Sold
15 Bimbadeen Drive,
Loganholme 4129, Queensland
$900,000
Property details
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Agents
5 Years New Cash Cow! 2x Separate Private Units for Extended Family or Positive Gearing Investment (Potential Yield over 5.5%!)
Known on the financial market as a 'cash cow', it offers substantial returns. Unit 1 has 3x bedrooms, 2x bathrooms, and 1x lock-up garage and in terms of potential income, is currently being rented for $530 per week till 17 Jan 2025. Unit 2 has 2x bedrooms, 1x bathroom, and 1x lock-up garage, and is currently being rented for $440/week till 25 Jul 2025. That's a total of 5x bedrooms, 3x bathrooms, and 2x separate lock-up garages, plus additional driveway parking for both tenants. And a total income return of $970per week! For investors, it's also potentially a positive gearing investment.
5-years-new, it has modern fixtures and fittings, a brick construction that offers insulation and sound proofing, and it's surrounded by shops, schools, and parklands. It's also conveniently located mid-way between Brisbane and the Gold Coast.
Unit 1 features ceiling fans and LED lights throughout, and the automatic lock-up garage has an internal laundry and is big enough to easily house a large SUV. Three bedrooms all have built-ins, including a master that also has an ensuite and a walk-in robe. An air-conditioned open plan living and dining area is adjacent to the kitchen which features a pantry, Caeserstone bench tops, and near-new appliances including a dishwasher, ceramic cook top and electric oven. All three of these spaces seamlessly connect ensuring memorable meals and cosy TV-watching, and a separate toilet and a modern bathroom complete the interiors. Outside is an outdoor area for year-round entertaining, retaining walls that support lush, easy-care gardens, and a grassy lawn that offers lots of playtime for little ones (and their furry friend).
Unit 2 also features a lock-up garage, and private entry to the unit is from the side of the property. It boasts an air-conditioned open plan living area, a study nook (which could be converted to a casual dining area), and a kitchen with Caeserstone bench tops, a dishwasher, an electric oven, a ceramic cooktop and lots of cabinetry for handy storage. Both bedrooms have built-ins and ceiling fans, and one also has air conditioning. The shared bathroom is amply-sized with a toilet and a huge shower.
Location-wise, it is minutes from Loganholme State School, and close to the Hyperdome and the Logan Motorway offering easy access to Brisbane and the Gold Coast. It is also minutes from the Logan River Parklands for weekend picnics, fishing and kayaking.
PROPERTY FEATURES:
+ 450m2 elevated block
+ Brick home close to shops, schools and the M1
+ Mid-way between Brisbane and the Gold Coast
+ Two separate units offering amazing living and/or rental opportunities
+ Potential combined income of over $970per week
+ 5 years new
+ Unit 1: 3x bedrooms, 2x bathrooms, 1x lock-up garage, open plan living/dining, kitchen and outdoor entertaining area
+ Unit 2: 2x bedrooms, 1x bathroom, 1x lock-up garage, open plan living room, kitchen and study nook
The sellers are definitely selling, so make an offer ASAP!
Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Ray White Springwood & Shailer Park by third parties. We have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and you should make your own enquiries and seek advice in respect of this property or any property on this website.
Explore the area
School catchments
- Loganholme State School Primary Prep-6 Government 0.91km
- St Matthew's School Primary Prep-6 Catholic 1.4km
- Shailer Park State High School Secondary 7-12 Government 1.8km
- Shailer Park State School Primary Prep-6 Government 2.1km
- Chisholm Catholic College Secondary 7-12 Catholic 2.6km
- Bethania Lutheran Primary School Primary Prep-6 Independent 2.9km
- The BUSY School - Shailer Park Campus Secondary Independent 3.0km
- Edens Landing State School Primary Prep-6 Government 3.2km
- Ohana College Secondary 7-12 Independent 3.3km
- Kimberley Park State School Primary Prep-6 Government 3.5km
- Eagleby Learning Centre - Centre for Continuing Secondary Education Secondary Government 3.6km
- Eagleby State School Primary Prep-6 Government 3.6km
- Loganlea State High School Secondary 7-12 Government 3.9km
- Trinity College Secondary 7-12 Catholic 4.0km
- Waterford State School Primary Prep-6 Government 4.1km
- St Joseph's Tobruk Memorial School Primary Prep-6 Catholic 4.2km
- Eagleby South State School Primary Prep-6 Government 4.3km
- Beenleigh State High School Secondary 7-12 Government 4.7km
- Canterbury College Combined Prep-12 Independent 4.7km
- Beenleigh State School Primary Prep-6 Government 4.8km
- Daisy Hill State School Primary Prep-6 Government 4.8km
- Waterford West State School Primary Prep-6 Government 5.0km
- Carbrook State School Primary Prep-6 Government 5.3km
- Kimberley College Combined Prep-12 Independent 5.3km
- Kimberley College - Carbrook Campus Combined Independent 5.5km
- Calvary Christian College - Carbrook Campus Combined Independent 5.7km
- John Paul College Combined Prep-12 Independent 5.9km
- Carbrook Animal Assisted Learning Centre Secondary 7-12 Independent 6.0km
- Faith Christian School of Distance Education - Daisy Hill Campus Combined Prep-12 Independent 6.6km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Johnson Teo
Contact Johnson Teo
Johnson Teo
15 Bimbadeen Drive, Loganholme QLD 4129
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Johnson Teo
15 Bimbadeen Drive, Loganholme QLD 4129