1/18-22 Maywood Street

Loganlea QLD 4131

Entry level housing opportunity for a savvy investor as properties such as this are in high demand. With 6% rental yield and an excellent tenant in place at $400pw, this positively geared property is a great one to add to any investment portfolio. This is one amazing chance to buy a home that is impressive in size, perfectly located to return a great rental profit, affordable to maintain and an all-round perfect opportunity. Located in a neat and tidy, small secure complex called Maywood Place this property is in a highly sought after location for schools, shops and ease of access to the Logan and M1 motorways. Residence featuring: This large, freestanding double story house is located just inside the entrance to the complex (built as the onsite managers private residence) with lovely gardens and privacy and presents you with the opportunity to enter the market and get your foot in the door while the buying is good in the under $400k buyer range. This is the largest house in the complex and very private from the remainder of the units. Security front door screen, large foyer entry with study/home office upon entry and access via sliding stacker doors (not pictured). A modern open plan kitchen, family/meals and lounge/dining area that is air conditioned and tiled with large sliding doors opening up onto a full length undercover outdoor entertaining area. This centrally located kitchen hosts a large double fridge space, pantry, storage, electric stove and oven and dishwasher with stone look benches and breakfast bar. There is also an adjoining separate internal laundry and downstairs powder room. The 3 upstairs bedrooms are all spacious in size. Bed 2 (not photographed) and Bed 3 fit Queen size beds and have built in robes and ceiling fans. Bed 3 has a small balcony and these bedrooms are serviced by a master bathroom with separate toilet and small landing. The master bedroom is king size and hosts a walk-in robe, air conditioning and ceiling fan and ensuite. All rooms have security screens and vertical blinds on the windows with neutral colour scheme. Outdoor features: A large double length undercover patio entertaining area with gardens and small lawn for the dog as complex is pet friendly under 10kgs. Double auto garage with additional visitors parking, fully fenced with lovely established gardens. 8 panel solar system for efficient power usage and costs for occupant. Additional features include: Ceiling fans throughout, AC in main living area and master bedroom, security screens on all windows and doors, linen cupboards and separate laundry with external clothesline. Current rental return of $400 per week with an excellent tenant in place who will stay on or relocate upon lease end in August. 5 mins drive to Loganlea Station down the road adjoining Logan Hospital and TAFE and Loganlea State High School; 3 mins drive to nearest shops; 2 mins walk to nearest park; 5 mins walk to local Waterford State School (Primary) and Child Care Centre; close proximity to the Meadowbrook Shopping Centre; centrally located to Griffith University; easy 35 mins drive to Brisbane CBD and the Gold Coast. Here you will find everything you seek in your new home including great value and located right in the middle of the Logan growth area, everything you need is within a short walk or drive. 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 enquiries to verify the information contained in this advertisement