31 Weedbrook StreetPark Ridge QLD 4125
Property Details for 31 Weedbrook St, Park Ridge
31 Weedbrook St, Park Ridge is a 0 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 486m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom Unit sold in Park Ridge in the last 12 months.
Last Listing description (August 2024)
Welcome to 31 Weedbrook Street, Park Ridge, QLD
This luxury 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:
Unit 1: 3 bedrooms, 2 bathrooms, 1 car garage
Unit 2: 2 bedrooms, 1 bathroom, 1 car garage
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.
Bathrooms: Functional and neat, with an ensuite in the master.
Garage: Single lock-up remote garage with internal access and laundry facilities.
Outdoor: Fully fenced and secure backyard.
Lighting: LED lights throughout.
Rental Income: Currently $480 per week, lease until 21/08/2024. Potential rental income is $550 per week.
Unit 2 Features:
Living Area: Open-plan living, dining, and kitchen area opening to a porch.
Kitchen: Modern with plenty of storage.
Bedrooms: Two bedrooms with built-in wardrobes.
Climate Control: Air conditioning in the living area and master bedroom.
Bathrooms: Neat and tidy.
Garage: Single lock-up remote garage with internal access and laundry facilities.
Outdoor: Fully fenced and secure backyard.
Lighting: LED lights and ceiling fans throughout.
Rental Income: Currently $410 per week, lease until 21/04/2025. Potential rental income is $480 per week.
Financial Highlights:
Current Combined Rent: $890 per week
Potential Future Rent: $1,020 per week
Council Rates: One council rate for the property.
No Body Corporate Fees.
Location Benefits:
Access: Easy access to major motorways to Brisbane CBD, Sunshine Coast, and Gold Coast.
Amenities: Short drive to Park Ridge Town Centre with Coles, Woolworths, and Homestead Markets.
Growth: Situated in the fast-growing suburb of Park Ridge.
Additional Features:
Security: Security screens on windows.
Outdoor Areas: Fully fenced and landscaped gardens.
Cooling: Split system air conditioning in main living areas.
Kitchen: Overhead cupboards and stone bench tops.
Utilities: Separate electric meters and letterboxes for each residence.
Driveway: Exposed aggregate concrete driveway.
Disclaimer:
We have made every effort to ensure the accuracy of this information but disclaim any liability for any errors or misstatements. Prospective purchasers should verify the information themselves.
Contact Information:
For more detailed information, including rental and lease details, please contact us now. Don't miss this exceptional investment opportunity in a prime location!
Property History for 31 Weedbrook St, Park Ridge, QLD 4125
- 13 Jul 2024Sold for $880,100
- 17 Jun 2024Listed for Sale Offers Above $869,990 !!
- 25 Oct 2018Sold for $245,000
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0About 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 6,248 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.
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