Lot 88 Arlo Estate, Logan Reserve QLD
Logan, QLD, 4133$ 959,138
Overview
Property ID: LA-9312
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 203
Details
Updated on Dec 09, 2024 at 06:32 pm
Property Type: | Dual Occupancy |
---|---|
Price: | $ 959,138 |
Land Price: | $ 445,000 |
Build Price: | $ 514,138 |
Gross Per Week: | $ 1,065 |
Gross Per Annum: | $ 55,380 |
Gross Yield: | 5.77% |
Capital Growth 12 Months: | 16.47% |
Capital Growth 10 Year Annualised: | 7.41% |
Vacancy Rate: | 1.84% |
Property Size: | 203 m2 |
Land Area: | 516 m2 |
---|---|
Bedrooms: | 3+2 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | February 2025 |
Property ID: | 9312 |
SKU: | 1012 |
Description
This dual occupancy property in Arlo Estate, Logan Reserve, features a modern design with a main house offering 3 bedrooms, 2 bathrooms, and a living area, complemented by an auxiliary unit with 2 bedrooms, 1 bathroom, and its own living space. Spanning 203.68m² on a 516m² lot, it boasts premium inclusions and offers a strong rental yield. The property is ideal for investors or multi-generational living in a growing area.
Suburb Profile:
Logan Reserve is a thriving suburb in South East Queensland, located between Brisbane and the Gold Coast. It is well-connected by public transport and road networks, making it highly accessible. The suburb offers a range of schools, shopping centers, and parks, making it attractive for families and investors.
Site Inclusions:
- 400mm site scrape and/or balanced cut and fill excavation
- Termite treated timber frame and slab perimeter treatment
- Sewer and stormwater connections to existing serviceable points
- Retaining walls as per attached building plans
Preliminary Inclusions:
- Fixed price HIA contract
- Engineering and slab design
- Soil test and contour survey
- Independent quality inspections during construction
Internal Inclusions:
- 2400mm nominal ceiling height
- Vinyl plank flooring in living areas and carpet in bedrooms
- Stone benchtops in kitchen and bathrooms
- Semi-framed shower screens and above-counter basins
External Inclusions:
- Colorbond roof, fascia, and gutters
- Face brick walls with feature render
- Exposed aggregate driveway and portico
Landscaping Inclusions:
- Turf to front and rear yard
- Garden beds with a variety of plants and mulch
- Fencing with a treated pine gate
Electrical Inclusions:
- LED ceiling lights
- TV/Data points as per plan
- Split system air conditioners in living areas and master bedroom
Appliance Inclusions:
- 600mm electric oven, cooktop, and rangehood
- Dishwasher and stainless steel kitchen sink
Upgraded Inclusions:
- 2550mm high ceiling as required by estate covenant
- Block-out roller blinds for applicable windows
Energy Efficiency:
- 7-star energy rating compliance
- Electric hot water storage system
Warranties:
- 6.5-year structural guarantee
- 12-month maintenance warranty
- 5-year warranty on cooking appliances and air conditioning
This dual occupancy property in Logan Reserve offers modern design, strong rental yields, and premium inclusions, making it a fantastic investment opportunity in a high-demand location.
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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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.