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9C Spruce Street,
Loganlea 4131, Queensland

5 bedrooms
3 bathrooms
2 car spaces
350m² land size
Duplex/Semi-detached

$817,000


Property details

Great Investment Opportunity! high yield - Duplex with Modern Living and Versatile Layout

Explore this remarkable investment opportunity on an elevated 350m² block. This low-maintenance property boasts two private, self-contained units, ideal for extended family living or as a high-yield investment with a potential return over 5.5%!
This exclusive listing is available to both investors and owner-occupiers. Investors can enjoy strong rental returns, while owner-occupiers can choose to live in one unit and rent the other or use the second unit as a retreat for teens or a private suite for elderly family members.

Property Highlights:
Unit 1: This unit is currently leased for $470 per week until July 2025.
Unit 2: This unit generates $420 per week, leased until August 2025.

Together, these units provide 5 bedrooms, 3 bathrooms, and 2 lock-up garages with additional driveway parking, yielding a combined rental income of $890 per week-an exceptional opportunity for a positively geared investment.
This property showcases modern finishes, sturdy brick construction for added insulation and soundproofing, and a prime location near local amenities, midway between Brisbane and the Gold Coast.

Unit 1 Features:
? Ceiling fans and LED lighting throughout
? Automatic lock-up garage with internal laundry, accommodating a large SUV
? Master bedroom with ensuite and walk-in robe
? Air-conditioned open-plan living and dining
? Modern kitchen with Caesarstone benchtops and near-new appliances, including a dishwasher
? Low-maintenance gardens and lawn

Unit 2 Features:
? Private side entry
? Air-conditioned open-plan living area
? Kitchen with Caesarstone benchtops, dishwasher, electric oven, and ample storage
? Bedrooms with built-in wardrobes and ceiling fans
? Spacious shared bathroom with a large shower

Location:
? Minutes from Waterford West State School and Logan State School
? Proximity to Marsden Shopping Centre and Logan Motorway for easy access to Brisbane and the Gold Coast

Explore the area


School catchments

  • Waterford West State School Primary Prep-6 Government 1.2km
  • Marsden State School Primary Prep-6 Government 2.2km
  • Waterford State School Primary Prep-6 Government 2.6km
  • Groves Christian College Combined Prep-12 Independent 2.7km
  • Kingston State School Primary Prep-6 Government 2.8km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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