Why Consider A Dual Living 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.
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.
FIRST HOME BUYERS could be eligible for the Queensland Government First Home Buyers Grant. Dual living homes can relieve their mortgage stress by having an additional source of income from renting one of the dwellings.
A vibrant and dynamic growth area in southeast Queensland, located approximately 25mins from Brisbane CBD to the north, 35mins from Surfers Paradise to the South, and 30mins to Ipswich City to the west. Logan is one of the largest and fastest growing cities in Australia. The Park Ridge Master Plan Area was adopted by Logan City Council in 2011 and sets out a clear plan for an integrated, well planned urban community and employment area with extensive environment, parks and waterway networks. This structure will form the basis for new communities with new infrastructure and amenity. Arcadia is perfect for families in a safe and friendly community conveniently located close to Park Ridge Town Centre, local schools, handy bus services, parklands and employment opportunities
Main Dwelling: 3 Bed, 2 Bath, Single Garage
Auxiliary Dwelling: 2 Bed, 1 Bath, Single Garage
Land size: 476m2 Land Price $230,000
House size: 215.56m2 Build Price $319,950
FIXED PRICE TURN KEY PACKAGE: $549,950
Two contracts, Land and Construction. Land is Registered.
Our turn key packages have every detail taken care of:
Reverse cycle air conditioning to main living rooms of each dwelling, Engineered stone benchtops throughout, Leading European brand appliances (incl dishwasher), Deluxe roller blinds to all windows and external sliding glass doors, Security screens to all external doors and opening window sashes, Substantial electrical package including USB enabled power points, NBN pre wire and LED downlights throughout (fluorescent to garage), Mirrored door to robes and full length mirror to WIR, Fully fenced and landscaped including driveways and paving, Colorbond roof, Tax Depreciation Schedule
RENTAL ESTIMATE: $620 to $680 per week combined
Main Dwelling: $340 to $360 per week
Auxiliary Dwelling: $280 to $320 per week
Completing an expression of interest and an initial deposit of $1,000 will secure this property.
Contact John Scanlan - 0407 375 932 for full details
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:
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