 4 melamine shelves
- Broom and coat cupboards
- Flush panel internal doors
- Vinyl sliding doors to robes and cupboards
- Multifold doors to European laundry
- Cove cornice throughout
- MDF skirtings and architraves
- Low sheen acrylic to interior walls and ceiling
- Semi gloss enamel to interior woodwork and doors
- Ceramic floor and wall tiles to wet areas
- Carpet to bedrooms and robes
- Double power points throughout
- LED downlights throughout
- TV point to family room and bedroom 1
- TV antenna
- Self-closing exhaust fan above showers
- Smoke detectors direct wired with battery backup
External Inclusions:
- Aluminum windows and sliding doors with locks and flyscreens
- Bricks from standard builder range
- COLORBOND roof, fascias and gutters
- Glazed sliding external doors
- Chrome entrance set and deadbolt to front and garage doors
- Garage with concrete floor, plaster lined ceiling and walls
- Remote control COLORBOND panel lift door
- Single Duracote rear hinged door
Landscaping Inclusions:
- Fully landscaped front and rear gardens
- Irrigation system to front yard
- Exposed aggregate driveway, front path and rear outdoor area
- Timber paling fencing including wing fence and gate
- Rendered letterbox
- Fold out clothesline
Electrical Inclusions:
- Double floodlight with sensor
- EV charger point in garage
Appliance Inclusions:
- 900mm multifunction electric oven stainless steel
- Induction cooktop
- 900mm canopy rangehood stainless steel
- Dishwasher stainless steel
- Stainless steel sink and drainer
- Chrome gooseneck mixer tap
- Stainless steel trough and cabinet in laundry
- Hot and cold washing machine connections
Upgraded Inclusions:
- Engineered stone benchtops
- Timber laminate floor upgrade
Energy Efficiency:
- 280L Heat Pump electrical hot water unit
Warranties
- Structural guarantee
- Insurance with home owners warranty
This dual occupancy package in Riverstone Springs offers a fixed-price, turnkey solution ideal for investors. With high-quality finishes, thoughtful design, and a strong rental yield estimate, it presents an excellent opportunity in a growing area.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.