1039 Logan Road, Holland Park West

UNIQUE VERSATILE DESIGN AND POTENTIAL BIG INCOME!

7KM TO CITY - TWO PROPERTIES SIDE-BY-SIDE - 1022SQM. BUY ONE OR BOTH.
Set on a level 564sqm block in a blue-chip suburb, the modern design of this large two-level house has been planned with low maintenance living in mind and boasts a myriad of options for residential and home business use with the potential to be re-zoned subject to council approval, developed, knocked down, home business, Airbnb or student accommodation. The opportunities are endless.

The lower level boasts a spacious living and dining area and kitchen offering a full complement of appliances including European appliances, natural gas stove, marble benchtop, filtered hot and cold ziptap and double stainless-steel sink.

The lower level is also home to the master suite, main bathroom and laundry. The carpeted master bedroom offers a large built-in robe with mirrored doors and connects seamlessly to the luxurious tiled ensuite. The ensuite boasts a spa bath and a shower equipped with a support bar, waterfall and hose showerhead and marble benchtop vanity.

In addition, the downstairs space offers the flexibility of two additional bedrooms/offices, both of which access the front of the property. The laundry is tiled floor to ceiling with plentiful storage.

The upstairs of the property is a unique arrangement, making this the perfect investment property or dual-living residence. Boasting 5 studio style bedrooms*, each featuring a kitchenette, built-ins with mirrored doors, separate meter box, and ensuite equipped with shower, toilet, single basin vanity, and taps and pipes for laundry.
Top level occupants can access a massive entertainment area downstairs with kitchen and large storage room and access to an external laundry, covered patio and courtyard garden.

Additional features include:
● Approx rental income from studios ~$1200/week
● Rental yields approx 6% annually
● Approx rental income whole building ~$1700/week
● Rental yields approx 8% annually
● Split-system air conditioners throughout
● 16 Solar panels
● Solar hot water system
● 5000L water tank plumbed into the toilets
● Soundproof laminated glass windows
● 3M high ceilings downstairs
● Crimsafe on all windows and doors on lower level
Central location with bus stop at the door, 6-minute drive from Griffith University Nathan Campus and in-catchment for Marshall Road SS and Cavendish Road SHS.

*Subject to the rooming accommodation code