Back 13 Farmer Place
Off Market

13 Farmer Place

Park Ridge QLD 4125

5
3
2
403 m²
Duplex Semi-Detached
Last sold for $1,130,000
Niket KalraNiket Kalra, last sold this property on 24 August 2026 after 34 days on market.

Overview

STRONG RENTAL INCOME OF $1,115 PER WEEK

Premium Dual-Key Investment | $1,115 Per Week Return with Secure Long-Term Tenancies Positioned in one of Park Ridge's most sought-after growth corridors, 13 Farmer Place presents an outstanding opportunity to secure a modern dual-key investment delivering exceptional rental returns, quality long-term tenants, and impressive future growth potential. Built in 2021 on a low-maintenance 406m² allotment, building size 221 m2 this contemporary dual-occupancy residence has been thoughtfully designed to maximise privacy, functionality and investor performance. Each home enjoys its own private entrance, lock-up garage, covered alfresco, separate electricity meter, water meter and letterbox**, creating two completely independent residences under one roof. Currently generating an impressive $1,080 per week, the property is set to increase to $1,115 per week from 22 October 2026, providing investors with an immediate uplift in income and outstanding cash flow. Residence One 3 Bedrooms | 2 Bathrooms | 1 Garage Designed with family living in mind, the larger residence offers generous proportions, quality finishes and a practical layout. Features include: * Three generous bedrooms with built-in wardrobes * Private master suite with walk-in robe and ensuite * Spacious open-plan living and dining area * Modern kitchen featuring stone benchtops, overhead cabinetry, electric cooktop, oven and dishwasher * Split-system air conditioning to the living area * Stylish main bathroom * Covered outdoor entertaining area * Single lock-up garage * Private entry -Current Rent: $580 per week New Lease: 22 October 2026 - 22 October 2027 at $615 per week Residence Two 2 Bedrooms | 1 Bathroom | 1 Garage Offering low-maintenance living with strong tenant appeal, the second residence is equally well-appointed. Features include: * Two spacious bedrooms with built-in wardrobes * Open-plan living and dining * Modern kitchen with stone benchtops and overhead cabinetry * Electric cooktop, oven and dishwasher * Split-system air conditioning * Covered alfresco area * Single lock-up garage * Private entrance -Current Rent: $500 per week until 27/08/2026 New Lease 28/08/26 to 01/03/27 $500 P/W -Property Highlights * Rental income of $1,080 per week * Increasing to $1,115 per week from 22 October 2026 * Built in 2021 * Fully fenced and landscaped 406m² block * Dual-key design with separate entrances * Separate electricity meters, water meter and letterboxes * Stone benchtops throughout * Split-system air conditioning in both residences * Security screens to windows and doors * Covered alfresco entertaining areas * Exposed aggregate concrete driveway * Modern, low-maintenance construction * Strong rental history with quality long-term tenants already in place - Prime Park Ridge Location Situated within one of South-East Queensland's fastest-growing suburbs, this exceptional investment enjoys close proximity to every major convenience. * Minutes to Park Ridge Town Centre * Close to Coles, Woolworths and specialty shopping * Easy access to quality schools and childcare facilities * Nearby parks, playgrounds and public transport * Convenient access to the Logan Motorway and Mt Lindesay Highway, connecting Brisbane and the Gold Coast * Located within a high-growth corridor experiencing strong population growth and consistent rental demand Whether you're expanding your investment portfolio or securing your first dual-income property, **13 Farmer Place, Park Ridge** delivers the perfect combination of strong cash flow, quality construction and long-term capital growth potential. Contact Niket Kalra today to arrange your private inspection or request further information. Disclaimer: Whilst every effort has been made to ensure the accuracy of the information contained herein; no warranty is given by the vendor or agent. Interested parties should rely on their own enquiries and obtain independent advice before making any purchasing decisions.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
403 m² lot size
Duplex Semi-Detached

Estimated Value

Based on this property and similar 5 bedroom duplex semi-detached properties sold in Park Ridge over the last 12 months, the estimated median property value of 13 Farmer Place is $1.1m.

Median value
$1.1m
Estimated value range
$975k - $1.23m
Median days on market
45
Estimated value trend
19%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Park Ridge. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 13 Farmer Place

2026
Sold
$1,130,000
24 Aug 2026 by Niket Kalra, of RE/MAX Signature | Park Ridge
2023
Sold
Undisclosed
17 Jun 2023 by Niket Kalra, of Harcourts Asset | Springwood

Happy sellers in Park Ridge

92%
92% of sellers in Park Ridge reported that their sale price either exceeded or met their price expectations.

Park Ridge stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 67 reviews in Park Ridge over the last 12 months.

Local market activity for 5 bedroom duplex semi-detached properties in Park Ridge

In the last 12 months, 7 five-bedroom duplex semi-detached properties similar to 13 Farmer Place, have been sold.

This represents a 56% increase in five-bedroom duplex semi-detached properties sales when compared to the previous 12 months.

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