Whether you're an astute investor seeking strong cash flow, a family looking for multi-generational living, or a buyer wanting the flexibility to live in one residence while renting the other, this outstanding dual key property presents an exceptional opportunity in one of South East Queensland's fastest-growing suburbs.
Positioned on a 475m² allotment and built in 2020, this quality residence comprises two fully self-contained homes under one title. Each residence features its own private entrance, kitchen, living area, outdoor entertaining space, fenced backyard, and remote lock-up garage, providing complete independence and privacy.
With secure tenancies already in place and rental income increasing to $1,095 per week, this is a genuine set-and-forget investment offering immediate returns and outstanding long-term growth potential.
Property Snapshot:
• Dual Key residence on one title
• Built in 2020
• 475m² allotment 220 m2 Building size
• Current rental income: $1,045 per week
• Rental income increasing to $1,095 per week from 20 October 2026
• Rental appraisal: Approximately $1,140 per week
• Low-maintenance modern construction
• Excellent investment or multi-generational living opportunity
Residence One
3 Bedrooms | 2 Bathrooms | 1 Garage
Designed with modern family living in mind, Residence One offers generous proportions, quality finishes, and a functional open-plan layout.
Features include:
Master bedroom with walk-in robe, ensuite and air conditioning
Spacious open-plan living and dining area
Contemporary kitchen with stone benchtops and stainless-steel appliances
Air-conditioned living area
Ceiling fans throughout
Covered outdoor entertaining area
Fully fenced private backyard
Remote lock-up garage with internal access
Investment Details:
Currently leased at $550 per week until 19 October 2026
New lease secured from 20 October 2026 to 25 October 2027 at $600 per week
Residence Two
2 Bedrooms | 1 Bathroom | 1 Garage
A perfect solution for extended family, additional rental income or flexible living arrangements.
Features include:
Two spacious bedrooms with built-in wardrobes
Contemporary kitchen with quality appliances
Open-plan living and dining area
Air-conditioned living space
Private covered patio
Fully fenced backyard
Remote lock-up garage with internal access
Investment Details:
Currently leased at $495 per week until 10 August 2026
New lease secured from 11 August 2026 to 15 February 2027 at $495 per week
Why You'll Love This Property:
• Dual key design under one title
• Secure rental income with long-term leases already in place
• Rental income increasing to $1,095 per week
• Ideal for investors seeking strong cash flow
• Perfect for extended or multi-generational families
• Opportunity to live in one residence and lease the other
• Separate entrances, garages, outdoor entertaining areas and private yards
• Modern, low-maintenance construction
• Excellent long-term capital growth potential
Prime Park Ridge Location:
Located in one of Logan's fastest-growing residential communities, this property enjoys easy access to schools, shopping, childcare, public transport and major motorway connections, making it highly attractive to both owner-occupiers and tenants.
Nearby Amenities:
• New Logan Reserve Shopping Village - Walking distance
• Park Ridge Town Centre (Coles, Woolworths & specialty stores)
• St Philomena School - 850m
• Happy Hearts Child Care - 1.5km
• Corymbia State School - 1.5km
• Grow Early Education Park Ridge - 1.6km
• St Francis College - 2.6km
• Logan Reserve State School - 2.7km
• Park Ridge State High School - 6.2km
• Easy access to the M1 Motorway
• Approximately 35 minutes to Brisbane CBD
• Approximately 45 minutes to the Gold Coast
Offering secure rental income, exceptional flexibility and outstanding future growth, this quality dual key property represents an opportunity rarely found in today's market.
Whether you're expanding your investment portfolio or searching for a home that can adapt to your family's changing needs, 40 Rural Street, Park Ridge deserves your immediate attention.
Contact Niket Kalra and the team at RE/MAX Signature today to arrange your inspection or request further information.
Disclaimer:
RE/MAX Signature has taken all reasonable care in preparing this information and believes it to be accurate at the time of publication. However, no warranty or representation is made as to its accuracy. Interested parties should rely on their own enquiries and independent advice to verify the information contained herein.
