62 Mercy CircuitPark Ridge QLD 4125
Property Details for 62 Mercy Cct, Park Ridge
62 Mercy Cct, Park Ridge is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 518m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom DuplexSemi-detached sold in Park Ridge in the last 12 months.
Last Listing description (December 2023)
Welcome to 62 Mercy Circuit Park Ridge. This Luxury dual key has already been setup with great long-term tenants in place and an excellent return on investment from purchase date. This is where real investment potential exists in a changing market. Great location, potential for even greater returns that sets this style of properties apart from standard investment properties.
Positioned on a great large 518 m2 block and built in 2020, you will be impressed by the floor plan as well as design. The block having two units one with 3 beds, 2 bath with 1 car, second one with 2 beds, 1 bath and 1 car unit. Full landscaping with gardens, fully fenced. Great open plan designs and the spacious 3-bedroom unit offers separation in the floor plan with bedrooms 1 and 2 at the front of the unit and master bedroom at the back.
UNIT 1 includes:
-Master room with ensuite and walk in robe
-Aircon in the main living area
-Led downlights
-Cooktop, oven and dishwasher
-Separate entry
-Single lock up garage.
--Current rent $470 per week until 28/02/2024
- NEW RENTAL IN TODAY'S MARKET IS AROUND $550 PER WEEK
UNIT 2 include:
-2 bedrooms with built-in wardrobes
-Aircon in the main living area
-Led downlights
-Cooktop, oven and dishwasher
-Separate entry
-Single Lock up Garage
-Current rent $410 per week until 29/09/2024
- NEW RENTAL IN TODAY'S MARKET IS AROUND $480 PER WEEK
-Current Combined rent is $880 per week and Potential future rent is $1030 per week
- Easy access to motors ways to Brisbane CBD, Sunshine and Gold Coast
- Located in a fast-growing suburb of Park Ridge
- A short drive Park Ridge Town Centre with Coles, Woolworths, and Homestead Markets
- Security screens windows and doors
- Fully fenced and landscaped
- Split system air-conditioning to main living areas
- Kitchen with overhead cupboards & stone bench tops
- Separate electric meters & letterbox for each residence
- Exposed aggregate concrete driveway
We have in preparing this information used our best endeavors to ensure that the information contained therein is true and accurate but accepts no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
Contact me now for more detailed information including rental and lease details.
Property History for 62 Mercy Cct, Park Ridge, QLD 4125
- 17 Dec 2023Sold for $827,500
- 09 Dec 2023Sold for $827,500
- 30 Nov 2023Listed for Sale 827,500.00
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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 6,296 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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