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Park Ridge, Park Ridge QLD 4125

$1,271,000 Dual Occupancy, Turn Key Package

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$1.27M - $1.33M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 450 m² 237 m²

Listed: 30th Jul 2026

Updated: 23 hours ago

Overview

This dual occupancy property in Park Ridge presents an exceptional opportunity for investors and SMSF buyers seeking a high-yielding, turnkey investment in a rapidly expanding corridor of Southeast Queensland. Currently under construction with completion anticipated in September 2026, the offering includes two separate dwellings on one title under a single contract, streamlining ownership and rental management.

Spanning a land size of approximately 450 square metres with a combined floor area of 237 square metres, the main dwelling offers three bedrooms, while the auxiliary unit includes one bedroom, enabling multiple income streams from a single asset. This dual-key structure supports a projected rental income of up to $1,100 weekly, providing attractive returns grounded in a strong rental market.

The property benefits from modern design efficiencies such as stone benchtops and stainless steel appliances, elevated ceiling heights of 2.44 metres, and reverse cycle air conditioning in living spaces and main bedrooms across both dwellings. Flooring is a thoughtful combination of tiles and carpet, complemented by ceiling fans, downlights, and built-in wardrobes, ensuring comfort and functionality.

Additional inclusions enhance both indoor and outdoor living, featuring secure parking with remote garage access, fully fenced courtyard areas, and amenities such as a clothesline, letterbox, antenna, security screens, and blinds. The turnkey nature of the property includes all site works, council charges, and construction costs, delivering a ready-to-rent package from day one enhanced by a six-year builder’s warranty.

Investing in this property means positioning within a region with significant infrastructure investment — Queensland’s $134 billion commitment to support population growth includes a rail upgrade doubling Gold Coast line capacity, hospital expansions, major motorway projects, and new logistics centers generating thousands of jobs. These developments are driving long-term demand for quality rental properties, making this dual occupancy asset a strategic prospect for building value and income.

Local Market Insights

In Park Ridge, Quiet Listings observed 29 new houses entering the market over the last 30 days, up from 19 during the previous 30-day period, with an average advertised asking price of $1,145,810. The property type mix of listed properties is predominantly Houses at 97%, followed by land (3%). The most active agency for houses in the Park Ridge area is currently Ray White, representing 38% of new listings, followed by Avenue Property with 21%. 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.