Back 16 Nevada Road
Off Market

16 Nevada Road

Park Ridge QLD 4125

5
3
2
231 m²
450 m²
Duplex Semi-Detached
Last sold for $1,017,000
Niket KalraNiket Kalra, last sold this property on 18 August 2025 after 27 days on market.

Overview

A Rare Investment Opportunity in the Heart of Park Ridge!!

Welcome to an exceptional opportunity to secure a high-performing dual-key investment property in one of Logan's most sought-after and rapidly expanding suburbs. Set on a generous 450sqm block, 231 m2 Building this modern, low-maintenance residence is designed for optimal rental yield and future capital growth. With two fully self-contained dwellings and quality long-term tenants in place, this is the kind of asset savvy investors are actively seeking. Property Overview: Block Size: 450sqm Rental Income: Currently generating $940/week with scope to increase to $1,060/week Configuration: Unit 1: 3 Bedrooms | 2 Bathrooms | 1 Car Garage Unit 2: 2 Bedrooms | 1 Bathroom | 1 Car Garage Dual-Key Design: Separate entrances, utilities, and electric meters for complete privacy and convenience Unit 1 Highlights 3 spacious bedrooms with built-in wardrobes 2 modern bathrooms Open-plan living and dining with air conditioning Contemporary kitchen with ample bench space Remote-controlled single lock-up garage Currently leased at $510/week until 22 December 2025 Last rent increase was 20 December 2024 Unit 2 Highlights 2 generous bedrooms with built-in robes and ceiling fans 1 well-appointed bathroom Sleek and functional kitchen with quality appliances Air-conditioned open-plan living area Private outdoor area perfect for relaxing Currently leased at $430/week until 13 July 2026 Last rent increase was 11 July 2025 Prime Location | Convenience at Your Doorstep Walking distance to the new Logan Reserve Shopping Village Minutes to Park Ridge Town Centre (Coles, Woolworths, specialty stores) Close to leading schools and early learning centres: St Philomena School - 6 Minutes Happy Hearts Child Care - 3 Minutes Grow Early Education Park Ridge - 3 Minutes Logan Reserve State School - 6 Minutes Park Ridge State High School - 8 Minutes New Corymbia State School - 3 Minutes Why This Property Stands Out This is more than just a solid rental - it's a high-yield, growth-oriented asset located in a premium growth corridor. With dual income streams, long-term leases in place, and minimal ongoing maintenance required, this is the ideal set-and-forget investment. Enquire Today Opportunities like this are rare and in high demand. Contact our team now to arrange a private inspection or request further details. Secure your foothold in the thriving Park Ridge market today. Disclaimer: We have in preparing this information used our best endeavours 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.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
231 m² floor area
450 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 16 Nevada Road is $1.02m.

Median value
$1.02m
Estimated value range
$919k - $1.23m
Median days on market
24
Estimated value trend
12%
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 16 Nevada Road

2025
Sold
$1,017,000
18 Aug 2025 by Niket Kalra, of RE/MAX Signature | Park Ridge

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 85 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, 10 five-bedroom duplex semi-detached properties similar to 16 Nevada Road, have been sold.

This represents a 60% increase in five-bedroom duplex semi-detached properties sales when compared to the previous 12 months.

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