9/1848 Logan Road, Upper Mount Gravatt$470,000
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9/1848 Logan Road

Upper Mount Gravatt, QLD 4122, Australia
$470,000
3 bed 3 bath 1 car119 m²

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**Student Accommodation Investment only** Investor's Corner: High Yield Approx 8% Plus • Body Corporate Fees Approx $1,650 Per Quarter • Council Rates Approx $550 Per Quarter • Rental Income Approx $850 - $870 Per Week Get to set to embark on the best property investment you'll ever make! This superb buying opportunity is limited to investors only. A spacious, modern 3 bedroom, 3 bathroom apartment in a quality complex positioned just minutes from amenities including major transport links, shopping & retail centers and just 15 minutes to the city centre. Purposely-designed to suit the student accommodation rental market, these neatly-equipped apartments offer private, secure and spacious residential solutions for tertiary students attending local Griffith campuses or city universities and TAFE. This complex has a solid reputation and consistently achieves high occupancy rates giving you guaranteed income. Standard practice is to rent each of the rooms separately generating a strong return per week. The apartment layout offers three equal sized bedrooms with ceiling fan, blinds, carpets, sliding robes and their own top condition ensuite facility. 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. On-site management takes care of the daily upkeep and rental aspects of this successful building and no lifts help keep your body corporate fees to a minimum. Facilities include a fantastic gymnasium, in-ground pool with sun lounges, BBQ & patio area and separate air-conditioned recreational room with pool table for resident's use. Walk to everything! City bus stops, Coles Village, Westfield Garden City, gyms, boutiques, restaurants, cinema, and entertainment facilities. Disclaimer: Due to QLD legislation which prohibits a seller or agent from providing a price guide for auction properties, a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. --

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
1
Land Area
119 m²
Listed
1 month ago

Repayment calculator

$2,279/month
$1,139 /fortnight
Loan $376,000 at 6.10% over 30 years

Upfront costs

Deposit$94,000
Stamp duty$14,875
Conveyancing (est.)$2,000
Total upfront$110,875
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Upper Mount Gravatt

This 3-bedroom apartment in Upper Mount Gravatt, QLD 4122 sits within reach of public transport, local shops and nearby schools. It is listed 66% below the $1.39m median of 74 comparable apartmentswithin 5 km.

Schools near Upper Mount Gravatt

  • St Bernard's Schoolprimary · Prep-6 · CoEd
  • St John of Kronstadt Academyprimary · Prep-4 · CoEd
  • Upper Mount Gravatt State Schoolprimary · Prep-6 · CoEd
  • Clairvaux MacKillop Collegesecondary · 7-12 · CoEd

What's nearby

  • Logan Rd at Dittmer Park, stop 41 (bus)66 m away
  • Ramsay Pharmacy189 m away
  • Mount Gravatt Park257 m away
  • Roly Chapman Bushland Reserve545 m away
  • Shingai Park719 m away

Upper Mount Gravatt at a glance

Full suburb profile
Population
10,800
Median age
33
Household income
$1,657/wk
Median rent
$415/wk
Median mortgage
$1,954/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Upper Mount Gravatt price trend

Median sold · Unit 3 bed

Compound growth +13.7% / yr over 4 yrs

$925kcurrent median

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Price history

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1 price change recorded for this property

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