Lot 13/431-445 Park Ridge Road, Park Ridge QLD

Logan City, 4125

$ 1,016,110

Logan City, 4125
Lot 13/431-445 Park Ridge Road, Park Ridge QLD-0
Lot 13/431-445 Park Ridge Road, Park Ridge QLD-1
Lot 13/431-445 Park Ridge Road, Park Ridge QLD-2
Lot 13/431-445 Park Ridge Road, Park Ridge QLD-3
Lot 13/431-445 Park Ridge Road, Park Ridge QLD-4

Property Images

Lot 13/431-445 Park Ridge Road, Park Ridge QLD-0 Lot 13/431-445 Park Ridge Road, Park Ridge QLD-1 Lot 13/431-445 Park Ridge Road, Park Ridge QLD-2 Lot 13/431-445 Park Ridge Road, Park Ridge QLD-3 Lot 13/431-445 Park Ridge Road, Park Ridge QLD-4

Overview

Property ID: LA-10653

  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 224

Details

Updated on Feb 06, 2025 at 10:52 am

Property Type: Dual Occupancy
Price: $ 1,016,110
Land Price: $ 485,000
Build Price: $ 531,110
Gross Per Week: $ 1,000
Gross Per Annum: $ 52,000
Gross Yield: 5.12%
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: 10653
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.

Documents

Lot 13 Rental Appraisal_17387994973iGuT.pdf

Rental Appraisal

view?usp=drive_link

Rental Guarantee

Address Lot 13/431-445 Park Ridge Road, Park Ridge QLD
City Logan City
State N/A
Postcode 4125
Suburb N/A

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

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.

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