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  • Profile photo of Luke ShephardLuke Shephard
    Participant
    @lukeshephard
    Join Date: 2015
    Post Count: 2
    September 23, 2015 - 5:48 am

    Hi Matthrtney,

    Great area to invest in my opinion. Logan has a great public transport network, there are plenty of schools and sporting facilities, plenty of job opportunities as it is a hub for many industrial and warehousing businesses. There is plenty of shopping centres and retail also. The rental market in Logan is very competitive and vacancy rates are very low driving up rental returns. I am getting lots of enquiries regarding building granny flats on existing investment properties to further increase returns. I have just completed 2 granny flats and have another 2 just about to start.

    Luke Shephard | BelCo Constructions
    http://www.belcoconstructions.com.au/
    Email Me | Phone Me

    Profile photo of Luke ShephardLuke Shephard
    Participant
    @lukeshephard
    Join Date: 2015
    Post Count: 2
    September 8, 2015 - 9:03 pm

    I have just recently finished constructing 2 new granny flats or “auxiliary units” in the Logan area that can be rented out to separate tenants from the main residence. In a nut shell the properties cost about 260k to purchase and the new flat about 100k. The rental returns are now between $550 and $650 per week. Both the properties have separate electricity meters and waste bins. Recent changes to the town planning scheme are quite generous. If you would like to know more contact me.

    Luke Shephard | BelCo Constructions
    http://www.belcoconstructions.com.au/
    Email Me | Phone Me

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