FOR SALE
AUCTION IF NOT SOLD PRIOR

9 Gem Circuit
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Auction Time
Sat 23 Nov 3:30 pm
Inspection Times
No upcoming inspections scheduled.
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INVESTORS NEEDING TO LIQUIDATE FOR UPCOMING OPPORTUNITY

**AUCTION ON-SITE IF NOT SOLD PRIOR // 23rd NOVEMBER @ 3:30pm // Phone Bidding Accepted**
Dual-Income Opportunity in Quiet Park Ridge Pocket
Discover an outstanding investment opportunity with this immaculate 5-year-old dual-key property at 9 Gem Circuit, Park Ridge. Set on a 460m² block, this well-maintained residence offers two self-contained units, currently generating over $900 per week, with a rental appraisal indicating returns between $1,000 and $1,040 per week.
Property Highlights:
- Unit 1: Features 3 spacious bedrooms, 2 modern bathrooms, and a secure single garage, providing ample space for comfortable living.
- Unit 2: Offers 2 bedrooms, 1 bathroom, and a single garage, ideal for downsizers, couples, or as an additional income source.
- Dual-Key Layout: Maximise your rental returns with this versatile setup, catering to diverse tenant needs while ensuring privacy between units.
- Strong Investment Appeal: With a proven rental return and potential for an even higher yield, this property is a prime choice for investors looking to capitalise on the growing Park Ridge market.
- Premium Location: Positioned in a tranquil enclave with limited traffic and a single access road, this home combines privacy with the convenience of nearby schools, shopping, and public transport.
An absolute gem in today's competitive market, 9 Gem Circuit is ready to reward its new owner with steady income and long-term growth potential. Don't miss your chance to secure this rare dual-key investment in one of Park Ridge's most sought-after pockets.
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Property Details for 9 Gem Cct, Park Ridge

9 Gem Cct, Park Ridge is a 5 bedroom, 3 bathroom Semi-Detached with 2 parking spaces. The place is currently for sale with Ray White Brookwater and Greater Springfield.

Building Type
Semi-Detached

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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 6,253 properties. Over the last 5 years, Houses in Park Ridge have seen a 78.99% increase in median value, while Units have seen a 65.85% increase. As at 31 October 2024:

  • The median value for Houses in Park Ridge is $772,840 while the median value for Units is $632,719.
  • Houses have a median rent of $590 while Units have a median rent of $520.
There are currently 70 properties listed for sale, and 38 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 310 properties were sold in the past 12 months in Park ridge.

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Contact agent
Kenton De Klerk
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Ray White Brookwater and Greater Springfield
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