Lot 18/431-445 Park Ridge Road, Park Ridge QLD

Description

This is a co-living house and land package known as The Kylie located in Park Ridge. It features a 178.58m² home built on a 490m² lot. The property includes 3 bedrooms each with its own ensuite ideal for a shared living arrangement. The package includes a range of modern amenities and is designed for high rental yield and efficient management.

Suburb profile:

Park Ridge is a growing suburb in Logan City Queensland. It offers a mix of rural charm and urban convenience with increasing infrastructure developments and residential estates. The area is popular among families and investors due to its affordability planned transport upgrades and proximity to schools shops and recreational areas.

Site Inclusions

• Sewerage and storm water connection to suit 6m setback
• Electrical mains connection single phase
• Connection of services

Preliminary Inclusions

• Full working drawings
• Soil test and slab design
• Local council approval and certification
• HIA QC1 Contract

Internal Inclusions

• Ceiling fans in all bedrooms and living areas
• LED downlights throughout
• Reverse cycle split system air conditioners
• Roller blinds to windows and sliding doors
• Engineered stone benchtops
• Soft close drawers and cupboards
• Built-in wardrobes
• Carpet in bedrooms
• Tiles to wet areas and living spaces
• Frameless mirrors above vanities
• Laminated cupboard doors
• White acrylic bathtub
• Polished chrome framed shower screens
• Dual flush soft-close toilets
• Barrier safety screens to all windows and sliding doors

External Inclusions

• Colorbond roof
• Letterbox
• Clothesline
• Exposed aggregate driveway and porch
• Covercrete to rear alfresco
• Landscaping to covenant standards
• Turf to front and rear
• Fencing with single gate access
• External taps
• Brickwork or cladding as per plan

Landscaping Inclusions

• Full landscaping package
• Turf to front and rear boundaries
• Fencing as required

Electrical Inclusions

• Electric hot water system
• Smoke detectors
• TV antenna with two outlets
• LED downlights throughout
• Ceiling fans including alfresco
• Reverse cycle split system air conditioners
• NBN ready with conduit
• Multiple power points and light switches

Appliance Inclusions

• 600mm electric under bench oven
• 600mm electric cooktop
• 600mm rangehood
• 600mm dishwasher
• Water tap to fridge space

Upgraded Inclusions

• 6.5kw SolarPack Lite with 16 panels
• Furniture package
• Gooseneck tap to kitchen
• Pendant lights over island bench

Energy Efficiency

• Complies with QDC MP4.1 and NCC Vol 2 H6P1 and H6P2
• Heat pump hot water system
• Outdoor living area with ceiling fan and minimum 12m² covered area
• Ceiling insulation to energy efficiency report requirements

This co-living property in Park Ridge is designed for shared tenancy with premium modern features and energy-efficient systems offering investors high rental returns and tenants a comfortable well-appointed living environment.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing