43/1848 Logan RoadUpper Mount Gravatt QLD 4122
Property Details for 43/1848 Logan Rd, Upper Mount Gravatt
43/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 108m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Last Listing description (January 2024)
This Unit is the largest split-level layout in the building which commands significantly more rent than the smaller 3 bedroom units. It is not comparable with most of the recent sales. Purchase in the high $300K's and enjoy $840 per week in rent!
A central location with easy access to Griffith University, Westfield Garden City and transport options, confirms all the superb lifestyle advantages of this specialised three-bedroom apartment. Designed to provide share accommodation for students, the well-appointed property represents a high performing investment prospect with excellent growth potential and a solid rental return. This unit has a weekly gross rental return of $840 per week.
The split-level apartment with oversized bedrooms features bright interiors and smart modern finishes throughout. There are three bedrooms, each with a workstation and ensuite bathroom, plus an open living and dining space with a well-equipped kitchen and dishwasher. There is also a wide entertainment courtyard and two balconies with elevated views over the surrounding area.
The fully managed complex offers sophisticated accommodation with first rate facilities including a swimming pool, gym and recreation breakout space. There is also excellent security with on-site management and intercom access, fast WiFi throughout and a great sense of community within the building.
Achieving high performance returns with potential for 10% plus yield, this quality property presents a great buying opportunity in a premium location within walking distance to the best that Brisbane has to offer.
Features include:
- Specialised share accommodation popular with students
- Well-appointed throughout with a modern open kitchen
- Three bedrooms with workstations and own bathroom
- Large balcony off living and private balcony to one bedroom
- Communal swimming pool, games room and gym
- Air-conditioning, ceiling fans and high-speed internet
- Easy access to Griffith University plus major shopping and transport
- A modern secure complex with on-site management
- Excellent investor opportunity for high returning gross yield
Phone Jonathan Levey for more information or to arrange your private viewing.
**** Please note that this property is being sold with a furniture package as part of the property sale. This includes but is not limited to bed frames, whitegoods, desks, chairs &tables.
Property History for 43/1848 Logan Rd, Upper Mount Gravatt, QLD 4122
- 14 Oct 2019Listed for Sale $390,000 Negotiable
- 26 Aug 2015Sold for $315,000
- 14 Mar 2011Listed for Sale $390,000 Negotiable
Recent sales nearby
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About Upper Mount Gravatt 4122
The size of Upper Mount Gravatt is approximately 4.3 square kilometres. It has 11 parks covering nearly 5.9% of total area. The population of Upper Mount Gravatt in 2016 was 9241 people. By 2021 the population was 10800 showing a population growth of 16.9% in the area during that time. The predominant age group in Upper Mount Gravatt is 20-29 years. Households in Upper Mount Gravatt are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Upper Mount Gravatt work in a professional occupation.In 2021, 51.40% of the homes in Upper Mount Gravatt were owner-occupied compared with 56.20% in 2016.
Upper Mount Gravatt has 5,593 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 103.59% increase in median value, while Units have seen a 90.44% increase. As at 31 March 2026:
- The median value for Houses in Upper Mount Gravatt is $1,500,287 while the median value for Units is $807,992.
- Houses have a median rent of $693 while Units have a median rent of $645.
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