Lot 11/431-445 Park Ridge Road, Park Ridge QLD
Logan City, 4125$ 1,012,910
Overview
Property ID: LA-10628
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 224
Details
Updated on Feb 06, 2025 at 10:54 am
Property Type: | Dual Occupancy |
---|---|
Price: | $ 1,012,910 |
Land Price: | $ 485,000 |
Build Price: | $ 527,910 |
Gross Per Week: | $ 1,000 |
Gross Per Annum: | $ 52,000 |
Gross Yield: | 5.13% |
Capital Growth 12 Months: | 12.86% |
Capital Growth 10 Year Annualised: | 4.27% |
Vacancy Rate: | 1.92% |
Property Size: | 224 m2 |
Land Area: | 500 m2 |
---|---|
Bedrooms: | 3+2 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | February 2025 |
Property ID: | 10628 |
SKU: | 1046 |
Description
This dual-occupancy property at Park Ridge offers a high-yield investment opportunity. Featuring a spacious main dwelling with three bedrooms, two bathrooms, and an open-plan living area, alongside an auxiliary unit with two bedrooms and one bathroom, this property is ideal for dual-income rental potential. With modern inclusions, a high standard of finishes, and a well-planned design, it presents a strong investment opportunity in one of Queensland’s growing regions.
Suburb Profile:
Park Ridge, located within Logan City, is a rapidly expanding suburb with significant infrastructure development. Offering easy access to Brisbane CBD and the Gold Coast, it is an attractive option for families and investors. The suburb features multiple shopping centers, quality schools, and extensive green spaces, making it a desirable location for residents seeking a balance between city convenience and suburban lifestyle.
Site Inclusions - Site Works, Foundations & Connections:
- Sewerage and stormwater connection to suit 6m setback
- Energy efficiency compliance with local authority regulations
- Termite treatment in accordance with Australian standards
Preliminary Inclusions:
- HIA QC1 Contract
- Full working drawings
- Soil test and slab design
- Local council approval and final building certification
Internal Inclusions:
- Engineered stone benchtops to kitchen and bathrooms
- Soft-close cupboards and drawers
- Subway tile splashback in the kitchen
- Ceiling fans in living areas and bedrooms
- LED downlights throughout
- Reverse-cycle split system air conditioning
- Roller blinds to windows and sliding doors
- Frameless mirrors above vanities
- Ceramic vanity basin
- Lever mixer tapware with shower rose and handheld shower combination
External Inclusions:
- Colorbond roofing, fascia, and gutters
- Exposed aggregate driveway and porch
- Covercrete finish to the rear alfresco
- Letterbox and single fold-down clothesline
- Fencing as per the developer’s requirements
- Two external taps
Landscaping Inclusions:
- Landscaping package to suit covenant requirements
- Turf to rear and front boundaries
Electrical Inclusions:
- Reverse cycle split system air conditioning to the main bedroom and living/dining
- TV antenna with two outlets
- Ceiling fans as per electrical plan, including alfresco
- Electric hot water system
- Smoke detectors
Appliance Inclusions:
- 600mm electric under-bench oven
- 600mm electric cooktop
- 600mm electric rangehood
- 600mm dishwasher
Upgraded Inclusions:
- Pendant lighting over kitchen island bench
- Water tap to fridge space
- Barrier safety screens to all windows and sliding doors
Energy Efficiency:
- Ceiling insulation to comply with Energy Efficiency Report
This dual occupancy investment property in Park Ridge offers a prime opportunity for investors, featuring modern inclusions, a growing suburb, and a high rental demand. With a fixed-price contract and turnkey completion, it is an excellent choice for those seeking strong returns and long-term growth potential.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.