OFF MARKET

27 Royal Street
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 357m2
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Last updated 11 Nov 2024
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Property Details for 27 Royal St, Park Ridge

27 Royal St, Park Ridge is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 357m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
House
Land Size
357m2
Local Government
Logan City
Lot/Plan
14/SP329501

Last Listing description (November 2024)

High-Yield Dual Key Property - Ready for SMSF Investment

Unlock the potential of your Self Managed Super Fund (SMSF) with this completed 3+2 dual key home, designed to maximize rental income and provide long-term growth. This dual key property offers two separate living spaces under one roof, making it ideal for investors looking for steady cash flow and asset growth within their SMSF.

Key Features:

Dual Key Design - Two homes in one! A 3-bedroom, 2-bathroom main residence, plus a separate 2-bedroom, 1-bathroom unit. Perfect for dual rental income streams or living in one and renting the other.

3-Bedroom Main Residence - spacious open-plan living, a modern kitchen with quality appliances, and an alfresco area for outdoor entertaining.

2-Bedroom Unit - fully self-contained with its own entrance, open living space, and kitchen, providing privacy for tenants or extended family.

Low Maintenance Yard - perfect for tenants or owners who prefer easy-care living.

Why Choose a Dual Key for Your SMSF?

Dual key properties are ideal for SMSF investors as they provide two income streams from a single asset, boosting rental returns while offering flexibility. With a dual key property, you benefit from higher rental yield potential, making it easier to grow your super while minimizing risk. Plus, the two separate dwellings give you versatility - rent both or live in one and rent the other.

Benefits of Investing in a Dual Key Home for SMSF:

Dual Rental Income - maximize your returns with two separate tenancies, significantly increasing rental yield.

SMSF Compliant - this property meets SMSF investment criteria, offering a sound, tax-effective strategy to grow your retirement savings.

Capital Growth Potential - benefit from long-term asset growth in a strong real estate market, ensuring your SMSF is well-positioned for the future.

Tenant Demand - with versatile living arrangements, this property is appealing to a wide range of tenants, ensuring strong demand and consistent rental returns.

Future Flexibility - dual key homes offer the flexibility to downsize or accommodate family in the future, making this a smart long-term investment.
Prime Location

Located in a high-demand area with excellent infrastructure, transport, schools, and amenities, this dual key property ensures strong rental demand and potential capital growth. The area's ongoing development and proximity to essential services make it a solid choice for SMSF investors.

Why Invest with Your SMSF?

Tax Benefits - investing through an SMSF provides tax advantages, helping you grow your super faster.

Control Your Future - take control of your retirement savings by choosing high-performing property investments.

Secure Your Financial Future - dual key properties offer both income and growth, making them a secure and stable choice for long-term wealth building.

Don't miss this opportunity to enhance your SMSF with a high-yield dual key property. Contact us today to learn more or arrange a viewing!

Completing an expression of interest and an initial deposit of $1,000 will secure this property

To discuss further, please contact Aaron on 0412828702

TO RESERVE THIS PROPERTY

- Complete an Expression of Interest with Asset Property Partners and a $1,000 deposit to hold this opportunity.

- One Contract - Standard conditions - 14 days finance, 10% balance deposit paid at finance approval. Balance paid at settlement. Progressive construction drawdowns.

Contact Us Now For More Information on 0412828702

HOW WE CAN HELP YOU

Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no cost service that helps everyday Australian's make smarter property choices. Let us help you save time and money whilst taking the hassle out of building!

Disclaimer: Disclaimer: All images and descriptions are indicative and may vary from the final product. All information contained herein is gathered from sources we believe to be reliable. Intending purchasers should satisfy themselves by clarification prior to purchase. Prices stated are subject to availability. All plans are copyright in whole and in part.

Property History for 27 Royal St, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$300,000
29 Sep 2023
  • 29 Oct 2024
    Listed for Sale $998,500
  • 07 Nov 2023
    Listed for Sale Not Disclosed
  • 29 Sep 2023
    Sold for $300,000

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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 6,282 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 77 properties listed for sale, and 39 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.

Suburb Insights for Park Ridge 4125

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.