15 Meadow Street, Loganlea QLD 4131

4 bed, 2 bath house | 434m² lot, 152m² building | long-term tenant at $690/week | flood overlay detected The property’s competitive strength lies in its dual-income configuration: a 4-bedroom house on a manageable lot with a tenant already paying above-median rent at $690 per week. This makes it immediately cash-flow positive for an investor, while the internal access garage and two-level layout suit a family buyer seeking flexibility. The 35% building coverage leaves usable outdoor space, and the location near the M1 and Logan Hospital adds practical appeal for owner-occupiers or tenants. It serves best a buyer wanting a low-effort entry into the Loganlea market with existing rental income. The flood overlay is the primary risk, potentially affecting insurance costs and resale liquidity; buyers should obtain a flood certificate and factor in higher premiums. The 2005 last sale price is unknown, but the current estimate of $906,000 suggests limited upside unless the market strengthens. Opportunity lies in retaining the tenant for stable yield or repositioning the property for a family buyer who values the school catchment and park proximity. Hold for rental income, or sell once the flood overlay is clarified and market conditions improve.