A rare and highly desirable opportunity to secure a modern dual-occupancy property in the heart of Park Ridge, offering flexibility, strong rental income, and long-term growth potential. Ideal for investors seeking a low-maintenance, high-performing asset with two separately leased dwellings on one title.
This property comprises a total of 5 bedrooms, 3 bathrooms, and 2 car accommodations, designed with quality finishes, functional layouts, and private outdoor spaces for each residence.
Property Breakdown:
1/98 Mercy Circuit PARK RIDGE QLD - 3 Bedrooms | 2 Bathrooms | 1 Garage
Currently Leased: $560 per week (Lease until 19/10/2026) Last rent increase 01/10/2025
• Spacious open-plan living, dining, and kitchen with air conditioning, flowing seamlessly to a private covered patio
• Modern kitchen featuring stone benchtops, overhead cupboards, quality appliances, and ample storage
• Master bedroom with air conditioning, walk-in robe, and private ensuite
• Two additional well-sized bedrooms with built-in wardrobes and ceiling fans
• Contemporary main bathroom with quality fittings
• Single remote lock-up garage with internal access and integrated laundry
• Fully fenced backyard with landscaped gardens
2/98 Mercy Circuit PARK RIDGE QLD - 2 Bedrooms | 1 Bathroom | 1 Car
Currently Leased: $470 per week
• Light-filled open-plan living and dining area with air conditioning
• Contemporary kitchen with modern finishes and ample storage
• Two bedrooms with built-in wardrobes and ceiling fans
• Neat and functional bathroom
• Single remote lock-up garage
• Separate laundry
• Secure, fully fenced low-maintenance backyard
Financial Highlights
• Current combined rent: $1,030 per week
• Potential future rent: approximately $1,090 per week
• Single council rate notice
• No body corporate fees
Unbeatable Location
• Corymbia State School - 3 minutes
• Park Ridge District Park - 3 minutes
• Logan Reserve Shopping Village - 3 minutes
• Aussie Adventures Child Care - 6 minutes
• Park Ridge Town Centre - 8 minutes
• Park Ridge Park 'n' Ride - 10 minutes
• Park Ridge State High School - 10 minutes
• Parklands Christian College - 12 minutes
This occupancy property represents an exceptional opportunity to secure a high-yield investment in one of Park Ridge's most sought-after locations.
For further information or to arrange an inspection, please contact us.
Disclaimer:
We have in preparing this information used our best endeavors to ensure that the details contained herein are accurate, but accept no responsibility for any errors, inaccuracies, or omissions. Prospective purchasers should make their own enquiries to verify the information.
