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Overview
Located in a rapidly growing part of Park Ridge, this thoughtfully designed modern dual-key duplex offers a compelling investment opportunity with strong, ongoing rental returns and quality long-term tenants. The property stands out for its functional dual-occupancy layout, providing two fully independent residences under one roof, each with private entrances, single lock-up garages, and covered alfresco areas, which enhances seclusion and tenant privacy.
Constructed in 2021 on a manageable 403 square meter parcel, the duplex features sophisticated finishes such as stone benchtops throughout the kitchens, modern appliances, and split-system air conditioning units, creating comfortable living environments in both units. Residence One, with three bedrooms including a private master suite with walk-in wardrobe and ensuite, serves families with its spacious open-plan living and dining areas and a stylish main bathroom, while Residence Two provides low-maintenance living with two bedrooms and its own well-equipped kitchen and living space.
The investment appeal is reinforced by a strong rental history, currently generating approximately $1,080 weekly with a rent increase to $1,115 scheduled for late 2026, ensuring attractive cash flow potential for investors.
Additional practical elements include separate electricity and water meters for each residence, security screens, fully fenced boundaries, and durable construction featuring an exposed aggregate concrete driveway. The premises are also landscaped, minimizing upkeep concerns.
Situated close to local amenities such as Park Ridge Town Centre, major supermarkets, schools, and childcare facilities, as well as transport links like the Logan Motorway and Mt Lindesay Highway, this property is positioned for long-term growth in an area experiencing consistent population and rental demand rises. This makes it a suitable choice for investors seeking steady income streams and capital appreciation, as well as those looking to expand a dual-income portfolio.
Local Market Insights
In Park Ridge, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, with an average advertised asking price of $917,500. The property type mix of listed properties is predominantly Houses at 75%, followed by land (9%), and duplexes (4%). Ray White was the most active agency in this area, representing 36.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Park Ridge QLD 4125
Market Insights for Park Ridge QLD 4125
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