OFF MARKET

5 Creek Place
Park Ridge QLD 4125

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 97m2
Land area: 386m2
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Property Details for 5 Creek Pl, Park Ridge

5 Creek Pl, Park Ridge is a 5 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2020. The property has a land size of 386m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2020
Floor Size
97m2
Land Size
386m2
Local Government
Logan City
Lot/Plan
23/SP314615

Last Listing description (April 2023)

Impressive Investment Opportunity Awaits!

With secure long term tenants in place this impressive investment opportunity offers double the income under the same roof. Built in 2020 you can be sure to have peace of mind knowing that the building is only at the beginning of its life with little to no maintenance required.

Unit 1

Unit 1 being the bigger of the two unit's rents for $380 per week and has the tenants lease agreement locked in until September. There are three good size bedrooms with the main bedroom having the luxury of an ensuite with shower and toilet and a walk in robe. The remaining two bedrooms have built in robes with easy accessibility to the main bathroom with bath tub, large shower and also the separate toilet. The bedrooms are carpeted with ceiling fans throughout.

The air-conditioned living area is situated at the rear of the unit and opens up to the private back yard. The kitchen is open planned with plenty of bench space, over head cupboards and stainless-steel appliances throughout. There is a single lock up garage with automatic door and an additional open air car space for a second vehicle.

Unit 2
The second unit is currently collecting $330 per week with the tenant locked in place until August. There are two bedrooms complete with carpet, built in robes and ceiling fans and easy access to the bathroom with large shower and toilet. The kitchen is well equipped with stainless steel appliances and incorporates the open plan, air-conditioned living room. Unit 2 also has its own private yard and single lock up garage.

With long term tenants in place and collecting a total of $710 per week 5 Creek Place, Park Ridge is the perfect addition for any investors portfolio. Ideally located Close to Schools, shops, public transport and all of the amenities required this one won't last long.

Call Cameron Rice to organize your viewing now!

Disclaimer:

All information contained within this website is gathered from sources we believe to be reliable. Stone Real Estate cannot however guarantee its accuracy and accepts no responsibility for such. Interested parties should make and rely on their own enquiries.

Property History for 5 Creek Pl, Park Ridge, QLD 4125

A timeline of how this property has performed in the market
Last Sold
$689,000
28 Mar 2023
  • 28 Mar 2023
    Sold for $689,000
  • 17 Feb 2023
    Listed for Sale SOLD
  • 18 Aug 2020
    Listed for Rent $300 / week
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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 6,230 properties.

    There are currently 69 properties listed for sale, and 44 properties listed for rent in Park ridge on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in Park ridge.

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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.