Lot 42 Moorabool Street, The Nursery, Park Ridge QLD

Description

This beautifully planned dual occupancy property in Park Ridge delivers two self-contained dwellings on a single 486 sqm lot, designed to maximise flexibility and rental appeal. The combined plan offers approx. 219 sqm of carefully considered living with separate entries and private indoor–outdoor zones. Expected rental demand is strong, with an appraisal in the range of $1,180 to $1,220 per week, supported by a modern specification and practical inclusions across both residences.

Suburb profile:

Park Ridge sits in a fast-growing corridor with easy access to Brisbane and the Gold Coast via major arterials and public transport. The area blends suburban calm with urban convenience, placing residents minutes from supermarkets, cafes, health services and everyday amenities. Multiple parks, trails and recreation hubs encourage an active lifestyle, while nearby education options span early learning through to TAFE and university. Ongoing infrastructure and employment growth continue to underpin long-term liveability and investment fundamentals.

Inclusions:

• Engineer-designed frames and roof trusses, N2–N3 wind rating, 2440 high walls
• Comprehensive site costs allowed, physical termite barrier, wall wrap to external walls
• Aluminium sliding windows and doors with flyscreens and keyed-alike locks
• Built-in robes to bedrooms, linen storage, Redicote internal doors, feature entry door with glazing
• Tiled living zones with quality carpet to balance, roller blinds to windows excluding wet areas

Site Inclusions - Site Works, Foundations & Connections:

• Sewer and water connections to council services
• Underground electrical mains and meter box installed
• Driveway and path in decorative concrete to covenant requirements

Preliminary Inclusions:

• Soil test, engineering and full working drawings
• Certification, covenant and council application fees
• Construction, public liability and home warranty insurances

Internal Inclusions:

• Three-coat internal paint system, skirtings 68x12 and architraves 42x12
• 10 mm plasterboard to walls and ceilings, 6 mm Villaboard to wet areas
• Built-in robes with shelf and rail to all bedrooms

External Inclusions:

• Lightweight cladding or render finish as per plans, Colorbond or concrete roof tiles
• Fascia, gutter and painted PVC downpipes
• Panel-lift garage door with remote
• Two external lights and two garden taps

Landscaping Inclusions:

• Turfed and landscaped gardens to front and rear with garden edging
• Tiled alfresco, fold-down clothesline on concrete pad and path
• Estate-approved letterbox and fencing with side gate to covenant requirements

Electrical Inclusions:

• Ceiling fans to bedrooms and alfresco where required for efficiency
• Reverse-cycle split systems to master bedroom and living
• TV antenna with outlets to living, media where applicable and master bedroom
• Ample power points including double USB GPOs to kitchen
• Interconnected photoelectric smoke alarms to current code
• Energy-saving downlights to living, kitchen and halls; two garage downlights

Appliance Inclusions:

• Stainless steel oven, 4-zone cooktop and rangehood
• Stainless steel dishwasher
• Kitchen sink with chrome mixer, pantry and tiled splashback, water point for fridge

Upgraded Inclusions:

• 900 mm electric cooktop and oven to main dwelling
• 900 mm rangehood to main dwelling
• Double GPO with USB charger in kitchen

Energy Efficiency:

• Six-star energy rating with insulation as required
• Energy-efficient hot water system

Warranties:

• Six-year six-month structural warranty
• Twelve-month maintenance warranty

This modern dual occupancy property is configured for two income streams on one title, pairing broad tenant appeal with strong rental credentials in a high-growth corridor — a compelling addition to an income-focused portfolio.

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.