Offers Over $1,100,000 Mount Emerald Street, Park Ridge

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4 Mount Emerald Street, Park Ridge QLD 4125

Offers Over $995,000

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$995k - $1.04M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 2 Cars 400 m²

Listed: 48 days ago

Updated: 19 days ago

Overview

This contemporary dual-income property, built in 2020, is situated on a manageable 400 square metre block in the flourishing suburb of Park Ridge, offering significant growth potential. The design cleverly accommodates two separately leased units, providing an attractive investment with a dependable combined rental income of $990 per week.

Unit 1 impresses with three generously sized bedrooms and two bathrooms, complemented by a single lock-up garage. Comfort features such as air-conditioning in both the living area and main bedroom, alongside ceiling fans throughout, ensure year-round convenience for occupants. Unit 2 offers a well-appointed two-bedroom, one-bathroom configuration with its own lock-up garage and air-conditioning in the living space, catering to tenants seeking both privacy and modern amenities.

Each unit benefits from private, low-maintenance outdoor spaces, appealing to tenants who value access to fresh air without the burden of extensive upkeep. Located with ease of access to local schools, parks, amenities, and reliable public transport, this dual-income residence is well positioned for long-term tenant appeal and solid investment returns.

Overall, this property presents an outstanding opportunity for investors aiming to secure a modern, low-maintenance asset that balances strong rental yield with growth prospects in one of Park Ridge's desirable neighbourhoods.

Local Market Insights

In Park Ridge, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 16 during the previous 30-day period, with an average advertised asking price of $1,152,711. 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 27%. 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.