Park Ridge, QLD, 4125, Australia

Park Ridge is one of the fastest growing areas on the South Side of Brisbane, an ideal place for families and young couples wanting to enjoy a quality lifestyle. This suburb is home to excellent public and private schools. Linking residents to major arterial roads for easy access to Logan, Brisbane, and Gold Coast, while providing accessibility to major employment, health, and lifestyle opportunities.

This dual-key property offers 5 bedrooms, 3 bathrooms, and 2 garages, allowing for large families, or multi-generations living under the same roof. Owner occupiers can live on one side of the house and rent out the other. Investors will benefit from a high-yield, dual-income opportunity on a single title, with low outgoings, with the potential to be positively geared from day one.

Dual occupancy with a total of 5 x bedrooms, 3 x bathrooms, and 2 x single garages.
Main Dwelling: 3 Bed, 2 Bath, Single Garage
Auxiliary Dwelling: 2 Bed, 1 Bath, Single Garage

For sale: $830,000 (fixed price, turn-key package, Logan City Council Infrastructure charges included)
Land Size: 385m2, Land Price: $366,000
Build Size: 208m2, Build Price: $464,000

Rental: $1,000.00 per week (combined). 6.26% Gross rental return

Two Contracts: Land and Build. Standard conditions - Pay no stamp duty on the build.

Registration due June 24

Features include:
Internally - 20mm engineered stone benchtops to kitchen & bathrooms, 600mm kitchen appliances and overhead cupboards, stainless steel dishwasher (Dwelling A only), quality basins, tapware, and frameless mirrors, split system A/C to main living area & main bedroom in Dwelling A, and main living area in Dwelling B, roller blinds & barrier screens to sliding glass doors & opening windows, superior LED lighting package throughout entire house (excl. garage), ceiling fans in every bedroom, living area & alfresco.

Externally - Face brick to front façade & 3x wall mounted up downlights, Colorbond roof & garage doors - sarking to roof & all external walls, fencing & driveway, turnkey inclusions with landscaping, approved Fire Separation wall between dwelling A & B. 20-Year Structural Guarantee.

To Apply: Reserve this property by submitting an Expression Of Interest along with a $2,000 initial deposit.

Two contracts; Land and Build. Standard conditions - Pay no stamp duty on the build.
10% balance deposit paid when unconditional. 5% deposit on the Building Contract with the Builder and progressive construction drawdown payments.

Asset Property Partners offers a no-cost service that helps everyday Australians make smarter property choices. Let us help you save time and money whilst taking the hassle out of building!

Contact: John Scanlan on 0407 375 932 for more detailed information

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 before purchase. Prices stated are subject to availability. All plans are copyright in whole and in part.