FOR SALE
House & Land
$982,000

Contact Agent For Address
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 225m2
Land area: 456m2
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PARK RIDGE DUAL INCOME HOME - TWO SEPARATE DWELLINGS UNDER ONE ROOF - FULL TURNKEY - PRICE NEGOTIABLE

Why Consider a Dual Occupancy Property.
• INVESTORS, two income producing properties on one title and a high rental yield, along with the low outgoings. This usually means that the property will be positively geared from day one. A Dual Living Home will continue to outperform standard investment properties that offer accommodation for one tenant.
• OWNER OCCUPIER, Dual living homes can relieve their mortgage stress by having an additional source of income from renting one of the dwellings.
• LARGE FAMILIES requiring four plus bedrooms as well as extra families living, this arrangement could be perfect. If the children can't afford to move out on their own or if aged parents need looking after, Dual Living Homes are the answer.
Very few locations can boast the potential of Park Ridge, offering diversity like no other. You can be in the Brisbane CBD in just 30 minutes or enjoying the Gold Coast beaches inside an hour. With the essentials on your doorstep, like extensive childcare options, schools for all ages, vast retail offerings and other community and sporting facilities you will never need to leave! Even fewer can boast the same promise of growth.
Contract Structure:
Two contracts, Land and Construction. Standard conditions, Pay no stamp duty on the build.
Main Dwelling: 3 Bed, 2 Bath, Single Garage
Auxiliary Dwelling: 2 Bed, 1 Bath, Single Garage
Land size: 456m2 Land Price $456,000
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Property Details for Contact Agent For Address, Park Ridge

Contact Agent For Address, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 456m2 and floor size of 225m2. The place is currently for sale with Asset Property Partners.

Building Type
House
Floor Size
225m2
Land Size
456m2

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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 6,256 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 79 properties listed for sale, and 37 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Park ridge.

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Contact agent
John Scanlan
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Asset Property Partners
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