62 Cormie Street, Logan Central QLD 4114

3-bed house on 607m² | dual living area & extra space | no overlays | 3.4% gross yield This property presents a competitively strong offering for an owner-occupier seeking space or an investor targeting stable, entry-level rental demand. Its 607-square-metre lot with a 201-square-metre building footprint provides rare sub-division potential or dual-living flexibility within Logan Central, a practical advantage over standard lots. The absence of bushfire or flood overlays removes significant due diligence risk and insurance complexity. Features like ducted cooling, solar panels, and multiple car spaces align it with modern tenant and buyer expectations for cost-efficient living, serving a buyer who prioritises utility over prestige. Proceed with the understanding that its value is anchored to broader suburb performance, lacking unique locational advantages. The estimated 3.4% gross yield is modest; positive cash flow would require a purchase price below current estimates. The primary schools in catchment are not academic drawcards, capping premium resale appeal. This house is a hold for the medium term, best utilised as a rental while leveraging its land size, with a future exit tied to infrastructure improvements in the Logan region.