16/5-7 Logan Reserve Road Waterford West QLD 4133

3-bed townhouse in Waterford West | 137m² internal, 84m² strata | dual parking, master en-suite | 5G, no flood or bushfire risk This townhouse presents a rare configuration advantage in a market dominated by smaller units. The 137m² internal area, combined with a private courtyard and two dedicated parking spaces, positions it well above typical strata offerings in this price band. For a buyer seeking a low-maintenance, family-suitable home near major infrastructure—Logan Hospital and Griffith University are within reach—the property offers a strong owner-occupier appeal. The open-plan layout, stainless steel kitchen, and upstairs master with en-suite and walk-in robe deliver a modern, liveable floorplan that competes favourably against older stock in the area. The primary risk lies in the strata context: a 1980-built house sits on the same 3,962m² site, and the townhouse’s 84m² lot share may carry future body corporate liabilities or redevelopment uncertainty. The property’s estimated value range—$700k to $1.1m—shows significant dispersion, suggesting pricing sensitivity. However, the 75% owner-occupancy rate in the complex signals stable tenure. For a buyer, this property works best as a hold-and-occupy purchase, leveraging its size and parking edge over comparable units, while remaining alert to strata meeting minutes and sinking fund health.