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Lot 64 – Riverleigh Estate – Logan Reserve

  • $798,070
SMSF Friendly
Logan Reserve, City of Logan, QLD, 4133
SMSF Friendly
Logan Reserve, City of Logan, QLD, 4133
  • $798,070

Overview

Property ID: LA-670224
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Parking
  • 150.10
  • m²

Details

Updated on September 20, 2024 at 3:38 am
  • Property Type: House and Land
  • Price: $798,070
  • Land Price: $450,000
  • Build Price: $348,070
  • Gross Per Week: $590
  • Gross Per Annum: $30,680
  • Gross Yield: 3.84%
  • SMSF Deposit: $279,325
  • Capital Growth 12 Months: 9.01%
  • Capital Growth 10 Year Annualised: 5.92%
  • Vacancy Rate: 1.78%
  • Property Size: 150.10 m²
  • Land Area: 494 m²
  • Bedrooms: 4
  • Bathrooms: 2
  • Parking: 2
  • Title Status: April 2025
  • Floor Plan: Erskine A Opt 2
  • Investor Type: -
  • Property ID: LA-670224
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

This 7.49 hectare site is ideally located in the prime growth corridor of Logan Reserve. The site sits in the heart of a strong residential development precinct with completed projects immediately adjacent on two boundaries.

Only ~30 minutes (~34km) south of the Brisbane CBD, this multi stage project will be developed into 109 residential lots to service the significant demand in the area for new residential land. The site is just minutes from existing and planned infrastructure including an expanded Coles and newly established Woolworths at the Park Ridge Town Centre in addition to established retail and educational infrastructure in nearby Waterford, Marsden and Loganlea.

Logan Reserve is located within the Logan City Council boundaries and has established itself as a major economic and residential growth corridor:

  • Home to ~25,000 operating businesses
  • Key location within Logan City Plan
  • Logan City 25 year plan includes delivery of 70,000 new dwellings & 50,000 new jobs
  • $450.3m of major infrastructure projects under construction, planned or completed
  • $200m Logan Central Master Plan
  • 127 hectare Yatala Enterprise Area (YEA) industrial hub projected to inject $1 billion into local economy
     

Address

Open on Google Maps
  • Address City of Logan, Logan Reserve, QLD, 4133
  • City City of Logan
  • State QLD
  • Postcode 4133
  • Suburb Logan Reserve

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Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

 

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

SMSF Friendly

This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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