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4a & 4b/20 Pinelands Street, Loganlea QLD 4131

house For Sale $ 799,000
Specification

Surface Area 491 M2
Building Area 491 M2
Bedroom 5
Bathroom 3

DUAL INCOME INVESTMENT OPPORTUNITY @$850 PW
Built in 2017 this appealing property offers the opportunity to reap instant returns, with both dwellings currently leased allowing you to build your portfolio quickly. This is a must see property for anyone looking to invest located in a sought after area .
Rental income is currently $850 per week for both properties, with the possibility of increasing with lease renewal in the future.
These two properties are sold 'as one' and comprise one 3 bedroom unit and one 2 bedroom unit, with:
- Modern fixtures and fittings
- Air conditioning to main living & master to both units
- Ceiling fans to all bedrooms and living areas
- Stainless steel appliances
- Ready made tenants in place so no delay in rental income.
Unit 1 - Currently rented @ $450 per week - lease in place to September 2024.
- Three bedrooms with built-in robes and ceiling fans
- Air-conditioning in living & master bedroom
- Main bedroom with ensuite
- Kitchen including stainless steel appliances
- Open plan living area
- Single lockup garage with remote
- Covered outdoor alfresco area
Unit 2 - Currently rented @ $400 per week - lease in place to September 2024
- Master bedrooms with ensuite
- Kitchen including stainless steel appliances
- Open plan living & dining
- Air-conditioning in living & master bedroom
- Single lock up garage with remote
- Covered outdoor alfresco area
In a quiet street and only a short drive to the train station, Logan hospital, TAFE, Griffith University, Meadowbrook shopping centre and with easy access to both the M1, Logan Motorway and major arterial roads.
Rates & Water - $3,172pa
Body Corp - $1,200pa
This dual income investment represents value don't delay call for an inspection today !

Updated at 2 April 2024 by Karen Moke

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