Double the Living, Double the Income: 48 Spruce Street, Loganlea Awaits!

For Sale: Dual Occupancy Investment in Prime Loganlea Location – 48 Spruce Street

Discover an exceptional investment opportunity with this dual occupancy property at 48 Spruce Street, Loganlea. Perfectly positioned in the heart of Loganlea, this property offers the best of convenience and modern living, making it an ideal choice for savvy investors.

Property Features:
– Dual Occupancy: This property is split into two fully tenanted units, providing immediate rental income.

– Unit 1:
– ️ 3 Bedrooms, 2 Bathrooms
– Currently rented at $490 per week until 02/04/2025
– ❄️ Air-conditioned Living/Dining area
– ️ Ceiling fans and wardrobes in all bedrooms
– Alfresco area with an attached backyard

– Unit 2:
– ️ 2 Bedrooms, 1 Bathroom
– Currently rented at $390 per week from 7/09/2024 – 08/03/2025, then $440 per week until 07/09/2025
– ❄️ Air-conditioned Living/Dining area
– ️ Ceiling fans and wardrobes in all bedrooms

Rates:
Approximately $1622 per Quarter. Inclusive of both Council Water Sub-Meters.

Location Highlights:
– Transport: Just a 4-minute drive to Loganlea Train Station, an express stop for quick access to Brisbane CBD.
– Health: Only 4 minutes to Logan Hospital, providing peace of mind for healthcare needs.
– Commuting: 9 minutes to the Pacific Motorway M1, offering easy routes north to Brisbane CBD (25-30 minutes) and south to Surfers Paradise (40 minutes to an hour).
– Education: Surrounded by top schools, including Loganlea State High School, Marsden State High School, Waterford and Waterford West Primary Schools, Canterbury College, and Griffith University Logan Campus, all within a 7-minute drive.
– Shopping: Conveniently close to IGA Loganlea (2 minutes), Woolworths Meadowbrook Shopping Centre (4 minutes), and Logan Hyperdome (12-15 minutes).

Investment Potential:
This property is a standout opportunity for investors seeking dual income streams in a sought-after location. With both units tenanted and positioned near key amenities, this property is a smart investment with potential for strong returns.