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50/1848 Logan Road, Upper Mount Gravatt.

Under Contract


This student accommodation apartment offers 3 bedrooms, each with their own ensuite plus wardrobe, spacious open-plan lounge and dining living area with air conditioning and a large entertaining balcony. A quality kitchen is equipped with stainless steel appliances including dishwasher and offers plenty of cupboard and bench space. This tiled area opens into the air-conditioned lounge and dining room with a large private balcony for outdoor enjoyment. 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 in-ground swimming pool and sun lounge 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 the Gateway Features include: - 3 separate student tenancies - Pool onsite and games room - 2.1km to Griffith Uni Nathan Campus - Gross rental income: $39000 per annum - 3 beds, each with ensuite Income: • 50A - $260pw • 50B - $270pw • 50C - $250pw • Total - $39,000pa (based on occupancy for 50 weeks per year). Outgoings: • Body Corp - $5,650pa • Council Rates - $1,800pa • Urban Utilities (Water) - $1,400pa • Services (Internet & Electricity) - $3,795pa ( based on 50 weeks occupied) 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.

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