Lot 21 New Road, Park Ridge QLD

Description

This dual occupancy property in Park Ridge, QLD offers an ideal opportunity for investors seeking strong returns and dual rental income. With 3+2 bedrooms, 2+1 bathrooms, and a 183m² total build on a 357m² block, this high-yield investment is already registered and ready to go. Positioned in a growing corridor of Logan, this dwelling is anticipated to deliver $1,000 per week in combined rent with a 5.53% gross yield.

Suburb profile:

Park Ridge is a thriving suburb in the Logan City region, located approximately 30km south of Brisbane. Known for its master-planned communities, it features modern amenities, parks, and quality schools. The suburb continues to experience rapid development and population growth, making it an attractive location for tenants and families. With access to motorways, public transport, and nearby shopping hubs, Park Ridge remains a key investment hotspot in Southeast Queensland.

Inclusions:

• Three air conditioning units
• Carpet in bedrooms and tiles throughout
• Ceiling fans and LED down-lights throughout
• Window furnishing to sliding windows and doors
• Colorbond insulated roof
• Landscape allowance
• Energy efficient – Low running costs
• Close to infrastructure (schools, shops, public transport etc)

This dual occupancy property delivers dual income potential and an attractive rental yield in one of Logan’s most in-demand growth areas.

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.