29/1848 Logan Road

Upper Mount Gravatt QLD 4122

Boasting a tidy design with easy care tiled floors in main living areas, air conditioning, ceiling fans and quality carpets and blinds to each bedroom, this spacious apartment requires nothing to be done and minimal maintenance to keep it looking great!

The practical layout provides each double size bedroom with its own ensuite and built-in robes for storage. There's ample room for beds, desk and storage. Each bathroom is modern and appealing with decent vanity, toilet and shower facility.

The shared areas include a generously sized lounge and dining room with an open-plan design that opens via sliding doors to a large, tiled balcony. This is great space for outdoor entertainment and BBQ's, catching some sun or enjoying the company of friends.

A fantastic kitchen has been fitted with the great range of cabinetry and offers ample bench space for preparation. It also has high-end appliances including a dishwasher for convenience.

The property is part of a dedicated student building that operates under management and provides a good range of on-site facilities for its residents including a large inground swimming pool and sun lounging area. The apartment also comes with a secure underground car park and intercom entry.

Situated in a prime location of this popular suburb, this property is handy to everything and so easy for students to access either city-based or local universities and higher education facilities. Highlights include:

- City express bus stops on Logan Road

- Minutes' walk to Westfield Garden City or Coles Village

- Gymnasiums, library, retail, cinema and cafes nearby

- Local parks for recreation

- 13km to Brisbane CBD or 20 minutes by car

- 2km to Pacific motorway and close to Gateway

Income:

56A - $185pw until 22/08/2022
56B - $215pw until 09/09/2022
56C - $220pw until 14/09/2022
Total - $33214pa

Outgoings:

8.8% Management fee
Body Corp - $5,012pa
Council Rates - $1,503pa
Urban Utilities (Water) - $1,378pa
Services (Internet & Electricity) - $3,795pa
Total - $14,400pa ( APPR )

6.5% net yield and producing more than 10% gross return on Investment this is a guaranteed cash-cow that will continue to see solid growth due to its prime location and appealing layout.

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.