There are many reasons why Park Ridge real estate is a great investment. One of the main reasons is that Park Ridge is a growing suburb. The population of Logan City, which includes Park Ridge, is projected to grow by over 30% in the next 20 years! That’s a lot of people who will need places to live. And since Park Ridge offers a great quality of life, with plenty of amenities and opportunities for growth, it’s no wonder that so many people are moving there. If you’re looking for an investment that has high potential for growth, then Park Ridge real estate is definitely worth considering! Another reason to invest in Park Ridge real estate is that it’s a stable market. The vacancy rate in Park Ridge is only 0.71%, which means that there is very little risk of your investment becoming vacant. And because the population is growing, the demand for housing will continue to increase, making your property more valuable over time.
Plus, with a median house price of $580k, Park Ridge properties are still relatively affordable compared to other areas in Logan City.
If you’re looking for an investment that has high potential for growth and is close enough to Brisbane CBD (only 28 km away) but far enough away from the hustle and bustle of city life, then Park Ridge is the perfect choice! So why not invest in Park Ridge real estate today? You won’t regret it!

Property details: DUPLEX
Land details: Lot 31 New Road Park Ridge
Land size: 498m2 Price: TBA. not yet registered
Details: Duplex: – total of 6 beds, 4 baths, 2 cars
Size: 251.64m2 Build Price: $TBA
Dwelling 1: 3beds, 2 baths, 1 car
Dwelling 2: 3 beds, 2 baths, 1 car

INFRASTRUCTURE CHARGES HAVE BEEN INCLUDED IN PRICE
STRATA TITLE IS NOT INCLUDED IN PRICE
Builder will do, but it is an additional cost! Allow $15,000
We strongly recommend you do this to benefit from the high equity uplift this property will have on completion. You have 3 years from the date of your plans being approved for construction at the local council to apply for strata. There is no guarantee given by us that this will approved by the local council. The council controls the approval.

Rental estimate: $1000 to $1060 total per week
Turn key contract – tenant ready!
Off the Plan Purchase – this property is not constructed

Two contract purchase – Land plus HIA Building contract
EOI to hold plus $5000 deposit refundable – so no risk
21 days for finance approval – land settlement 14 days from date of land registration
5% deposit paid on unconditional for Building Contract – progressive drawdowns

Inclusions:
Stone benchtops in Kitchen and Bathrooms, stainless steel appliances incl dishwasher, air conditioning to Living and main bedrooms, ceiling fans to bedrooms, Fly screens to all opening windows, window furnishings to all windows / sliding doors (except wet areas), Security screens to external doors, Carpets, tiles and blinds throughout, NBN wired and ready, Landscaping and fully fenced, Exposed aggregate driveway, Termite Protection Barrier, 12 month maintenance period, 6 year structural warranty, separately metered to water, power and sewer and telstra

This property is subject to being available at the time of your enquiry.

FOR SALE: $999,990

Kaye Tilley 0418 823 046