1/26 North Road, Woodridge QLD 4114

A stable tenancy, modest body corporate, and small complex | Low-maintenance brick townhouse with functional two-level layout | Entry-level price point in an affordability-driven Logan suburb | Suits a passive investor seeking low vacancy risk. This property offers a rare combination of a long-term tenant with 18 years of occupancy and a small complex of six lots, which together reduce vacancy risk and management demands. The brick construction and compact layout with a study nook and balcony provide practical liveability for a tenant profile seeking low-maintenance housing. Its positioning in Woodridge, a suburb with consistent rental demand from cost-sensitive households, supports a passive investment case where capital growth is not the primary driver. The main constraint is the current rent of $370 per week, which sits below the estimated market range and cannot be increased until mid-2026. The asking price, when weighed against this income and the property’s ongoing costs, leaves the price-to-rent relationship unclear. Whether the rent can be lifted to market levels without tenant turnover, and whether the body corporate records reveal any upcoming special levies, remains unresolved.