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16 Mount Mitchell Street

Park Ridge QLD 4125

5
3
2
400 m²
House
Currently for sale - view listing

Overview

Spacious Dual-Key Home | Perfect for Multi-Generational Living or High-Yield Investment

Whether you're searching for the ideal home for extended family, a private dual-living setup, or a high-performing investment with two income streams, this exceptional dual-key residence delivers outstanding flexibility and long-term value. Positioned in one of Park Ridge's fastest-growing communities, this modern home has been thoughtfully designed with two completely self-contained residences under one roof. Each residence enjoys its own private entrance, kitchen, living areas, outdoor entertaining space, and garage, offering the perfect balance of independence and connection. Whether it's parents, adult children, extended family, or tenants, everyone can enjoy their own private space while remaining under the same roof. For investors, this is an outstanding opportunity with secure long-term tenancies already in place, excellent rental returns, and strong future capital growth potential. Property Snapshot: Dual-Key Configuration Land Size: 400m² Built: 2020 Current Rental Income: $990 per week Rental Appraisal: Approximately $1,100 per week Residence One: 3 Bedrooms | 2 Bathrooms | 1 Car Garage Designed for comfortable family living with spacious interiors and quality finishes. Features: • Master bedroom with ensuite and air conditioning • Open-plan living and dining area • Designer kitchen with stone benchtops and stainless-steel appliances • Air-conditioned living area • Ceiling fans throughout • Covered outdoor entertaining area • Fully fenced private backyard • Single remote garage with internal access Currently leased for $530 per week until 11 December 2026. Residence Two: 2 Bedrooms | 1 Bathroom | 1 Car Garage Ideal for extended family, teenagers, parents, guests, or generating an additional rental income. Features: • Two spacious bedrooms with built-in wardrobes • Contemporary kitchen with quality finishes • Open-plan living and dining area • Air-conditioned living space • Private covered patio • Fully fenced backyard • Single remote garage with internal access Currently leased for $460 per week until 28 May 2027. Why You'll Love This Property: • Ideal for two families wanting to live together while maintaining privacy • Perfect for multi-generational living • Live in one residence and rent out the other • Strong dual-income investment opportunity • Modern, low-maintenance construction • Excellent long-term capital growth potential • Separate entrances, kitchens, living areas, garages, and outdoor spaces • Secure long-term tenants already in place Prime Location: • Enjoy easy access to quality schools, shopping centres, public transport, and major motorways. • St Philomena School - 1.2km • Woolworths Logan Reserve - 1.8km • Marsden State High School - 5.0km • Griffith University - 10.4km • Approximately 35 minutes to Brisbane CBD • Approximately 45 minutes to the Gold Coast This is a rare opportunity to secure a versatile property that offers lifestyle, flexibility, and outstanding investment potential in one of South East Queensland's fastest-growing locations. Contact RE/MAX Signature today to arrange your private inspection or request further information. Disclaimer: We have prepared this information using our best endeavours to ensure the details contained herein are accurate. However, we accept no responsibility for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
400 m² lot size
House

Happy sellers in Park Ridge

93%
93% 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 74 reviews in Park Ridge over the last 12 months.

Local market activity for 5 bedroom houses in Park Ridge

In the last 12 months, 20 five-bedroom houses similar to 16 Mount Mitchell Street, have been sold.

This represents a 29% increase in five-bedroom houses sales when compared to the previous 12 months.

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