Nestled on a generous 809-square-meter block in Loganlea's Red Zone, this two-story brick home offers exceptional value and potential. Located in the residential medium frame precinct, this property is ideal for those seeking a dual income, multi-generation living, or a promising investment. Upstairs: • Three (3) spacious bedrooms all with robes • The open-plan living area, complete with air conditioning, provides a versatile space for entertaining guests or simply unwinding. • The modern kitchen features ample cupboard space, making meal prep a breeze. • The combined shower and bath in the bathroom offer a luxurious escape • The sunroom and entertainment deck provide the perfect spots to soak up the sun and enjoy the backyard views Downstairs: • Two (2) generously sized bedrooms offer a peaceful retreat for relaxation • Open plan living area • Neat & Tidy bathroom • Kitchen with lots of bench space • Separate laundry area This property presents an exceptional investment opportunity with its current rental income. The upstairs is already tenanted at $430 per week with a reliable tenant, while the downstairs is currently available for rent at the same rate. This combined projected income of $860 per week offers a solid return on investment, making it an attractive option for both first-time and experienced investors. Within walking distance, you'll find Logan Hospital, Loganlea Train Station, Loganlea State High School, and Meadowbrook Shopping Centre. Additionally, the property is just minutes from the Gold Coast and Brisbane-Ipswich Motorways, providing easy access to major cities and attractions. As part of Loganlea's Red Zone development area, this property offers exciting opportunities for future growth and capital appreciation. Explore the potential for renovations, extensions, or even redevelopment subject to council regulations. Loganlea is renowned as one of Logan's most sought-after investment suburbs, offering a strong rental market and potential for future growth.
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