An outstanding investment opportunity awaits just behind the new Somerset Estate-this modern dual-key property is perfectly positioned in one of Logan's fastest-growing suburbs. Built in 2018 on a generous 501sqm block, this low-maintenance and high-yield investment offers two fully self-contained residences, currently tenanted with strong rental returns. Enjoy a combined rental income of $960 per week, with the potential to increase to $1,060 per week.
Property Snapshot:
Block Size: 501 SQM
Build Size: 240 SQM (Approx.)
Built: 2018
Dual-Key Configuration:
Unit 1: 4 Bedrooms | 2 Bathrooms | 1 Car Garage
Unit 2: 2 Bedrooms | 1 Bathroom | 1 Car Garage
Separate entrances, utilities, and electric meters
Unit 1 Highlights:
-Currently rented at $530 per week (lease until 05/12/2025)
-Spacious open-plan living and dining with split-system air conditioning
-Contemporary kitchen featuring stone benchtops and ample storage
-Three generous bedrooms with built-in wardrobes and ceiling fans
-Master bedroom with walk-in robe and private ensuite
-LED lighting throughout
-Remote-controlled garage with integrated laundry
-Fully fenced, private backyard-Rental potential up to $580 per week
Unit 2 Highlights:
-Currently rented at $430 per week (lease until 20/02/2026)
-Bright, open-plan living area with air conditioning
-Modern kitchen with plenty of cabinetry
-Two well-sized bedrooms with built-in wardrobes
-Ceiling fans and LED lighting throughout
-Single lock-up garage with separate laundry
-Secure, low-maintenance backyard
-Rental potential up to $480 per week
Financial Overview:
-Current Rental Income: $960 per week
-Potential Rental Income: $1,060 per week
-Council Rates: Single council rate covers both units
-No Body Corporate Fees
Location Highlights:
Park Ridge is a booming suburb known for its family-friendly atmosphere, convenient amenities, and strong capital growth potential. The property offers easy access to major roads including the M1, and is well-positioned between Brisbane CBD, the Gold Coast, and the Sunshine Coast.
Nearby Amenities:
-New Logan Reserve Shopping Village - Walking distance
-Park Ridge Town Centre - Coles, Woolworths, specialty stores
-Happy Hearts Child Care - 1.7 km
-Grow Early Education Park Ridge - 1.6 km
-St Philomena School - 850 m
-St Francis' College - 2.6 km
-Logan Reserve State School - 2.7 km
-Park Ridge State High School - 6.2 km
-New Corymbia State School - 1.5 km
Why This Property Stands Out:
With dual income streams, secure long-term tenancies, and excellent growth prospects, this is a rare chance to secure a high-performing asset in one of Southeast Queensland's most promising regions.
Contact our team today to book your private inspection or request more information. Your next smart investment in Park Ridge is ready - don't miss this opportunity.
Disclaimer:
While we have taken great care in preparing this information and believe it to be accurate, we accept no responsibility for any errors, inaccuracies, or misstatements. Buyers are encouraged to conduct their own investigations to verify the details provided. For further information, including lease and rental specifics, please contact us directly.
