10 Allerton Park DrivePark Ridge QLD 4125
Property Details for 10 Allerton Park Dr, Park Ridge
10 Allerton Park Dr, Park Ridge is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 439m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Park Ridge in the last 12 months.
Last Listing description (September 2024)
Attention savvy investors! This fantastic 4-bedroom, 2-bathroom home on a 439 sqm block offers a rare opportunity with a secure rental return and long-term tenants in place. Located in the growing suburb of Park Ridge, this property is ideal for investors looking to take over a hassle-free investment.
Property Features:
4 generously sized bedrooms, including a master with ensuite
Spacious open-plan living and dining areas
Well-appointed kitchen with ample storage
Double car garage with internal access
Low-maintenance 439 sqm block
Covered outdoor area, perfect for entertaining
Investment Highlights:
Currently tenanted, providing a rental return of $555 per week
Tenants have been in the property for 3 years
Lease secured until June 2025
Ideal for investors looking for immediate rental income and long-term security
Location Benefits:
Close to schools, parks, and shopping facilities
Easy access to public transport and major roads
Situated in the fast-growing, in-demand Park Ridge area
With reliable tenants in place and a lease secured for the next year and a half, this property offers peace of mind and an excellent rental yield for any investor. Don't miss out on this exceptional opportunity!
Contact us today to discuss further or arrange an inspection.
Property History for 10 Allerton Park Dr, Park Ridge, QLD 4125
- 28 Sep 2024Listed for Sale $735,000
- 28 Sep 2024Sold for $735,000
- 03 Nov 2021Listed for Rent - Price not available
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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 6,288 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.
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