42/1848 Logan Road

Upper Mount Gravatt

Bed 3
Bath 3
Garages 1
Offers over $450,000
Belle Property

Contact Agents

Simon Penrose
Real Estate Agent
Raz Gradinaru
Real Estate Agent

One for the investors - yield returning 9.82%

Here’s your chance to secure a high-performing investment with impressive returns in sought after student accommodation complex.

Upper Mount Gravatt has seen over 64% growth in the past five years, with no signs of slowing down.

Ideally located just 2km from Griffith University and 13km to Brisbane’s CBD, this purpose-built student accommodation is part of a quality complex and delivers strong, consistent rental income.

Investment information:
• 9.82% yield
• All 3 bedrooms rented under rooming accommodation
• Total rent return $850 per week
• Leases due to expire 25 October, 26 March, 26 April
• Low vacancy rates
• 64% suburb growth over the past 5 years, ref: Corelogic data

Apartment features include:
• Three bedrooms with their own private ensuite, ceiling fan and built-in robe
• A modern, fully equipped kitchen with dishwasher
• Open plan living and dining area with air-conditioning
• A large private balcony for outdoor relaxation
• Internal laundry area

Complex information:
• Swimming pool with sun lounges
• BBQ and outdoor patio area
• Fully-equipped gym
• Air-conditioned games room with pool table
• Dedicated study area
• Secure complex
• Dedicated onsite manager

Location:
• 1km to Westfield Garden City
• 2km to Griffith University
• 4km to TAFE Mount Gravatt
• Express city bus stops on Logan Road
• Easy access to the Pacific Motorway and Gateway Motorway
• 13km to Brisbane CBD

This is a must-inspect for savvy investors seeking long-term performance and peace of mind.

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own inquiries to verify the information contained in this advertisement.

More information about this property, including the Statement of Information, can be found on the Belle Property website.
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