FOR SALE
High-Yield Investment Opportunity!

56 Wicker Road
Park Ridge QLD 4125

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 400m2
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Exceptional Investment Opportunity!

This luxury 2022 Built dual key property is an ideal investment, boasting excellent long-term tenants and a promising return on investment. Positioned in a prime location, it offers both current and future growth potential, distinguishing it from standard investment properties.
Property Overview:
Located on a spacious 400 m² block, this dual key property includes two separate units:
Unit 1: 3 bedrooms, 2 bathrooms, 1 car garage
Unit 2: 1 bedrooms, 1 bathroom, 1 car garage/carport.
Unit 1 Features:
Living Area: Spacious open-plan living, dining, and kitchen area opening to a patio.
Kitchen: Modern with stone bench tops and ample storage.
Bedrooms: Three generous bedrooms, including a master bedroom with ensuite and a large wardrobe. All bedrooms are carpeted with built-in wardrobes and ceiling fans.
Climate Control: Air conditioning in the living area and master bedroom.
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Property Details for 56 Wicker Rd, Park Ridge

56 Wicker Rd, Park Ridge is a 4 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 400m2. The place is currently for sale with @realty.

Building Type
DuplexSemi-detached
Land Size
400m2

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About Park Ridge 4125

The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Park Ridge in 2011 was 2,328 people. By 2016 the population was 2,509 showing a population growth of 7.8% in the area during that time. The predominant age group in Park Ridge is 70-79 years. Households in Park Ridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Ridge work in a trades occupation. In 2011, 77.5% of the homes in Park Ridge were owner-occupied compared with 74.5% in 2016.

Park Ridge has 6,296 properties. Over the last 5 years, Houses in Park Ridge have seen a 82.74% increase in median value, while Units have seen a 74.31% increase. As at 31 August 2024:

  • The median value for Houses in Park Ridge is $771,149 while the median value for Units is $638,901.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 78 properties listed for sale, and 31 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 323 properties were sold in the past 12 months in Park ridge.

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Contact agent
Niket Kalra
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@realty
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