6/1848 Logan Rd, Upper Mount Gravatt is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 145m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Secure this fantastic yield-based investment with both hands, with over 10% Gross Return! Genesis Student Accommodation is conveniently located just a stone's throw from Griffith University's Nathan Campus and Westfield Garden City.
Due to the staggering of lease start and finish times this investment is unlikely to experience full vacancy, as when 1 tenant does leave usually there is still income from 2 other tenants making this not only a profitable but also a stable investment.
The complex features 57 units, plus a pool, games room and every facility that students could want. The building is approximately 16 years old and has recently been re-painted externally.
Inspections are available on request.
Features include:
3 separate student tenancies
Minimal chance of full vacancy due to different lease times
Pool onsite and games room
2.1km to Griffith Uni Nathan Campus
Gross rental income: $29,900 per annum
3 beds, each with ensuite
Income:
6A - $190pw until 03/10/2022
6B - $200pw until 27/12/2022
6C - $215pw until 17/01/2023
Total - $31,460pa
Outgoings:
Body Corp - $5,300pa
Council Rates - $1,502.85pa
Urban Utilities (Water) - $1,378.05pa
Services (Internet & Electricity) - $3,795pa
Total - $11,975.90
Upper Mount Gravatt is approximately 10km from Brisbane's CBD and is fast becoming a major urban hub for the southern suburbs of Brisbane.
*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.
https://www.reval.com.au/6-1848-logan-road-upper-mount-gravatt-qld-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 5,568 properties. Over the last 5 years, Houses in Upper Mount Gravatt have seen a 95.84% increase in median value, while Units have seen a 81.85% increase. As at 31 December 2025:
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