786 Kingston Road, Loganlea QLD 4131

Offers Over $780,000

5 beds

3 baths

2 parking

Stylish Duplex Built in 2019. High Weekly Return of $950-970 and Huge Capital Growth Potential

This impressive duplex, featuring 5 bedrooms and 3 bathrooms, is an ideal choice for individuals looking for a residence with dual-income potential. With numerous possibilities, you have the option to reside in one unit while leasing the other or benefit from rental income and depreciation by renting out both sides. With just 5 years of age, this property is in excellent condition and serves as an ideal addition to any investor's portfolio

Step into the initial unit to discover three bedrooms adorned with built-in robes. The ensuite bathroom boasts a shower cubicle, toilet, and vanity. The main bathroom offers a separate bathtub and shower cubicle. The open-plan living effortlessly connects to the family/dining area, and the kitchen is well-appointed with electrical appliances, including a dishwasher. In the second unit, you'll encounter two generously sized bedrooms featuring built-in robes, alongside an open-plan lounge and dining area. The kitchen in this unit is also equipped with electrical appliances, a dishwasher, and a pantry. A two-way bathroom completes the ensemble, featuring a shower cubicle and toilet.

Both units showcase contemporary amenities, including convenient internal laundry facilities designed for efficient household tasks. Enter the welcoming undercover alfresco spaces, creating an ideal environment for outdoor relaxation and entertaining. Elevate your safety and peace of mind with security screens installed throughout both residences. The first unit is equipped with a single lock-up garage, second unit with single carport, ensuring secure parking and additional storage capacity. Beyond the interiors, indulge in the luxury of a private courtyard, offering a secluded and enchanting outdoor area for personal enjoyment. These carefully selected features seamlessly combine to provide both units with a balanced mix of comfort, convenience, and security.

Features: Unit 1
• 3 Spacious Bedrooms, Main with Walk-In Robe & Ensuite
• Open-plan lounge and dining
• Kitchen with electrical appliances and dishwasher
• Main bathroom with separate bathtub and shower cubicle
• Ensuite bathroom offers a shower cubicle, w/c & vanity
• Internal laundry
• Undercover alfresco area
• Security screens throughout
• Single lock-up garage
• Own private yard

Features: Unit 2
• 2 Spacious Bedrooms, Both with Built-In Robes
• Open-plan lounge and dining
• Kitchen with electrical appliances and dishwasher
• Two-way bathroom with shower cubicle
• Internal laundry
• Undercover alfresco area
• Security screens throughout
• Single carport
• Own private courtyard

1/786 is currently tenanted at $490 per week, lease ending 17/04/2024
2/786 is currently tenanted at $350 per week, lease ending 15/04/2024
Current rental appraisal for 1/786 Kingston Rd - $520 - $530 per week
Current rental appraisal for 2/786 Kingston Rd - $420 - $440 per week

Location:
• Walking Distance Lancaster Park
• 6 Mins Loganlea Train Station
• 8 Mins Logan Hospital
• 4 MIns Waterford West Education and Care Centre
• 5 Mins Waterford West State School
• 5 Mins Marsden State High School Sports Centre
• 30 Mins Brisbane City
• 45 Mins Gold Coast

Property Details

• Type: DuplexSemi-detached
• Bedrooms: 5
• Bathrooms: 3
• Garage Spaces: 1
• Carport Spaces: 1
• Land Area: 349 m² (approx)