An exceptional opportunity awaits with this modern dual-key property, perfectly positioned in one of Logan's fastest-growing suburbs. Built in 2021 on a generous 520 sqm block, this low-maintenance, high-yield investment offers two fully self-contained residences with strong long-term tenants and a combined rental income of $940 per week, with upside potential to $1,060 per week.
Property Snapshot:
Block Size: 520 SQM
Build Size: 217 SQM (Approx.)
Built: 2021
Dual Key Configuration:
Unit 1: 3 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 $500 per week - lease until 09/10/2025)
Last rent increase: 09/10/2024
Spacious open-plan living and dining with split-system air conditioning
Designer kitchen with stone benchtops and ample storage
Three large bedrooms with built-in wardrobes and ceiling fans
Master bedroom includes walk-in wardrobe 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 $440 per week - lease until 14/10/2025)
Last rent increase: 04/10/2024
Light-filled open-plan layout with air conditioning
Modern kitchen with generous cabinetry
Two well-sized bedrooms with built-in wardrobes
Ceiling fans and LED lighting throughout
Single lock-up garage with separate laundry
Secure and low-maintenance backyard
Rental potential up to $480 per week
Financial Overview
Current Rental Income: $940 per week
Potential Rental Income: $1,060 per week
Council Rates: Single council rate for both units
No Body Corporate Fees
Location Highlights:
Park Ridge is a rapidly developing and highly desirable suburb offering convenience, lifestyle, and long-term growth. Ideally positioned with easy access to the M1, Brisbane CBD, Gold Coast, and Sunshine Coast.
Nearby Amenities:
New Logan Reserve Shopping Village within walking distance
Park Ridge Town Centre (Coles, Woolworths, specialty stores)
Happy Hearts Child Care - 1.5 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
An Ideal Investment Opportunity With dual income streams, long-term tenancies, and strong capital growth prospects, this is a truly rare opportunity to secure a high-performing asset in a premium growth corridor.
Contact our team today to arrange your private inspection or request further information. Your new investment in Park Ridge awaits. This is the type of investment you don't want to miss.
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.
