12 Pelham Street, Logan Reserve QLD 4133

Dual occupancy configuration | Flood overlay present | 5G connectivity | Strong rental income The property’s primary competitive strength is its dual-occupancy structure, delivering two separate income streams from a single site. This configuration is rare in the Logan Reserve market and gives a buyer immediate cash flow with tenants already in place at $960 per week combined. The main house offers five bedrooms, while the two units provide flexibility for multigenerational living or investor separation. The property sits within established school catchments and benefits from 5G coverage, supporting long-term tenant demand. This suits an investor seeking yield over capital growth, or a buyer wanting to offset mortgage costs with rental income from the units. The flood overlay is the key risk, potentially increasing insurance premiums and narrowing the buyer pool on resale. This cost must be factored into the holding budget and exit strategy. The 2016 listing history and off-market periods suggest the property may have taken time to sell previously, possibly due to the flood factor. However, the current tenanted income provides a buffer against vacancy risk. The duplex setup also offers future subdivision potential if council permits change. Hold for steady rental return and consider long-term capital gains from the area’s growth corridor, but avoid overpaying given the flood overlay constraint.